Climb Bio (NASDAQ: CLYM) SVP Finance awarded 100,000 stock options at $3.81
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Climb Bio, Inc. reported that Senior Vice President, Finance Cindy Driscoll received a grant of stock options. On January 6, 2026, she was awarded a stock option to buy 100,000 shares of common stock at an exercise price of $3.81 per share.
According to the grant terms, 25% of the option shares vest on the first anniversary of the grant date, with the remaining 75% vesting in 36 equal monthly installments through January 6, 2030, as long as she continues in service. Following this grant, she beneficially owns 100,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Driscoll Cindy
Role
Senior Vice President, Finance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 100,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 100,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Climb Bio (CLYM) disclose in this Form 4?
The company disclosed that Senior Vice President, Finance Cindy Driscoll received a grant of 100,000 stock options to buy Climb Bio common stock.
What is the exercise price of Cindy Driscoll’s new Climb Bio (CLYM) stock options?
The stock option granted to Cindy Driscoll on January 6, 2026 carries an exercise price of $3.81 per share for Climb Bio common stock.
How many Climb Bio (CLYM) options does Cindy Driscoll own after this transaction?
After the reported grant, Cindy Driscoll beneficially owns 100,000 stock options for Climb Bio common stock, held directly.
What is the vesting schedule for Cindy Driscoll’s Climb Bio (CLYM) stock option grant?
The option vests as follows: 25% of the shares vest on the first anniversary of the January 6, 2026 grant date, and the remaining 75% vest in 36 equal monthly installments through January 6, 2030, subject to her continued service.
When do Cindy Driscoll’s Climb Bio (CLYM) options expire?
The stock option granted to Cindy Driscoll on January 6, 2026 is scheduled to expire on January 5, 2036.
What is Cindy Driscoll’s role at Climb Bio (CLYM)?
Cindy Driscoll is reported as an officer of Climb Bio, serving as Senior Vice President, Finance.