Apogee Therapeutics (APGE) director receives stock options for 7,657 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apogee Therapeutics director Mark C. McKenna received a grant of stock options covering 7,657 shares of common stock at an exercise price of $85.00 per share. The options vest on the one-year anniversary of the June 9, 2026 grant date, contingent on his continued service, and expire on June 9, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McKenna Mark C.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 7,657 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 7,657 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 7,657 shares
Exercise price: $85.00 per share
Total options after grant: 7,657 derivative shares
+2 more
5 metrics
Option grant size
7,657 shares
Stock options on common stock granted June 9, 2026
Exercise price
$85.00 per share
Strike price for the 7,657-share option grant
Total options after grant
7,657 derivative shares
Total derivative securities following this transaction
Expiration date
June 9, 2036
Option term end date for the grant
Vesting schedule
100% after one year
Vests on one-year anniversary of grant, with continued service
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, Grant, award, or other acquisition, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price: "85.0000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2036-06-09T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
continued service financial
"subject to the Reporting Person's continued service to the Issuer"
FAQ
What did Apogee Therapeutics (APGE) disclose in this Form 4 for Mark C. McKenna?
Apogee Therapeutics reported that director Mark C. McKenna received a grant of stock options for 7,657 shares. These options allow him to buy common stock at $85.00 per share, subject to vesting and other standard conditions over time.
What is the exercise price and expiration date of Mark C. McKenna’s APGE stock options?
The options have an exercise price of $85.00 per share and expire on June 9, 2036. This means McKenna can buy shares at $85.00 any time after vesting and before the June 9, 2036 expiration date, subject to plan terms.
When do Mark C. McKenna’s newly granted Apogee Therapeutics (APGE) options vest?
The options vest on the one-year anniversary of the June 9, 2026 grant date, assuming continued service. If McKenna remains in his role through that date, the full 7,657-share option award will become exercisable as described.
Is Mark C. McKenna’s Apogee Therapeutics (APGE) Form 4 transaction an open-market purchase or a grant?
The Form 4 reflects a grant of stock options, not an open-market purchase. The transaction code "A" indicates a grant or award acquisition, with an exercise price of $85.00 per share and no cash paid at the grant date.