Cingulate grants 60,000 options to its CFO
Cingulate EVP and CFO Jennifer L. Callahan received two grants totaling 60,000 stock options on July 16, 2026, each with an exercise price of $4.4300 per share and expiring July 16, 2036.
Rhea-AI Filing Summary
Cingulate EVP and CFO Jennifer L. Callahan received two grants totaling 60,000 stock options on July 16, 2026, each with an exercise price of $4.4300 per share and expiring July 16, 2036.
For both grants, 25% vests on March 31, 2027, with the remainder vesting in substantially equal monthly installments over the following 36 months. For 19,800 options, vested options become exercisable only if the NDA for CTx-1301 is approved by the FDA during 2027; if that approval is not obtained in 2027, this grant, including any vested portion, terminates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to Buy) F1 | 40,200 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to Buy) F1, F2, F3 | 19,800 | $0.00 | $0.00 |
Footnotes (3)
- F1. The option vests as follows: 25% on March 31, 2027 and the remaining shares in substantially equal monthly installments over the 36-month period following the initial vesting date.
- F2. Vested option only becomes exercisable if the Issuer's NDA for CTx-1301 is approved by the FDA during 2027.
- F3. If the Issuer's NDA for CTx-1301 is not approved by the FDA during 2027, the option, including any vested portion, shall terminate.
Key Figures
Key Terms
Stock Option (right to Buy) financial
NDA regulatory
CTx-1301 medical
vests financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cingulate (CING) report for Jennifer L. Callahan?
How many stock options were granted to the Cingulate (CING) CFO and on what terms?
What is the vesting schedule for the new Cingulate (CING) stock options?
How is FDA approval of CTx-1301 linked to the Cingulate (CING) option grant?
Are the Cingulate (CING) CFO’s new option grants immediately exercisable?
AI-generated analysis. How Rhea-AI works. Not financial advice.