Cingulate (CING) EVP receives 3,422-share stock option award
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 covering 3,422 shares of common stock. The options have an exercise price of $6.21 per share, were granted at no purchase cost, and expire on March 31, 2036. The award was made pursuant to Dr. Silva's Employment Agreement, as amended, and reflects equity-based compensation rather than an open-market share 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) | 3,422 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to Buy) — 3.422 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 3,422 options
Underlying shares: 3,422 shares
Exercise price: $6.21 per share
+3 more
6 metrics
Option grant size
3,422 options
Stock Option (right to Buy) granted to Raul R. Silva
Underlying shares
3,422 shares
Common Stock underlying the option award
Exercise price
$6.21 per share
Option exercise price for Cingulate common stock
Expiration date
March 31, 2036
Option expiration for Raul R. Silva’s grant
Grant date
March 31, 2026
Transaction date of the stock option award
Shares after transaction (derivative)
3.4220
Total derivative shares following transaction, as reported
Key Terms
Stock Option (right to Buy), Grant, award, or other acquisition, underlying security, Employment Agreement
4 terms
Stock Option (right to Buy) financial
"security_title: "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""
Employment Agreement financial
"The option was granted pursuant to the terms of Dr. Silva's Employment Agreement, as amended."
FAQ
What insider transaction did Cingulate (CING) report for Raul R. Silva?
Cingulate reported that EVP and CSO Raul R. Silva received a stock option grant for 3,422 shares. The derivative award gives him the right to buy common stock at a fixed exercise price as part of his compensation package.
What is the exercise price of Raul R. Silva’s Cingulate (CING) stock options?
The stock options granted to Raul R. Silva have an exercise price of $6.21 per share. This means he can purchase Cingulate common stock at $6.21 per share upon exercising the options, regardless of the future market trading price.
When do Raul R. Silva’s Cingulate (CING) stock options expire?
Raul R. Silva’s stock options expire on March 31, 2036. After that expiration date, any unexercised options will lapse and can no longer be used to purchase Cingulate common shares at the stated exercise price.
How were Raul R. Silva’s new Cingulate (CING) options authorized?
The filing notes that the option was granted pursuant to the terms of Dr. Silva’s Employment Agreement, as amended. This ties the equity award to his existing contractual compensation arrangements with Cingulate rather than a separate negotiated transaction.