Director at aTYR Pharma (ATYR) receives 50,000-share stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
aTYR Pharma director Eric Benevich received a new stock option grant. On May 11, 2026, he was awarded options to buy 50,000 shares of aTYR Pharma common stock at an exercise price of $0.95 per share. These options were granted under the company’s non-employee director compensation policy.
The option vests in full on the earlier of May 11, 2027 or the company’s 2027 Annual Meeting of Stockholders, provided he continues serving on the Board of Directors. Following this grant, he holds 50,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BENEVICH ERIC
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 50,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 50,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 50,000 options
Exercise price: $0.95 per share
Underlying shares: 50,000 shares
+3 more
6 metrics
Option grant size
50,000 options
Stock Option (right to buy) granted May 11, 2026
Exercise price
$0.95 per share
Conversion/exercise price for the 50,000 options
Underlying shares
50,000 shares
Common stock underlying the stock option grant
Post-grant options held
50,000 options
Total derivative securities following the transaction
Option expiration
May 11, 2036
Expiration date of the stock option grant
Vesting date trigger
Earlier of May 11, 2027 or 2027 meeting
Vesting condition subject to continued Board service
Key Terms
Stock Option (right to buy), non-employee director compensation policy, vests in full, Annual Meeting of Stockholders, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
non-employee director compensation policy financial
"The option, granted pursuant to the Issuer's non-employee director compensation policy"
vests in full financial
"The option ... vests in full on the earlier of (i) May 11, 2027 or (ii) the Issuer's 2027 Annual Meeting"
Annual Meeting of Stockholders financial
"the Issuer's 2027 Annual Meeting of Stockholders"
derivative securities financial
"derivativeTransactionCount: 1, reflecting derivative securities (stock options)"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What did aTYR Pharma (ATYR) director Eric Benevich report in this Form 4?
Eric Benevich reported receiving a stock option grant for 50,000 shares of aTYR Pharma common stock. The options were awarded as part of the non-employee director compensation policy and give him the right to buy shares at a fixed exercise price of $0.95.
What is the exercise price and expiration date of Eric Benevich’s aTYR Pharma options?
The options have an exercise price of $0.95 per share and expire on May 11, 2036. This means he may choose to buy up to 50,000 shares at $0.95 any time after vesting and before the expiration date, subject to plan terms.
When do Eric Benevich’s aTYR Pharma (ATYR) options vest?
The options vest in full on the earlier of May 11, 2027 or the company’s 2027 Annual Meeting of Stockholders. Vesting is conditional on his continued service on the Board of Directors through that date, consistent with the director compensation policy.
How many aTYR Pharma derivative securities does Eric Benevich hold after this transaction?
After this transaction, Eric Benevich holds 50,000 stock options relating to aTYR Pharma common stock. These options were all acquired in this grant and represent his reported derivative position in this filing, held directly under the non-employee director compensation arrangement.