Cingulate Inc. (CING) awards 80,000 stock options to chief medical officer
Rhea-AI Filing Summary
Cingulate Inc. granted stock options to EVP and Chief Medical Officer Matthew Brams on July 16, 2026. He received options to purchase 53,600 and 26,400 shares of common stock at an exercise price of $4.43 per share, expiring on July 16, 2036.
Both option grants vest 25% on March 31, 2027, with the remainder vesting in substantially equal monthly installments over 36 months. The 26,400-share option becomes exercisable only if the issuer’s NDA for CTx-1301 is approved by the FDA during 2027, otherwise the entire option terminates.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brams Matthew
Role
EVP and Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to Buy) F1 | 53,600 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to Buy) F1, F2, F3 | 26,400 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to Buy) — 80,000 shares (Direct)
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
Time-based option grant: 53600 shares
Performance-contingent option grant: 26400 shares
Exercise price: $4.4300 per share
+3 more
6 metrics
Time-based option grant
53600 shares
Stock options to purchase 53,600 shares of common stock granted July 16, 2026
Performance-contingent option grant
26400 shares
Stock options to purchase 26,400 shares of common stock granted July 16, 2026
Exercise price
$4.4300 per share
Exercise price for both option grants to purchase Cingulate common stock
Regulatory approval contingency year
2027
26,400-share option exercisable only if CTx-1301 NDA is approved by FDA during 2027
Option expiration date
2036-07-16
Expiration date for both stock option grants awarded to Matthew Brams
Initial vesting date
March 31, 2027
25% of each option grant vests on March 31, 2027, with remaining monthly over 36 months
Key Terms
stock option, vests, NDA, CTx-1301, +1 more
5 terms
stock option financial
"The option vests as follows: 25% on March 31, 2027 and the remaining shares"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vests financial
"The option vests as follows: 25% on March 31, 2027 and the remaining"
NDA regulatory
"Vested option only becomes exercisable if the Issuer's NDA for CTx-1301 is"
An NDA, or nondisclosure agreement, is a legal contract that keeps certain information private between parties. It’s like a promise not to share sensitive details, helping protect business ideas, strategies, or data from being leaked or used without permission. For investors, NDAs help ensure that confidential information remains secure, enabling trust and open communication during business discussions.
CTx-1301 medical
"Vested option only becomes exercisable if the Issuer's NDA for CTx-1301 is"
exercisable financial
"Vested option only becomes exercisable if the Issuer's NDA for CTx-1301"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Cingulate Inc. (CING) report for Matthew Brams?
Cingulate reported that EVP and Chief Medical Officer Matthew Brams received two stock option grants on July 16, 2026. The grants cover 53,600 and 26,400 shares of common stock at an exercise price of $4.43 per share, expiring July 16, 2036.
What are the vesting terms of the new stock options granted by Cingulate (CING)?
Both option grants to Matthew Brams vest 25% on March 31, 2027. The remaining shares vest in substantially equal monthly installments over the following 36-month period, creating a four-year vesting schedule tied to continued service.
What is the exercise price of the Cingulate (CING) options granted to Matthew Brams?
Each option grant to Matthew Brams carries an exercise price of $4.43 per share. These options give him the right to buy Cingulate common stock at that fixed price until their July 16, 2036 expiration, subject to vesting and other conditions.
Are the new Cingulate (CING) stock option grants to Matthew Brams immediately exercisable?
No, the options are not immediately exercisable. They begin vesting with 25% on March 31, 2027 and then monthly over 36 months. In addition, the 26,400-share grant requires FDA approval of the CTx-1301 NDA in 2027 to become exercisable.