CG Oncology (CGON) grants 9,354-share option vesting monthly
Rhea-AI Filing Summary
CG Oncology, Inc. director James Mulay received a grant of stock options covering 9,354 shares of common stock. These options have an exercise price of $56.09 per share and expire on June 3, 2036.
Following this grant, Mulay holds options for 9,354 shares directly. According to the vesting terms, 1/12 of the options vest monthly after June 4, 2026, with any remaining unvested portion vesting at the next annual stockholder meeting if it occurs before the first anniversary, subject to his continuous service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mulay James
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Option (right to buy) | 9,354 | $0.00 | $0.00 |
Holdings After Transaction:
Director Stock Option (right to buy) — 9,354 shares (Direct)
Footnotes (1)
- F1. 1/12th of the total number of shares of common stock subject to the option vest monthly following June 4, 2026, the date of grant (or, in the event the next annual meeting of the Issuer's stockholders occurs prior to the first anniversary of the date of grant, any remaining unvested portion of this stock option will vest on the date of such annual meeting of the Issuer's stockholders), subject to the Reporting Person's continuous service to the Issuer through each vesting date.
Key Figures
Option grant size: 9,354 shares
Exercise price: $56.09 per share
Total options held after grant: 9,354 options
+2 more
5 metrics
Option grant size
9,354 shares
Director stock option covering common stock
Exercise price
$56.09 per share
Stock option strike price
Total options held after grant
9,354 options
Total derivative holdings reported post-transaction
Option expiration date
June 3, 2036
Final date to exercise options
Vesting commencement
June 4, 2026
Monthly vesting begins after this grant date
Key Terms
Director Stock Option, exercise price, vesting, expiration date, +1 more
5 terms
Director Stock Option financial
"Director Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price": "56.0900""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"1/12th of the total number of shares of common stock subject to the option vest monthly"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date": "2036-06-03T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
AI-generated analysis. How Rhea-AI works. Not financial advice.