Cogent Biosciences (COGT) director Arlene Morris receives grant of 17,901 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cogent Biosciences director Arlene Morris received a stock option grant for 17,901 shares of common stock. The options have an exercise price of $31.98 per share and expire on June 9, 2036, representing compensation rather than an open-market trade.
The option vests in full on the earlier of the first anniversary of the June 9, 2026 grant date or the date of the 2027 Annual Meeting of Stockholders, provided she continues serving the company through that date. After this grant, she directly holds stock options covering 17,901 underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morris Arlene
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 17,901 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 17,901 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 17,901 options
Exercise price: $31.98 per share
Underlying shares: 17,901 shares
+2 more
5 metrics
Options granted
17,901 options
Stock option grant on June 9, 2026
Exercise price
$31.98 per share
Stock option exercise price
Underlying shares
17,901 shares
Common stock underlying the options
Expiration date
June 9, 2036
Option expiration
Post-grant option holdings
17,901 options
Total options directly held after grant
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, Annual Meeting of Stockholders, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 31.9800"
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.
expiration date financial
"expiration_date: 2036-06-09T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Annual Meeting of Stockholders financial
"earlier of the first anniversary of the date of grant or the date of the 2027 Annual Meeting of Stockholders"
vest in full financial
"This stock option shall vest in full upon the earlier of the first anniversary"
FAQ
What did Cogent Biosciences (COGT) director Arlene Morris report on this Form 4?
Arlene Morris reported receiving a grant of stock options for 17,901 shares of Cogent Biosciences common stock. The award is compensation-based, not an open-market purchase or sale, and reflects additional equity incentives tied to her continued board service.
What is the exercise price and expiration date of Arlene Morris’s Cogent Biosciences options?
The stock options have an exercise price of $31.98 per share and expire on June 9, 2036. This gives the director a long-dated right to buy shares at that price once the options are fully vested.
When do the Cogent Biosciences (COGT) options granted to Arlene Morris vest?
The stock options vest in full on the earlier of the first anniversary of the grant date or the 2027 Annual Meeting of Stockholders. Vesting is contingent on Arlene Morris continuing to serve Cogent Biosciences through that vesting date.
Is Arlene Morris buying or selling Cogent Biosciences (COGT) stock in this filing?
This filing reflects a grant of stock options, not a market transaction. Arlene Morris is acquiring options as compensation rather than buying or selling shares on the open market, so there is no immediate trading in Cogent Biosciences stock.