C4 Therapeutics Board Member Granted Major Stock Incentive Package
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
C4 Therapeutics Director Utpal Koppikar received a stock option grant on June 18, 2025, as reported in this Form 4 filing. The derivative securities transaction involved:
- Grant of 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 options are subject to continued service as a Board member through the vesting date. This grant appears to be part of the company's director compensation program. The transaction was reported by attorney-in-fact Jolie M. Siegel on June 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Koppikar Utpal
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 Utpal Koppikar receive on June 18, 2025?
Director Utpal Koppikar received 35,500 stock options with an exercise price of $1.44 per share. These options were granted on June 18, 2025, and expire on June 17, 2035.
What are the vesting terms for CCCC director Koppikar's June 2025 stock options?
The stock options will vest and become exercisable in full upon the earlier of: (i) June 18, 2026, or (ii) C4 Therapeutics' next annual meeting of stockholders, subject to Koppikar's continued service as a Board member.
How much did CCCC director Koppikar pay for the stock options granted in June 2025?
According to the Form 4 filing, Utpal Koppikar received the stock options at a price of $0, though they have an exercise price of $1.44 per share if/when exercised.
How many total derivative securities does Utpal Koppikar own in CCCC after the June 2025 grant?
Following the reported transaction, Utpal Koppikar beneficially owns 35,500 derivative securities (stock options) of CCCC directly, as indicated in column 9 of Table II in the Form 4.