C4 Therapeutics (CCCC) director receives grant of 62,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
C4 Therapeutics director Donna Roy Grogan received a new stock option grant. She was awarded options covering 62,000 shares of Common Stock at an exercise price of $4.25 per share. These options are a compensation-related award, not an open-market stock purchase or sale.
The option will vest and become fully exercisable on the earlier of June 24, 2027 or the company’s next annual meeting of stockholders, provided she continues serving on the Board through that date. Following this grant, her reported holdings in this option award total 62,000 derivative securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GROGAN DONNA ROY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 62,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 62,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 62,000 options
Exercise price: $4.25 per share
Underlying shares: 62,000 shares
+3 more
6 metrics
Option grant size
62,000 options
Stock Option (Right to Buy) granted to director
Exercise price
$4.25 per share
Conversion or exercise price of option
Underlying shares
62,000 shares
Common Stock underlying the option
Expiration date
June 23, 2036
Option expiration date
Post-transaction holdings in this award
62,000 derivative securities
Total options following the grant
Vesting date trigger
June 24, 2027
Earlier of this date or next annual meeting, subject to service
Key Terms
Stock Option (Right to Buy), Common Stock, Grant, award, or other acquisition, annual meeting of the Issuer's stockholders, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
annual meeting of the Issuer's stockholders financial
"earlier to occur of June 24, 2027 and the next annual meeting of the Issuer's stockholders"
Board financial
"subject to the recipient's continued service as a member of the Board"
A board is a group of elected people who oversee a company’s direction and management, like a steering committee that hires and evaluates the CEO, approves major deals, and sets broad policies. Investors care because the board’s decisions and oversight shape strategy, risk, dividend and takeover decisions, and legal protections for shareholders—so a strong, independent board can increase the chances of steady returns and protect against mismanagement.
FAQ
What did C4 Therapeutics (CCCC) director Donna Roy Grogan report in this Form 4?
Donna Roy Grogan reported receiving a stock option grant for 62,000 shares of C4 Therapeutics Common Stock. The options are a compensation-related award, not a market trade, and give her the right to buy shares at a fixed exercise price.
What is the exercise price and expiration for Donna Roy Grogan’s C4 Therapeutics options?
The stock options have an exercise price of $4.25 per share and an expiration date of June 23, 2036. This means she may buy shares at $4.25 any time after vesting until that expiration date.
When do Donna Roy Grogan’s C4 Therapeutics (CCCC) options vest?
The options vest and become exercisable in full on the earlier of June 24, 2027 or the next annual meeting of C4 Therapeutics stockholders. Vesting is contingent on her continued service on the Board through the applicable date.
Is this C4 Therapeutics Form 4 a stock purchase or sale in the market?
No, this Form 4 reports a grant of stock options as compensation, not a market purchase or sale. The transaction is coded as a grant/award acquisition of derivative securities rather than an open-market trade in C4 Therapeutics shares.