Cingulate Director Receives 15,000 Stock Options at $4.14 Strike Price
Director Peter J. Werth of Cingulate received a stock option grant for 15,000 shares of common stock on June 20, 2025.
Rhea-AI Filing Summary
Director Peter J. Werth of Cingulate received a stock option grant for 15,000 shares of common stock on June 20, 2025. The options were granted with an exercise price of $4.14 per share and will expire on June 20, 2035.
Key terms of the option grant:
- Vesting occurs at the earlier of: one-year anniversary of grant date or the 2026 annual stockholder meeting
- Transaction reported as a Form 4 filing indicating changes in beneficial ownership
- Options were acquired at no cost ($0) as part of director compensation
The filing was signed by Shane J. Schaffer as attorney-in-fact on June 23, 2025. This equity grant appears to be part of standard director compensation arrangements and represents a new beneficial ownership position for the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 15,000 shares
Grant/Award
1 txn
Insider
Werth Peter J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to Buy) | 15,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to Buy) — 15,000 contracts (Direct)
Footnotes (1)
- F1. The option vests on the earlier of (i) the one-year anniversary of the date of grant and (ii) the date of the Cingulate Inc. 2026 annual meeting of stockholders.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock options did Peter J. Werth receive from CINGW on June 20, 2025?
Peter J. Werth received 15,000 stock options with an exercise price of $4.14 per share. These options were granted on June 20, 2025, and will expire on June 20, 2035.
When do Peter Werth's CINGW stock options vest?
The stock options vest on the earlier of two conditions: (1) the one-year anniversary of the grant date (June 20, 2026) or (2) the date of Cingulate Inc.'s 2026 annual meeting of stockholders.
What is Peter J. Werth's role at CINGW?
According to the Form 4 filing, Peter J. Werth serves as a Director of Cingulate Inc. (CING/CINGW), as indicated by the 'X' marked in the Director box under the relationship section.
What was the total value of stock options granted to Peter Werth in this CINGW insider transaction?
The Form 4 shows that Peter Werth received 15,000 stock options at an exercise price of $4.14 per share. The filing indicates the price of the derivative security was $0, meaning these were granted as compensation rather than purchased.
Where is CINGW's Director Peter Werth located?
According to the Form 4 filing, Peter J. Werth's address is listed as 1901 W. 47th Place, Kansas City, KS 66205.
AI-generated analysis. How Rhea-AI works. Not financial advice.