Azitra CFO granted 35,524 stock options
Azitra, Inc. Chief Financial Officer Norm Staskey received a grant of 35,524 stock options to buy common shares.
Rhea-AI Filing Summary
Azitra, Inc. Chief Financial Officer Norm Staskey received a grant of 35,524 stock options to buy common shares. The options have an exercise price of $0.2127 per share and expire on April 20, 2036. After this grant, Staskey holds 35,524 options directly.
One third of the options will vest on the one-year anniversary of the grant date, and the remaining two thirds will vest in equal monthly installments over the following two years. This is a compensation-related award rather than an open-market purchase or sale.
Insider Trade Summary
Grant/Award: 35,524 shares
Grant/Award
1 txn
Insider
Staskey Norm
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right To Buy) | 35,524 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Options (Right To Buy) — 35,524 contracts (Direct)
Footnotes (1)
- F1. 1/3rd of the total number of shares of the Company's common stock subject to the option shall vest on the one year anniversary of the date of issuance, the Vesting Commencement Date, and 1/36th of the total number of shares of the Company's common stock subject to the option will vest each calendar month thereafter for the next two years, on the same day of the month as the Vesting Commencement Date
Key Figures
Options granted: 35,524 options
Exercise price: $0.2127 per share
Expiration date: April 20, 2036
+2 more
5 metrics
Options granted
35,524 options
Grant to CFO Norm Staskey on April 20, 2026
Exercise price
$0.2127 per share
Stock options to buy Azitra common stock
Expiration date
April 20, 2036
Final exercise date for granted stock options
Underlying shares
35,524 shares
Common stock underlying the option grant
Post-grant derivative holdings
35,524 options
Total options held directly after the transaction
Key Terms
Stock Options (Right To Buy), exercise price, vesting, Vesting Commencement Date, +1 more
5 terms
Stock Options (Right To Buy) financial
"security_title: "Stock Options (Right To Buy)""
exercise price financial
"conversion_or_exercise_price: "0.2127""
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.
vesting financial
"1/3rd of the total number of shares ... shall vest on the one year anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Vesting Commencement Date financial
"the date of issuance, the Vesting Commencement Date, and 1/36th ... will vest each calendar month"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
expiration date financial
"expiration_date: "2036-04-20T00:00:00.000Z""
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Azitra (AZTR) report for its CFO?
Azitra reported that CFO Norm Staskey received a grant of 35,524 stock options. These options give him the right to buy common shares at a fixed price as part of his compensation, rather than reflecting any open-market buying or selling activity.
What are the key terms of Norm Staskey’s Azitra stock option grant?
Norm Staskey was granted 35,524 stock options with an exercise price of $0.2127 per share. The options expire on April 20, 2036, giving him a long window to decide whether to exercise and purchase Azitra common stock at that fixed price.
How do the Azitra (AZTR) CFO’s new stock options vest over time?
The vesting schedule is time-based. One third of the 35,524 options will vest on the one-year anniversary of the grant date, and the remaining two thirds will vest in equal monthly installments over the next two years, aligning with a three-year service period.
Is the Azitra CFO’s Form 4 transaction a market purchase or sale?
The reported Form 4 transaction is a grant of stock options, coded as an award acquisition, not an open-market trade. It reflects compensation granted by the company, with no cash changing hands in the market at the time of the grant itself.
How many Azitra stock options does the CFO hold after this grant?
Following this award, CFO Norm Staskey holds 35,524 stock options directly. Each option corresponds to one share of Azitra common stock, subject to vesting and exercisable at an exercise price of $0.2127 per share before the April 20, 2036 expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
