Cogent Biosciences (COGT) Director Granted 1,642 Options at $14.13
Cogent Biosciences director Karen Jean Ferrante was granted 1,642 stock options on 10/01/2025 as reported on Form 4.
Rhea-AI Filing Summary
Cogent Biosciences director Karen Jean Ferrante was granted 1,642 stock options on 10/01/2025 as reported on Form 4. The options have an exercise price of $14.13, are exercisable immediately, and expire on 10/01/2035. The filing states the award was issued in lieu of quarterly cash compensation under the company's non-employee director compensation plan, with the option count determined by dividing the cash amount by the Black‑Scholes value of a single option on the grant date. Following the grant, the reporting person beneficially owns 1,642 underlying shares, held directly.
Positive
- Director received 1,642 options exercisable immediately (grant date 10/01/2025)
- Options issued in lieu of cash under the non-employee director compensation plan, showing use of equity to conserve cash
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 1,642 | $0.00 | $0.00 |
Footnotes (1)
- F1. The option award was issued to the Reporting Person, who elected to take shares in lieu of cash compensation for services as a director, pursuant to the Issuer's non-employee director compensation plan. The number of options granted was determined by dividing the cash compensation otherwise payable with respect to the quarter by the Black-Scholes value of a single option calculated as of the date of the grant.
FAQ
What did the Cogent Biosciences (COGT) Form 4 report for Karen Jean Ferrante?
What is the exercise price and term of the options reported on COGT's Form 4?
Are the options exercisable immediately according to the Form 4?
Why were the options granted to the director?
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