CG Oncology (NASDAQ: CGON) director receives grant of 9,354 stock options at $56.09
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CG Oncology director Susan E. Graf received a grant of stock options covering 9,354 shares of common stock. The options have an exercise price of $56.09 per share and expire on June 3, 2036. They vest in 12 equal monthly installments beginning after June 4, 2026, subject to her continuous service, with any remaining unvested portion vesting at the next annual stockholder meeting if that occurs within a year. Following this grant, she holds 9,354 director stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Graf Susan E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Option (right to buy) | 9,354 | $0.00 | -- |
Holdings After Transaction:
Director Stock Option (right to buy) — 9,354 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 9,354 options
Exercise price: $56.09 per share
Expiration date: June 3, 2036
+2 more
5 metrics
Option grant size
9,354 options
Director stock option grant on June 4, 2026
Exercise price
$56.09 per share
Conversion/exercise price of director stock option
Expiration date
June 3, 2036
Option expiration for director stock option grant
Underlying shares
9,354 shares
Common stock underlying the director stock option
Post-transaction derivative holdings
9,354 options
Total director stock options held after the grant
Key Terms
Director Stock Option (right to buy), Grant, award, or other acquisition, underlying security, vesting, +1 more
5 terms
Director Stock Option (right to buy) financial
"security_title: Director Stock Option (right to buy)"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
underlying security financial
"underlying_security_title: Common Stock"
vesting financial
"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.
continuous service financial
"subject to the Reporting Person's continuous service to the Issuer"
FAQ
What did CG Oncology (CGON) director Susan E. Graf report in this Form 4?
Susan E. Graf reported receiving a grant of stock options for 9,354 CG Oncology common shares. These director options were awarded at a $56.09 exercise price and represent a compensation-related acquisition rather than an open-market purchase or sale of existing shares.
What is the exercise price and expiration date of Susan E. Graf’s CGON stock options?
The options have an exercise price of $56.09 per share and expire on June 3, 2036. This means Graf may choose to buy CG Oncology common shares at $56.09 any time before that expiration date, once the options are vested.
How do Susan E. Graf’s CG Oncology (CGON) options vest over time?
One-twelfth of the total shares under the option vest monthly after June 4, 2026, the grant date. If CG Oncology’s next annual stockholder meeting occurs before the first anniversary, any remaining unvested portion fully vests on that meeting date, subject to her continuous service.
Is Susan E. Graf’s Form 4 transaction a market buy or sell of CGON stock?
The Form 4 shows a grant of director stock options, not an open-market trade. The transaction code is “A”, indicating a grant or award acquisition of derivative securities as compensation, with no reported market purchase or sale of CG Oncology common shares.
How many CG Oncology (CGON) options does Susan E. Graf hold after this grant?
After this reported transaction, Susan E. Graf holds 9,354 director stock options directly. This total reflects the newly granted options and represents her current derivative position from this grant as disclosed in the filing’s post-transaction holdings field.