C4 Therapeutics Board Member Receives Major Stock Incentive Package
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
C4 Therapeutics director Donna Roy Grogan received a stock option grant on June 18, 2025, as reported in a Form 4 filing. The derivative securities transaction details include:
- 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. This grant represents standard non-employee director compensation. The filing was signed 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
GROGAN DONNA ROY
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 CCCC director Donna Grogan receive in June 2025?
Director Donna Grogan received 35,500 stock options on June 18, 2025, with an exercise price of $1.44 per share. These options expire on June 17, 2035.
When do Donna Grogan'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 Grogan's continued service as a Board member.
What is the exercise price of CCCC stock options granted to Director Grogan?
The stock options were granted with an exercise price of $1.44 per share, allowing the purchase of up to 35,500 shares of C4 Therapeutics common stock.
How long does Director Grogan have to exercise her CCCC stock options?
The stock options have a 10-year term, with an expiration date of June 17, 2035, giving Director Grogan approximately a decade to exercise the options once vested.