Cingulate (CING) EVP and CSO Raul Silva receives grant of 3,885 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cingulate Inc. reported that EVP and CSO Raul R. Silva received a grant of stock options as part of his compensation. The award covers options for 3,885 shares of common stock at an exercise price of $5.47 per share, expiring in 2036. These options were granted pursuant to Dr. Silva's employment agreement and increase his potential equity exposure but do not represent an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Silva Raul R.
Role
EVP and CSO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to Buy) | 3,885 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to Buy) — 3,885 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 3,885 options
Exercise price: $5.47 per share
Expiration date: June 30, 2036
+3 more
6 metrics
Options granted
3,885 options
Stock Option (right to buy) grant to EVP and CSO
Exercise price
$5.47 per share
Conversion or exercise price of option grant
Expiration date
June 30, 2036
Option expiration date
Underlying shares
3,885 shares
Common stock underlying the option grant
Holdings after grant
3,885 derivative securities
Total options following this transaction
Transaction code
A
Grant, award, or other acquisition
Key Terms
Stock Option (right to Buy), Common Stock, Employment Agreement, Grant, award, or other acquisition
4 terms
Stock Option (right to Buy) financial
"security_title: "Stock Option (right to Buy)""
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Employment Agreement financial
"The option was granted pursuant to the terms of Dr. Silva's Employment Agreement"
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did Cingulate (CING) EVP Raul R. Silva report in this Form 4?
Raul R. Silva reported receiving a grant of stock options for 3,885 shares. The options give him the right to buy Cingulate common stock as part of his compensation package, rather than reflecting an open-market trade.
What is the exercise price of Raul R. Silva’s Cingulate (CING) stock options?
The stock options have an exercise price of $5.47 per share. This is the fixed price at which Dr. Silva can buy Cingulate common stock if he chooses to exercise the options before they expire.
When do Raul R. Silva’s new Cingulate (CING) stock options expire?
The stock options are scheduled to expire on June 30, 2036. Dr. Silva can choose to exercise them any time before this expiration date, subject to the terms of his employment agreement and the option plan.
Is Raul R. Silva’s Form 4 transaction a market purchase or sale of Cingulate (CING) stock?
The Form 4 reflects a grant of stock options, not a market trade. It records a compensation-related acquisition of derivative securities, rather than an open-market buy or sell of Cingulate common stock.