Aurinia Pharmaceuticals (AUPH) director receives 23,931 share option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aurinia Pharmaceuticals Inc. reported that director Tina Susan Nova received a grant of stock options. The award covers 23,931 options to purchase common shares at an exercise price of $15.67 per share and is treated as a compensation grant, not a market purchase.
The options vest in full one year from the grant date and expire on June 4, 2036. Following this grant, Nova holds 23,931 derivative securities directly in the form of these options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nova Tina Susan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Option (right to buy) | 23,931 | $0.00 | -- |
Holdings After Transaction:
Director Stock Option (right to buy) — 23,931 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 23,931 options
Exercise price: $15.67 per share
Total derivative holdings after grant: 23,931 options
+1 more
4 metrics
Options granted
23,931 options
Director grant on June 4, 2026
Exercise price
$15.67 per share
Director stock option grant
Total derivative holdings after grant
23,931 options
Held directly following transaction
Option expiration date
June 4, 2036
Director option grant term
Key Terms
Director Stock Option (right to buy), grant/award acquisition, exercise price, expiration date
4 terms
Director Stock Option (right to buy) financial
"security_title: Director Stock Option (right to buy)"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
exercise price financial
"conversion_or_exercise_price: 15.6700"
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The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
FAQ
What did Aurinia Pharmaceuticals (AUPH) disclose in this Form 4 filing?
Aurinia Pharmaceuticals disclosed that director Tina Susan Nova received a grant of 23,931 stock options. These options give her the right to buy common shares at $15.67 per share as part of her director compensation, not an open-market trade.
How many Aurinia (AUPH) stock options were granted to director Tina Susan Nova?
Tina Susan Nova was granted 23,931 stock options. Each option represents the right to purchase one common share of Aurinia Pharmaceuticals at a fixed exercise price, providing potential future ownership if exercised after vesting conditions are met.
What is the exercise price and term of the Aurinia (AUPH) director stock options?
The granted options have an exercise price of $15.67 per share and an expiration date of June 4, 2036. This long-dated option term gives the director an extended window to exercise the options once they have vested.
When do Tina Susan Nova’s Aurinia (AUPH) stock options vest?
The options granted to Tina Susan Nova vest one year from the grant date. This means she must remain eligible through that one-year period before she can exercise the options to purchase Aurinia common shares at the fixed exercise price.