CG Oncology (CGON) CEO receives 271,600 stock options at $67.68 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CG Oncology, Inc. reported that Chief Executive Officer Arthur Kuan received a grant of employee stock options covering 271,600 shares of common stock. The options have an exercise price of $67.68 per share and expire on April 14, 2036.
According to the award terms, 1/48th of the shares subject to the option vest monthly following April 15, 2026, as long as Kuan continues to provide services to the company through each vesting date. After this grant, he holds 271,600 derivative securities linked to common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kuan Arthur
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 271,600 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 271,600 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Option shares granted: 271,600 options
Exercise price: $67.68 per share
Expiration date: April 14, 2036
+2 more
5 metrics
Option shares granted
271,600 options
Employee stock option grant to CEO on April 15, 2026
Exercise price
$67.68 per share
Strike price for employee stock options
Expiration date
April 14, 2036
Option term endpoint if unexercised
Vesting schedule
1/48 monthly
Monthly vesting following April 15, 2026, subject to service
Derivative holdings after grant
271,600 derivative securities
Total options held following this transaction
Key Terms
Employee Stock Option, exercise price, vesting, derivative securities, +1 more
5 terms
Employee Stock Option financial
"Employee Stock Option (Right to Buy)"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
exercise price financial
"conversion_or_exercise_price": "67.6800""
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
"1/48th of the shares 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.
derivative securities financial
"derivativeTransactionCount": 1"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
expiration date financial
"expiration_date": "2036-04-14T00:00:00.000Z""
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.
FAQ
What insider transaction did CGON CEO Arthur Kuan report on this Form 4?
Arthur Kuan reported receiving an employee stock option grant for 271,600 shares of CG Oncology common stock. The options are a compensation-related award, not an open-market purchase or sale, and give him the right to buy shares at a fixed exercise price if they vest.
What is the exercise price of the CGON stock options granted to the CEO?
The granted options have an exercise price of $67.68 per share. This means Kuan can buy CG Oncology common stock at $67.68 if he exercises the options after they vest, regardless of the market price at that future time.
When do Arthur Kuan’s CGON stock options start vesting and on what schedule?
Vesting begins after April 15, 2026, the vesting commencement date. One forty-eighth of the optioned shares vests each month, so the grant vests gradually over four years, contingent on Kuan’s continuous service to CG Oncology through each monthly vesting date.
When do the CGON stock options granted to the CEO expire if unexercised?
The options expire on April 14, 2036, if not exercised. After that expiration date, Kuan would no longer have the right to purchase CG Oncology common stock under this particular employee stock option grant, even if some portions had vested.