Aligos Therapeutics (ALGS) director receives stock options for 5,860 shares at $5.50
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aligos Therapeutics director Peter Hirth received a stock option grant for 5,860 shares of common stock at an exercise price of $5.50 per share. The option vests in full on the earlier of the first anniversary of the grant date or immediately before the 2027 annual stockholder meeting, assuming continuous service, and expires in 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hirth Peter
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 5,860 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 5,860 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 5,860 options
Exercise price: $5.50 per share
Expiration date: June 25, 2036
+1 more
4 metrics
Option grant size
5,860 options
Stock option award to director Peter Hirth
Exercise price
$5.50 per share
Strike price for granted stock options
Expiration date
June 25, 2036
Option term end date
Post-grant derivative holdings
5,860 options
Total options held after transaction
Key Terms
Stock Option (Right to Buy), exercise price, grant, award, or other acquisition, vest and become exercisable, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 5.5000"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vest and become exercisable financial
"The shares subject to the option will vest and become exercisable as to 100%..."
continuous service financial
"subject to continuous service to the Issuer through such vesting date"
FAQ
What insider transaction did Aligos Therapeutics (ALGS) report for Peter Hirth?
Aligos Therapeutics reported that director Peter Hirth received a stock option grant for 5,860 shares of common stock at a $5.50 exercise price. This is a compensation-related award, not an open-market purchase or sale of existing shares.
What are the terms of Peter Hirth’s new Aligos Therapeutics (ALGS) stock options?
The new stock options give Peter Hirth the right to buy 5,860 Aligos common shares at $5.50 per share. They vest 100% on the earlier of the first anniversary of the grant or immediately before the 2027 annual meeting, subject to continuous service.
When do Peter Hirth’s Aligos Therapeutics (ALGS) options expire?
Peter Hirth’s stock options are scheduled to expire on June 25, 2036. He must exercise them before that date, once vested, to acquire up to 5,860 Aligos common shares at the fixed $5.50 exercise price per share.
Is Peter Hirth’s Form 4 transaction in Aligos Therapeutics (ALGS) a buy or a sale?
The Form 4 shows an acquisition of derivative securities through a stock option grant, not an open-market buy or sale. The code “A” indicates a grant or award, reflecting compensation rather than a discretionary trading decision in Aligos shares.
How many Aligos Therapeutics (ALGS) options does Peter Hirth hold after this grant?
After this grant, Peter Hirth holds 5,860 stock options according to the filing. These options each relate to one underlying Aligos common share, giving him rights to potentially acquire that number of shares if he exercises the options after vesting.