C4 Therapeutics Board Member Receives Million-Dollar Stock Option Package
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
C4 Therapeutics director Kenneth Carl Anderson received a stock option grant on June 18, 2025. The derivative security details include:
- Granted 35,500 stock options to purchase common stock
- Exercise price set at $1.44 per share
- Options expire on June 17, 2035
- Vesting occurs at earlier of June 18, 2026 or next annual stockholder meeting
The grant represents standard director compensation, with vesting contingent on continued board service. The filing was signed by attorney-in-fact Jolie M. Siegel on June 20, 2025. This Form 4 disclosure complies with SEC requirements for reporting changes in beneficial ownership by company insiders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Anderson Kenneth Carl
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 35,500 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 35,500 shares (Direct)
Footnotes (1)
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FAQ
What stock options did C4 Therapeutics (CCCC) director Kenneth Anderson receive on June 18, 2025?
Kenneth Anderson received 35,500 stock options with an exercise price of $1.44 per share. These options were granted on June 18, 2025, and will expire on June 17, 2035.
When do Kenneth Anderson's CCCC stock options vest?
The stock options will vest and become exercisable in full upon the earlier of: (i) June 18, 2026, or (ii) C4 Therapeutics' next annual stockholders meeting, subject to Anderson's continued service as a Board member.
What is the exercise price of CCCC stock options granted to director Anderson in June 2025?
The stock options were granted with an exercise price of $1.44 per share.
How long does Kenneth Anderson have to exercise his CCCC stock options granted in June 2025?
The stock options have a 10-year term, with an expiration date of June 17, 2035.