Assembly Biosciences (NASDAQ: ASMB) awards 8,000 stock options to director McHutchison
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Assembly Biosciences director John G. McHutchison received a grant of stock options for 8,000 shares of Common Stock. The options have an exercise price of $24.11 per share and expire on June 4, 2036. They vest, assuming continuous service, on the earlier of June 4, 2027 or the company’s 2027 annual meeting of stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McHutchison John G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 8,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 8,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock options granted: 8,000 options
Exercise price: $24.11 per share
Underlying shares: 8,000 shares
+3 more
6 metrics
Stock options granted
8,000 options
Grant to director on June 4, 2026
Exercise price
$24.11 per share
Strike price of granted options
Underlying shares
8,000 shares
Common Stock covered by options
Expiration date
June 4, 2036
Options lapse if not exercised
Vesting date trigger
June 4, 2027 or 2027 meeting
Earlier of two vesting events with continuous service
Total options after grant
8,000 options
Holdings following this transaction
Key Terms
Stock Option (right to buy), exercise price, expiration date, underlying security, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 24.1100"
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: 2036-06-04T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
underlying security financial
"underlying_security_title: Common Stock"
annual meeting of stockholders financial
"the Issuer's 2027 annual meeting of stockholders"
FAQ
What insider transaction did ASMB report for John G. McHutchison?
Assembly Biosciences reported that director John G. McHutchison received a grant of stock options for 8,000 shares of Common Stock. This is a compensation-related award, not an open-market purchase or sale of existing shares.
What is the exercise price of the new ASMB stock options?
The granted stock options have an exercise price of $24.11 per share. This is the price at which McHutchison can buy Assembly Biosciences Common Stock if the options vest and are later exercised.
When do John G. McHutchison’s ASMB options vest?
The options vest, assuming continuous service, on the earlier of June 4, 2027 or the date of Assembly Biosciences’ 2027 annual meeting of stockholders. Vesting must occur before the options can be exercised.
When do the newly granted ASMB stock options expire?
The granted stock options expire on June 4, 2036. After this expiration date, any unexercised options will lapse and can no longer be used to purchase Assembly Biosciences Common Stock.