CalciMedica CEO gets options covering 360K shares

The options vest in equal monthly installments over four years, beginning September 24, 2026, and expire September 23, 2036.

Rhea-AI Filing Summary

A. Rachel Leheny, CalciMedica's chief executive officer, received an award of options covering 360,000 shares on September 24, 2026, with an exercise price of $1.74 per share. The options vest in equal monthly installments of 1/48th beginning September 24, 2026, over a four-year period, and expire September 23, 2036.

Insider Trade Summary

Grant/Award: 360,000 shares

Grant/Award 1 txn

Insider Leheny A. Rachel

Role CHIEF EXECUTIVE OFFICER

Type	Security	Shares	Price	Value
Grant/Award	Employee Stock Option (Right to Buy) F1	360,000	$0.00	$0.00

Holdings After Transaction: Employee Stock Option (Right to Buy) — 360,000 contracts (Direct)

Footnotes (1)

1. F1. Beginning September 24, 2026, 1/48th of the shares subject to the option shall vest in equal monthly installments over a four year period.

Key Figures

Shares covered by option award: 360,000 shares Exercise price: $1.74 per share Monthly vesting: 1/48th of the shares +1 more

4 metrics

Shares covered by option award 360,000 shares Awarded September 24, 2026

Exercise price $1.74 per share Option award

Monthly vesting 1/48th of the shares Equal monthly installments beginning September 24, 2026, over a four-year period

Expiration date September 23, 2036 Option award

Key Terms

Employee Stock Option (Right to Buy), vest, exercise price

3 terms

Employee Stock Option (Right to Buy) financial

"Employee Stock Option (Right to Buy)"

vest financial

"1/48th of the shares subject to the option shall vest"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

exercise price financial

"exercise price of $1.74 per share"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares does A. Rachel Leheny's CALC option award cover?

A. Rachel Leheny, CalciMedica's chief executive officer, received an employee stock option award covering 360,000 shares of common stock on September 24, 2026, with an exercise price of $1.74 per share.

When do A. Rachel Leheny's CALC options vest and expire?

The options vest in equal monthly installments of 1/48th, beginning September 24, 2026, over a four-year period. They expire September 23, 2036.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/28/2026 - 04:25 PM Accepted by SEC EDGAR 09/28/2026 - 04:24 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Leheny A. Rachel

(Last) (First) (Middle)

C/O CALCIMEDICA, INC.

505 COAST BLVD. S. #307

(Street)

LA JOLLA CALIFORNIA 92037

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CalciMedica, Inc. [ CALC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF EXECUTIVE OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$1.74	09/24/2026		A		360,000		(1)	09/23/2036	Common Stock	360,000	$0	360,000	D

Explanation of Responses:

1. Beginning September 24, 2026, 1/48th of the shares subject to the option shall vest in equal monthly installments over a four year period.

	/s/ John Dunn, Attorney-in-Fact	09/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)