Bionano Genomics (NASDAQ: BNGO) awards CSO 54,000 options vesting from 2027
Rhea-AI Filing Summary
Bionano Genomics, Inc. reported an equity award to Chief Scientific Officer Alex Reid Hastie of a stock option covering 54,000 shares of common stock at an exercise price of $1.12 per share, expiring August 2, 2036. Twenty-five percent vests August 2, 2027, with the balance vesting in 36 monthly installments, and the report replaces an earlier erroneous initial ownership statement filed August 5, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hastie Alex Reid
Role
Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1, F2 | 54,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 54,000 shares (Direct)
Footnotes (2)
- F1. 25% of the shares subject to the option shall vest and become exercisable on August 2, 2027, and the remaining shares shall vest in a series of 36 successive equal monthly installments measured from August 2, 2027, subject to the Reporting Person's Continuous Service (as defined in the Company's 2018 Plan) through each such applicable vesting date.
- F2. The initial Form 3 filed on August 5, 2026 was erroneously filed. This Form 4 replaces the Form 3 filed.
Key Figures
Stock options granted: 54,000 shares
Exercise price: $1.12 per share
Option expiration: August 2, 2036
+4 more
7 metrics
Stock options granted
54,000 shares
Stock option award to CSO Alex Reid Hastie on August 3, 2026
Exercise price
$1.12 per share
Conversion or exercise price of the reported stock option
Option expiration
August 2, 2036
Expiration date of the stock option award
Initial vesting portion
25% of shares
Portion that vests and becomes exercisable on August 2, 2027
Remaining vesting schedule
36 monthly installments
Equal monthly vesting installments measured from August 2, 2027
Options held after grant
54,000 shares
Total derivative securities following the reported transaction
Prior ownership statement date
August 5, 2026
Earlier initial ownership statement that this report replaces
Key Terms
Stock Option (Right to Buy), Continuous Service, 2018 Plan, vesting
4 terms
Stock Option (Right to Buy) financial
"security title listed as "Stock Option (Right to Buy)""
Continuous Service financial
"subject to the Reporting Person's Continuous Service through each applicable vesting date"
2018 Plan financial
"as defined in the Company's 2018 Plan"
vesting financial
"the remaining shares shall vest in a series of 36 successive equal monthly installments"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Bionano Genomics (BNGO) grant to its Chief Scientific Officer?
Bionano Genomics granted CSO Alex Reid Hastie a stock option for 54,000 shares of common stock. The option has an exercise price of $1.12 per share, giving him the right to buy shares at that price before the option expires in 2036.
When does the new stock option granted by Bionano Genomics (BNGO) to its CSO expire?
The granted stock option expires on August 2, 2036. After this expiration date, any unexercised portion of the 54,000-share option will lapse, and Alex Reid Hastie will no longer be able to purchase shares under this award.
What prior ownership report does this BNGO insider transaction replace?
The report states that it replaces an initial ownership statement filed August 5, 2026 that was erroneous. This new disclosure is intended to supersede that earlier filing and present the correct stock option information for Alex Reid Hastie.
Was the BNGO CSO’s stock option grant made under a Rule 10b5-1 trading plan?
The disclosure indicates the Rule 10b5-1 checkbox is not marked as affirmative. This means the reported stock option award was not designated as being made pursuant to a Rule 10b5-1 pre-arranged trading plan.
How many derivative securities does the BNGO CSO hold after this option grant?
Following this transaction, Alex Reid Hastie is reported as holding 54,000 stock options directly. These options are all from the newly granted award, with vesting spread between 2027 and subsequent monthly installments over three years.