Annexon (ANNX) grants CMO 225,000 options and 56,250 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Annexon, Inc. reported that its Chief Medical Officer, Jamie Dananberg, received new equity awards on February 19, 2026. The awards include a stock option covering 225,000 shares at an exercise price of $0.00 per share and a grant of 56,250 shares of common stock in the form of restricted stock units (RSUs).
According to the filing, 1/48 of the option shares vest monthly starting from February 19, 2026, becoming fully vested on the fourth anniversary, subject to continued service. For the RSUs, one-third vests each year on February 19, with the first third vesting on February 19, 2027, also conditioned on continuous service. Following these grants, Dananberg directly owns 129,402 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dananberg Jamie
Role
CHIEF MEDICAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 225,000 | $0.00 | -- |
| Grant/Award | Common Stock | 56,250 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 225,000 shares (Direct);
Common Stock — 129,402 shares (Direct)
Footnotes (1)
- Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. 1/3rd of the RSUs vest annually on February 19 of each year, with the first 1/3rd vesting on February 19, 2027, subject to Reporting Person's continuous service with the Issuer as of each such vesting date. 1/48th of the shares subject to the option vest on each monthly anniversary measured from February 19, 2026 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date, subject to Reporting Person's continuous service with the Issuer as of each such vesting date.
FAQ
What equity awards did Annexon (ANNX) grant to its Chief Medical Officer?
Annexon granted its Chief Medical Officer a stock option for 225,000 shares at $0.00 per share and 56,250 RSUs. These awards are part of his compensation and vest over several years, contingent on continued service.
How do Jamie Dananberg’s new stock options at Annexon (ANNX) vest?
The stock option for 225,000 shares vests in equal monthly installments. Specifically, 1/48 of the shares vest on each monthly anniversary of February 19, 2026, so the option becomes fully vested four years after that date, assuming continued service.
What is the vesting schedule for the RSUs granted by Annexon (ANNX)?
The 56,250 RSUs vest in three equal annual installments. One-third of the RSUs vests on February 19, 2027, and the remaining thirds vest on the next two February 19 dates, subject to continuous service with Annexon at each vesting date.
Are the new Annexon (ANNX) equity awards open-market purchases by the CMO?
No, the filing characterizes these as grants or awards, not open-market purchases. The stock option and RSUs were awarded at an exercise or purchase price of $0.00 per share as part of compensation, and vest over time with continued service.