Alto Neuroscience grants director 10,958 stock options
Alto Neuroscience director Manji Husseini received a stock option grant for 10,958 shares of common stock.
Rhea-AI Filing Summary
Alto Neuroscience director Manji Husseini received a stock option grant for 10,958 shares of common stock. The option has an exercise price of $24.63 per share and expires on May 11, 2036. The shares underlying the option 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. According to the disclosure, the option was issued under the non-employee director compensation policy and no cash consideration was paid for the grant. Following this award, Husseini holds options covering 10,958 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 10,958 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
Stock Option (right to buy) financial
Non-Employee Director Compensation Policy financial
derivative securities financial
continuous service financial
underlying security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Alto Neuroscience (ANRO) director Manji Husseini report in this Form 4?
What is the exercise price and expiration of Manji Husseini’s Alto Neuroscience option?
When do the Alto Neuroscience (ANRO) director stock options vest?
Did Manji Husseini pay cash for the Alto Neuroscience stock option grant?
Is this Alto Neuroscience (ANRO) Form 4 a buy or sell signal?
AI-generated analysis. How Rhea-AI works. Not financial advice.