Annexon director granted 65,000 stock options
Annexon, Inc. director Bettina M. Cockroft received a grant of stock options covering 65,000 shares of common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Annexon, Inc. director Bettina M. Cockroft received a grant of stock options covering 65,000 shares of common stock. The options have an exercise price of $4.7000 per share and expire on June 11, 2036.
According to the terms, all 65,000 underlying shares vest and become exercisable as to 100% of the total on the earlier of the first anniversary of June 11, 2026 or the next Annual Meeting following that date, subject to her continuous service as a director until the vesting date.
Insider Trade Summary
Grant/Award: 65,000 shares
Grant/Award
1 txn
Insider
Cockroft Bettina M.
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 options
Exercise price: $4.7000 per share
Underlying shares: 65,000 shares
+2 more
5 metrics
Option grant size
65,000 options
Stock Option (Right to Buy) granted on June 11, 2026
Exercise price
$4.7000 per share
Conversion or exercise price for the stock options
Underlying shares
65,000 shares
Common Stock underlying the stock options
Expiration date
June 11, 2036
Option expiration for the stock options
Holdings after grant
65,000 derivative securities
Total stock options following this acquisition
Key Terms
Stock Option (Right to Buy), exercise price, underlying security, vest, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price: "4.7000" per share"
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.
underlying security financial
"underlying_security_title: "Common Stock" and underlying_security_shares"
vest financial
"The underlying shares subject to the option vest and become exercisable"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Annual Meeting financial
"the next Annual Meeting following June 11, 2026"
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) director Bettina Cockroft report on this Form 4?
Bettina M. Cockroft reported receiving a grant of stock options for 65,000 shares of Annexon common stock. These are compensation-related awards, not open-market purchases or sales, and represent a new derivative position tied to her role as a director.
What are the key terms of the 65,000 Annexon (ANNX) stock options?
The grant covers 65,000 shares of Annexon common stock with an exercise price of $4.7000 per share. The options are structured as a right to buy common stock and expire on June 11, 2036, providing a long-dated equity incentive.
When do Bettina Cockroft’s Annexon (ANNX) options vest?
All 65,000 options vest and become exercisable in full on the earlier of the first anniversary of June 11, 2026 or the next Annual Meeting following June 11, 2026, provided she continues serving as a director until the vesting date.
Is this Annexon (ANNX) Form 4 an open-market buy or sell?
No, this Form 4 reflects a grant or award acquisition of stock options, not an open-market trade. The transaction code is A, indicating a compensation-related award rather than the insider buying or selling shares in the market.
How many Annexon (ANNX) derivative securities does Bettina Cockroft hold after this grant?
Following this transaction, Bettina M. Cockroft holds 65,000 stock options directly. Each option is a right to acquire one share of Annexon common stock at an exercise price of $4.7000 per share if and when the options vest and are exercised.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates