Cidara Therapeutics (CDTX) insider reports option exercises, share sale
Rhea-AI Filing Summary
Cidara Therapeutics reported insider stock transactions by its COO & CLO. On December 10, 2025, 15,041 common shares were withheld to cover taxes on restricted stock unit vesting at $219.6 per share. The officer exercised employee stock options to purchase 3,500 shares at $16.654 and 6,459 shares at $20.2, and sold 9,959 shares at $220.077 per share. Following these transactions, the officer directly owned 25,033 common shares, including 400 acquired through the employee stock purchase plan, and held 6,207 stock options, with all share amounts adjusted for a 1-for-20 reverse stock split effective April 24, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 3,500 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 6,459 | $0.00 | -- |
| Tax Withholding | Common Stock | 15,041 | $219.60 | $3.30M |
| Exercise | Common Stock | 3,500 | $16.654 | $58K |
| Exercise | Common Stock | 6,459 | $20.20 | $130K |
| Sale | Common Stock | 9,959 | $220.077 | $2.19M |
Footnotes (1)
- Shares withheld for taxes on RSU vesting. Includes 400 shares acquired pursuant to the Issuer's Employee Stock Purchase Plan (ESPP), representing 200 shares purchased on each of the following dates: May 20, 2025; and November 20, 2025. The option shall vest and become exercisable in a series of thirty-six (36) successive equal monthly installments measured from the Vesting Commencement Date of March 31, 2022. The number of securities reported herein have been adjusted to reflect the 1-for-20 reverse stock split effected by the Issuer on April 24, 2024. The option shall vest and become exercisable in a series of thirty-six (36) successive equal monthly installments measured from the Vesting Commencement Date of March 27, 2023.
FAQ
What insider stock transactions did Cidara Therapeutics (CDTX) disclose in this filing?
The filing shows the COO & CLO had 15,041 shares withheld to cover taxes on RSU vesting, exercised options for 3,500 and 6,459 shares, and sold 9,959 common shares at $220.077 per share.
What stock options were exercised in the Cidara Therapeutics (CDTX) Form 4?
The officer exercised employee stock options to buy 3,500 shares of common stock at an exercise price of $16.654 and 6,459 shares at $20.2 per share.
How many stock options does the Cidara Therapeutics COO & CLO hold after the Form 4 transactions?
Following the reported option exercises, the officer held 6,207 employee stock options, as disclosed in the derivative securities table.
What does the Cidara Therapeutics filing say about its reverse stock split?
The filing notes that the reported security amounts were adjusted to reflect a 1-for-20 reverse stock split effected on April 24, 2024.