Armata Pharmaceuticals (ARMP) CEO awarded 421,226 stock options at $11.61
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Armata Pharmaceuticals, Inc. reported that Chief Executive Officer Deborah Birx received a grant of stock options for 421,226 shares of common stock on March 9, 2026. The options carry an exercise price of 11.6100 per share and fully represent her derivative holdings after this grant.
According to the terms, 25% of the options vest on March 9 of each of 2027, 2028, 2029, and 2030, in each case conditioned on her continuous service through the relevant vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Birx Deborah
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 421,226 | $0.00 | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 421,226 shares (Direct)
Footnotes (1)
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FAQ
What did Armata Pharmaceuticals (ARMP) disclose in this Form 4 for Deborah Birx?
Armata Pharmaceuticals disclosed that CEO Deborah Birx received a grant of stock options covering 421,226 shares of common stock at an exercise price of $11.61 per share. This is classified as a grant or award acquisition, not an open-market purchase or sale.
How many stock options did the Armata (ARMP) CEO receive and at what exercise price?
Deborah Birx received stock options for 421,226 underlying shares of Armata Pharmaceuticals common stock. The options have an exercise price of $11.61 per share, meaning she can buy shares at that price once the options vest and are exercised, subject to the grant terms.
What is the vesting schedule for Deborah Birx’s Armata (ARMP) stock options?
The stock options vest in four equal annual installments. Twenty‑five percent of the grant vests on March 9 in each of 2027, 2028, 2029, and 2030, and each vesting tranche requires Deborah Birx to remain in continuous service through the applicable vesting date.
Are the Armata (ARMP) stock options granted to Deborah Birx an open-market transaction?
No, the transaction is reported with code A, meaning a grant, award or other acquisition of derivative securities. It reflects compensation in the form of stock options, not an open-market purchase or sale of Armata Pharmaceuticals common stock by the CEO.
How many Armata (ARMP) stock options does Deborah Birx hold after this grant?
After this transaction, Deborah Birx is reported as holding 421,226 stock options directly. These options each relate to one share of Armata Pharmaceuticals common stock, giving her the right to acquire shares at $11.61 per share if and when they vest and are exercised.