ANRO Form 4 reports acquisition/exercise transactions
Smith Nicholas Conrad reported acquisition or exercise transactions in a Form 4 filing for ANRO.
Rhea-AI Filing Summary
Smith Nicholas Conrad reported acquisition or exercise transactions in a Form 4 filing for ANRO. The filing lists transactions totaling 200,000 shares. Following the reported transactions, holdings were 200,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 200,000 shares
Grant/Award
1 txn
Insider
Smith Nicholas Conrad
Role
CHIEF FINANCIAL OFFICER & CBO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 200,000 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 200,000 contracts (Direct)
Footnotes (1)
- F1. 25% of the shares underlying the option shall vest on February 11, 2027, and one forty-eighth (1/48th) of the shares underlying the option shall vest in monthly installments thereafter, subject to the Reporting Person's continuous service through each such vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Alto Neuroscience (ANRO) disclose for Nicholas Conrad Smith?
Alto Neuroscience disclosed that chief financial officer and chief business officer Nicholas Conrad Smith received an employee stock option grant for 200,000 shares. The option allows him to buy common stock at an exercise price of $16.71 per share, subject to a long-term vesting schedule.
What is the exercise price and expiration date of the Alto Neuroscience (ANRO) option grant?
The employee stock option has an exercise price of $16.71 per share and expires on February 10, 2036. This means the executive can exercise vested portions of the option at that price any time before expiration, subject to the plan’s and award’s terms.
How do the Alto Neuroscience (ANRO) stock options granted to Nicholas Conrad Smith vest?
Twenty-five percent of the shares underlying the option vest on February 11, 2027. The remaining shares then vest in equal monthly installments of one forty-eighth of the total, conditioned on Nicholas Conrad Smith’s continuous service through each vesting date.
Is the Alto Neuroscience (ANRO) stock option grant to Nicholas Conrad Smith a purchase or an award?
The transaction is an award of employee stock options, not an open-market purchase. The Form 4 lists the transaction code as a grant or other acquisition, with no cash price paid for the option itself and an exercise price set at $16.71 per share.
How many Alto Neuroscience (ANRO) derivative securities does Nicholas Conrad Smith hold after the grant?
After the reported transaction, Nicholas Conrad Smith beneficially owns 200,000 derivative securities in the form of employee stock options. These options are held directly and represent rights to acquire Alto Neuroscience common stock if the options are later exercised.
AI-generated analysis. How Rhea-AI works. Not financial advice.