[Form 4] Apogee Therapeutics, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apogee Therapeutics (APGE) reported insider stock option grants to directors affiliated with Fairmount Funds Management. On June 17, 2025, two directors received identical stock option packages:
- Peter Harwin and Tomas Kiselak each received options to purchase 14,461 shares at an exercise price of $41.66 per share
- Options will vest on the one-year anniversary of the grant date (June 17, 2026)
- Options expire on June 17, 2035
Both directors hold these options on behalf of Fairmount Funds Management investment vehicles and must turn over any proceeds to Fairmount. Both directors disclaim beneficial ownership except for their pecuniary interest. Fairmount is deemed a director by deputization due to Harwin and Kiselak serving as both board members and Managing Members of Fairmount.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fairmount Funds Management LLC, Kiselak Tomas, Harwin Peter Evan
Role
Director | Director | Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 14,461 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 14,461 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 14,461 shares (Indirect, By: Peter Harwin)
Footnotes (1)
- This option represents the right to purchase 14,461 shares of the Issuer's common stock and will vest on the one-year anniversary of the grant date, subject to the Reporting Person's continued service to the Issuer on such vesting date. Under Mr. Harwin's arrangement with Fairmount Funds Management LLC ('Fairmount'), Mr. Harwin holds the option for one or more investment vehicles managed by Fairmount (each, a "Fairmount Fund"). Mr. Harwin is obligated to turn over to Fairmount any net cash or stock received from the option for the benefit of such Fairmount Fund. Mr. Harwin therefore disclaims beneficial ownership of the option and underlying common stock. Fairmount disclaims beneficial ownership of any of the reported securities, except to the extent of its pecuniary interest therein. Under Mr. Kiselak's arrangement with Fairmount, Mr. Kiselak holds the option for one or more Fairmount Funds. Mr. Kiselak is obligated to turn over to Fairmount any net cash or stock received from the option for the benefit of such Fairmount Fund. Mr. Kiselak therefore disclaims beneficial ownership of the option and underlying common stock. Fairmount disclaims beneficial ownership of any of the reported securities, except to the extent of its pecuniary interest therein.
FAQ
What stock options were granted to APGE directors in June 2025?
Two APGE directors, Peter Harwin and Tomas Kiselak, each received stock options to purchase 14,461 shares at an exercise price of $41.66 per share on June 17, 2025. These options will vest on the one-year anniversary of the grant date and expire on June 17, 2035.
What is the vesting schedule for APGE's director stock options granted in June 2025?
The stock options granted to APGE directors will vest in full on the one-year anniversary of the grant date (June 17, 2026), subject to the director's continued service to the company on the vesting date.
What is the relationship between Fairmount Funds Management LLC and APGE's directors?
Fairmount Funds Management LLC is deemed a director by deputization of APGE because Peter Harwin and Tomas Kiselak serve both as Managing Members of Fairmount and on APGE's board of directors. Both directors hold their options for Fairmount Funds and must turn over any net cash or stock received to Fairmount.
What is the exercise price and expiration date of APGE's June 2025 director stock options?
The stock options granted to APGE directors have an exercise price of $41.66 per share and expire on June 17, 2035, ten years from the grant date.