STOCK TITAN

AN2 Therapeutics grants CMO 116K RSUs, options

AN2 Therapeutics’ chief medical officer received time-based RSU and stock option grants that vest over several years, conditioned on continued service.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AN2 Therapeutics, Inc. (ANTX) reported that Chief Medical Officer Trenor Cameron C. III received equity awards on September 15, 2026. He was granted 116,667 shares of Common Stock in the form of restricted stock units and a stock option covering 233,333 shares of Common Stock at an exercise price of $5.36 per share, expiring September 14, 2036. The RSUs and option vest over time, subject to his continuous service.

Positive

  • None.

Negative

  • None.
Insider Trenor Cameron C. III
Role Chief Medical Officer
Type Security Shares Price Value
Grant/Award Stock Option (right to by) F2 233,333 $0.00 $0.00
Grant/Award Common Stock F1 116,667 $0.00 $0.00
Holdings After Transaction: Stock Option (right to by) — 233,333 contracts (Direct); Common Stock — 116,667 shares (Direct)
Footnotes (2)
  1. F1. Represents restricted stock units ("RSUs") which vest as follows: 10,400 RSUs vest on January 1, 2027, prorated from August 24, 2026, the vesting start date, and the remaining RSUs vest in equal annual installments on each January 1, 2028, January 1, 2029 and January 1, 2030, subject to the Reporting Person's continuous service through each applicable vesting date.
  2. F2. The shares subject to the stock option vest as follows: 25% of the shares vest on August 24, 2027 and the remaining shares vest in equal monthly installments over the subsequent 36 months, subject to the Reporting Person's continuous service through each applicable vesting date.
RSUs granted 116,667 shares Restricted stock units of Common Stock granted on September 15, 2026
Stock option shares 233,333 shares Shares of Common Stock underlying option granted on September 15, 2026
Stock option exercise price $5.36 per share Exercise price for the 233,333-share option
Option expiration date September 14, 2036 Expiration of stock option grant
Initial RSUs vesting 10,400 RSUs Vest on January 1, 2027, prorated from August 24, 2026
Option cliff vesting 25% of 233,333 shares Vests on August 24, 2027, before monthly vesting over 36 months
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") which vest as follows"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
stock option financial
"The shares subject to the stock option vest as follows"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vesting start date financial
"prorated from August 24, 2026, the vesting start date"
continuous service financial
"subject to the Reporting Person's continuous service through each"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did ANTX grant to its Chief Medical Officer on September 15, 2026?

AN2 Therapeutics granted Chief Medical Officer Trenor Cameron C. III 116,667 RSUs of Common Stock and a stock option for 233,333 shares of Common Stock at an exercise price of $5.36 per share, expiring on September 14, 2036.

How do the new RSUs granted by ANTX to the CMO vest?

The 116,667 RSUs vest as follows: 10,400 RSUs on January 1, 2027, prorated from the August 24, 2026 vesting start date, and the remaining RSUs vest in equal annual installments on January 1, 2028, January 1, 2029, and January 1, 2030, subject to continuous service.

What is the vesting schedule of the ANTX stock option granted to the CMO?

For the 233,333-share stock option, 25% of the shares vest on August 24, 2027, and the remaining shares vest in equal monthly installments over the following 36 months, subject to the reporting person’s continuous service through each vesting date.

What are the CMO’s holdings in ANTX after these grants?

After the grants, the reporting person directly holds 116,667 shares of Common Stock from RSUs and a stock option covering 233,333 shares of Common Stock, all subject to the stated vesting schedules and service conditions.

Were the ANTX equity grants to the CMO made under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox as not affirmed, and no footnote states otherwise, so these grants are reported without being identified as made under a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Trenor Cameron C. III

(Last)(First)(Middle)
C/O AN2 THERAPEUTICS, INC.
1300 EL CAMINO REAL, SUITE 100

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AN2 Therapeutics, Inc. [ ANTX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Medical Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/15/2026A116,667(1)A$0116,667D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to by)$5.3609/15/2026A233,333 (2)09/14/2036Common Stock233,333$0233,333D
Explanation of Responses:
1. Represents restricted stock units ("RSUs") which vest as follows: 10,400 RSUs vest on January 1, 2027, prorated from August 24, 2026, the vesting start date, and the remaining RSUs vest in equal annual installments on each January 1, 2028, January 1, 2029 and January 1, 2030, subject to the Reporting Person's continuous service through each applicable vesting date.
2. The shares subject to the stock option vest as follows: 25% of the shares vest on August 24, 2027 and the remaining shares vest in equal monthly installments over the subsequent 36 months, subject to the Reporting Person's continuous service through each applicable vesting date.
/s/ Eric Easom, Attorney-in-Fact for Cameron Trenor09/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Keep reading