Envoy Medical (COCH) grants director Chas McKhann 100,000 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Envoy Medical, Inc. director Chas McKhann received a grant of stock options covering 100,000 shares of Class A common stock. The options have an exercise price of $0.72 per share and expire on April 15, 2036.
Beginning May 15, 2026, these options vest pro rata on the 15th of each month over 36 consecutive months. After this grant, McKhann holds stock options for 100,000 underlying shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McKhann Chas
Role
Director
| 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)
- [object Object]
Key Figures
Option grant size: 100,000 options
Exercise price: $0.72 per share
Underlying shares: 100,000 shares
+2 more
5 metrics
Option grant size
100,000 options
Stock Option (Right to Buy) granted to director
Exercise price
$0.72 per share
Conversion or exercise price of stock options
Underlying shares
100,000 shares
Class A Common Stock underlying the options
Expiration date
April 15, 2036
Option expiration for the granted stock options
Vesting schedule length
36 months
Monthly pro rata vesting starting May 15, 2026
Key Terms
Stock Option (Right to Buy), Class A Common Stock, exercise price, vest pro rata, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Class A Common Stock financial
"underlying_security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
exercise price financial
"conversion_or_exercise_price: 0.7200"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest pro rata financial
"options to purchase Class A Common Stock will vest pro rata"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Envoy Medical (COCH) report for Chas McKhann?
Envoy Medical reported that director Chas McKhann received a grant of stock options for 100,000 shares of Class A common stock. These options are a compensation-related award rather than an open-market purchase or sale of existing shares.
What are the key terms of Chas McKhann’s stock options at Envoy Medical (COCH)?
The grant covers 100,000 underlying shares with an exercise price of $0.72 per share and an expiration date of April 15, 2036. These options give McKhann the right to buy Envoy Medical Class A common stock at that fixed price.
How do Chas McKhann’s Envoy Medical (COCH) stock options vest over time?
Vesting begins on May 15, 2026, with options vesting pro rata on the 15th of each month for 36 consecutive months. This schedule gradually makes portions of the 100,000-share grant exercisable over a three-year period.
How many Envoy Medical (COCH) options does Chas McKhann hold after this grant?
After this transaction, McKhann holds stock options covering 100,000 shares of Envoy Medical Class A common stock directly. This figure reflects the total derivative position reported in the filing following the new option award.