CG Oncology (NASDAQ: CGON) director receives 9,354-share stock option grant
Rhea-AI Filing Summary
CG Oncology director Christina Rossi received a stock option grant covering 9,354 shares of common stock. The option has an exercise price of $56.09 per share and expires on June 3, 2036. Vesting occurs in 12 equal monthly installments after June 4, 2026, with any remaining unvested portion vesting at the next annual stockholder meeting if it occurs within the first year, subject to her continued service.
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Insights
Routine director option grant with time-based vesting.
This Form 4 shows director Christina Rossi receiving an option to buy 9,354 shares of CG Oncology, Inc. common stock at an exercise price of $56.09 per share, expiring on June 3, 2036.
The grant is standard, time-based equity compensation: 1/12 of the option vests monthly following the June 4, 2026 grant date, with a potential acceleration at the next annual stockholder meeting. Vesting requires continuous service as a director.
Because this is a compensation award rather than an open-market purchase or sale, it typically has limited signaling value about near-term views on the stock. It does, however, increase Rossi’s long-term equity exposure to company performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Option (right to buy) | 9,354 | $0.00 | $0.00 |
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
Key Terms
Director Stock Option (right to buy) financial
exercise price financial
vesting financial
expiration date financial
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