Boundless Bio (BOLD) hands director 32,000-share option grant
Rhea-AI Filing Summary
Boundless Bio director James Christensen received a grant of stock options, giving him the right to buy 32,000 shares of Common Stock. The options have an exercise price of $1.4000 per share and expire on June 14, 2036.
The award vests in substantially equal monthly installments over the 12 months following June 15, 2026, or earlier on the date of the next annual stockholder meeting if that occurs before June 15, 2027, as long as he continues serving on the board of directors.
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Insights
Routine director option grant with time-based vesting and long-dated expiry.
Director James Christensen received stock options for 32,000 shares of Boundless Bio, Inc. at an exercise price of $1.4000 per share. This is a typical equity compensation award structured as a right to buy common stock in the future.
The options vest in equal monthly installments over the 12 months after June 15, 2026, or fully on the next annual meeting date before June 15, 2027, contingent on continued board service. The options expire on June 14, 2036, giving a long window to exercise.
This filing reports one acquisition-type derivative transaction with 32,000 options outstanding following the grant and no concurrent sales or exercises. It represents routine governance-driven compensation rather than a discretionary market trade, so the directional signal for the stock is limited.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 32,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The stock option shall vest in substantially equal monthly installments over the 12 months following June 15, 2026 (or, in the event the next annual meeting of the issuer's stockholders occurs prior to June 15, 2027, any remaining unvested portion of the stock option will vest on the date of such annual meeting), subject to the reporting person's continuing service on the issuer's board of directors through such vesting date.
Key Figures
Key Terms
Stock Option (right to buy) financial
vesting financial
annual meeting financial
board of directors financial
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