Annexon director granted 65,000 stock options
Annexon, Inc. director Jung Choi received a grant of stock options covering 65,000 shares of common stock at an exercise price of $4.70 per share.
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Form Type
4
Rhea-AI Filing Summary
Annexon, Inc. director Jung Choi received a grant of stock options covering 65,000 shares of common stock at an exercise price of $4.70 per share. These options vest in full on the earlier of the first anniversary of June 11, 2026 or the next Annual Meeting following that date, subject to continued board service, and expire on June 11, 2036. Following this award, Choi holds stock options for 65,000 underlying shares directly.
Insider Trade Summary
Grant/Award: 65,000 shares
Grant/Award
1 txn
Insider
Choi Jung
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 65,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 65,000 contracts (Direct)
Footnotes (1)
- F1. The underlying shares subject to the option vest and become exercisable as to 100% of the total number of shares subject to the option on the earlier of (i) the first anniversary of June 11, 2026 or (ii) the next Annual Meeting following June 11, 2026, subject to Reporting Person's continuous service as a director until such vesting date.
Key Figures
Option grant size: 65,000 shares
Exercise price: $4.70 per share
Expiration date: June 11, 2036
+1 more
4 metrics
Option grant size
65,000 shares
Stock Option (Right to Buy) granted to director Jung Choi
Exercise price
$4.70 per share
Conversion or exercise price of granted stock options
Expiration date
June 11, 2036
Option expiration for 65,000-share grant
Post-grant derivative holdings
65,000 shares
Total shares underlying options following transaction
Key Terms
Stock Option (Right to Buy), exercise price, vest and become exercisable, Annual Meeting
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 4.7000"
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.
vest and become exercisable financial
"The underlying shares subject to the option vest and become exercisable as to 100% of the total number"
Annual Meeting financial
"the next Annual Meeting following June 11, 2026, subject to Reporting Person's continuous service"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Annexon (ANNX) disclose in this Form 4 filing?
Annexon reported that director Jung Choi received a grant of stock options for 65,000 shares of common stock, with full vesting based on future service and governance milestones described in the award terms.
How many Annexon (ANNX) stock options were granted to Jung Choi?
Jung Choi was granted stock options covering 65,000 shares of Annexon common stock. These options give the right to buy that number of shares once they vest, subject to the award’s service and timing conditions.
What is the exercise price of Jung Choi’s Annexon (ANNX) stock options?
The stock options granted to Jung Choi have an exercise price of $4.70 per share. This means Choi can purchase Annexon common shares at $4.70 each once the options vest and remain exercisable until their expiration date.
When do Jung Choi’s Annexon (ANNX) stock options vest?
The options vest and become exercisable as to 100% of the shares on the earlier of the first anniversary of June 11, 2026 or the next Annual Meeting after that date, if Choi continues serving as a director through vesting.
When do the newly granted Annexon (ANNX) stock options expire?
The granted stock options expire on June 11, 2036. After that expiration date, any unexercised portion of the 65,000-share award will no longer be exercisable, so use of the grant must occur before that deadline.
How many Annexon (ANNX) options does Jung Choi hold after this grant?
Following this transaction, Jung Choi holds stock options for 65,000 underlying shares directly. This reflects the full size of the new award reported, with no additional derivative holdings shown in this particular filing excerpt.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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