Annexon director granted 65,000 stock options
Annexon director William H. Carson received a grant of stock options covering 65,000 shares of Annexon common stock, with an exercise price of $4.70 per share.
Rhea-AI Filing Summary
Annexon director William H. Carson received a grant of stock options covering 65,000 shares of Annexon common stock, with an exercise price of $4.70 per share. These options were awarded as compensation rather than bought in the open market.
The options vest and become fully exercisable as to 100% of the shares on the earlier of the first anniversary of June 11, 2026 or the next Annual Meeting following that date, as long as he continues serving as a director through vesting. The options expire on June 11, 2036, and following this grant he holds derivative rights over 65,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 65,000 shares
Grant/Award
1 txn
Insider
Carson William H.
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
Exercise price
$4.70 per share
Conversion or exercise price of the stock option
Expiration date
June 11, 2036
Option expiration for the 65,000-share grant
Post-transaction derivative holdings
65,000 shares
Total shares underlying options held after grant
Key Terms
Stock Option (Right to Buy), Common Stock, Annual Meeting, continuous service
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Annual Meeting financial
"on the earlier of (i) the first anniversary of June 11, 2026 or (ii) the next Annual Meeting"
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.
continuous service financial
"subject to Reporting Person's continuous service as a director until such vesting date"
FAQ
What did Annexon (ANNX) director William H. Carson report in this Form 4?
He reported receiving a grant of stock options for 65,000 shares of Annexon common stock. The options are a compensation-related award, not an open-market purchase, giving him the right to buy shares at a fixed exercise price of $4.70.
What are the key terms of William H. Carson’s Annexon (ANNX) stock option grant?
The grant covers 65,000 shares of common stock at an exercise price of $4.70 per share, expiring on June 11, 2036. It is classified as a derivative security (stock option right to buy) awarded as a grant or other acquisition.
When do William H. Carson’s Annexon (ANNX) options vest and become exercisable?
The options vest and become exercisable for 100% of the 65,000 shares on the earlier of the first anniversary of June 11, 2026 or the next Annual Meeting after that date, subject to his continuous service as a director until vesting.
Was William H. Carson’s Annexon (ANNX) Form 4 transaction an open-market buy or sell?
No, the Form 4 shows a code A transaction, meaning a grant or award acquisition of stock options. It is a compensation-related award, not an open-market purchase or sale of Annexon common stock, and involves derivative options at a fixed exercise price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
