Alto Neuroscience (NASDAQ: ANRO) director receives 10,958 stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alto Neuroscience director Ramiro Sanchez received a grant of stock options for 10,958 shares of common stock. The options have an exercise price of $24.63 per share and expire on May 11, 2036. All 10,958 underlying shares will vest on the earlier of the one-year anniversary of the grant date and the company’s next annual meeting, as long as he remains in continuous service. The options were issued under Alto Neuroscience’s Non-Employee Director Compensation Policy, and Sanchez paid no cash consideration for this award. Following this grant, he holds 10,958 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sanchez Ramiro
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 10,958 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 10,958 shares (Direct, null)
Footnotes (1)
- The shares underlying the option shall vest on the earlier of the one-year anniversary of the date of grant and the date of Issuer's next Annual Meeting following the date of grant, subject to the Reporting Person's continuous service through such vesting date. This option was issued to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy, and was not sold to the Reporting Person. As such, the Reporting person did not pay any consideration for the derivative securities.
Key Figures
Option grant size: 10,958 options
Exercise price: $24.63 per share
Underlying shares: 10,958 shares
+2 more
5 metrics
Option grant size
10,958 options
Stock Option (right to buy) granted to director Ramiro Sanchez
Exercise price
$24.63 per share
Strike price for Alto Neuroscience common stock under the option
Underlying shares
10,958 shares
Common Stock underlying the granted stock options
Total derivative holdings after grant
10,958 options
Total stock options held directly following this transaction
Option expiration date
May 11, 2036
Expiration of director stock option grant
Key Terms
Stock Option (right to buy), Non-Employee Director Compensation Policy, continuous service, Annual Meeting
4 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
Non-Employee Director Compensation Policy financial
"issued to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy"
continuous service financial
"subject to the Reporting Person's continuous service through such vesting date"
Annual Meeting financial
"the date of Issuer's next Annual Meeting following the date of grant"
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.