Beta Bionics (BBNX) grants 91,520 stock options to CPO
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Beta Bionics, Inc. reported that Chief Product Officer Mike Mensinger received a grant of employee stock options covering 91,520 shares of common stock. The options have an exercise price of $12.63 per share and expire on February 26, 2036. According to the disclosure, these options vest in 36 equal monthly installments starting on March 1, 2026, meaning the award vests gradually over three years as continued service is provided.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mensinger Mike
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 91,520 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 91,520 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Beta Bionics (BBNX) report for Mike Mensinger?
Beta Bionics reported that Chief Product Officer Mike Mensinger received a grant of 91,520 employee stock options. These options allow him to buy common shares at a fixed price if they vest and are exercised over time.
How many stock options were granted to the Beta Bionics CPO in this Form 4/A?
The Chief Product Officer was granted 91,520 employee stock options. Each option is tied to one share of common stock, giving significant potential equity exposure if the options vest and are exercised in the future.
What is the exercise price of the options granted to the Beta Bionics CPO?
The options have an exercise price of $12.63 per share. This is the price at which the holder can buy common stock if the options vest and are exercised before they expire in 2036.
When do the newly granted Beta Bionics options start vesting and over what period?
The options begin vesting on March 1, 2026, in 36 equal monthly installments. This structure spreads vesting over three years, encouraging continued service during that period for the Chief Product Officer.
When do the stock options granted to the Beta Bionics CPO expire?
The employee stock options expire on February 26, 2036. If they are not exercised by that date, they lapse and can no longer be used to purchase Beta Bionics common stock at the $12.63 exercise price.
Is this Beta Bionics Form 4/A transaction a purchase or a grant of options?
The transaction is a grant of options, classified as a grant, award, or other acquisition. It reflects compensation in the form of stock options rather than an open-market purchase or sale of existing common shares.