[Form 4] Cogent Biosciences, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cogent Biosciences director Karen Jean Ferrante received a stock option award covering 686 shares of common stock. The options were granted on April 1, 2026 with an exercise price of $35.24 per share and expire on April 1, 2036.
The award was issued as compensation for her services as a non-employee director, where she elected to receive options instead of cash. After this grant, she directly holds options for 686 shares, providing equity-based compensation aligned with the company’s performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ferrante Karen Jean
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 686 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 686 shares (Direct)
Footnotes (1)
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Key Figures
Stock options granted: 686 options
Exercise price: $35.24 per share
Expiration date: April 1, 2036
+1 more
4 metrics
Stock options granted
686 options
Grant to director on April 1, 2026
Exercise price
$35.24 per share
Strike price for option grant
Expiration date
April 1, 2036
Option term for director grant
Options held after transaction
686 options
Total derivative holdings following grant
Key Terms
Stock Option (Right to Buy), non-employee director compensation plan, Black-Scholes value, exercise price
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
non-employee director compensation plan financial
"pursuant to the Issuer's non-employee director compensation plan"
Black-Scholes value financial
"dividing the cash compensation ... by the Black-Scholes value of a single option"
exercise price financial
"conversion_or_exercise_price": "35.2400""
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.
FAQ
What insider transaction did Cogent Biosciences (COGT) report for Karen Jean Ferrante?
Cogent Biosciences reported that director Karen Jean Ferrante received a grant of 686 stock options. These options relate to common stock and were awarded as compensation for her board service under the non-employee director compensation plan.
What are the key terms of Karen Jean Ferrante’s stock options at Cogent Biosciences (COGT)?
Ferrante’s stock option grant covers 686 shares of common stock at an exercise price of $35.24 per share. The options were granted on April 1, 2026 and will expire on April 1, 2036, giving a long-dated incentive horizon.
Why did Cogent Biosciences (COGT) grant stock options instead of cash to its director?
The options were issued because Karen Jean Ferrante elected to take equity in lieu of cash compensation. This election was made under Cogent Biosciences’ non-employee director compensation plan, effectively converting her quarterly cash fees into a stock option award.
How many options does Karen Jean Ferrante hold after this Cogent Biosciences (COGT) Form 4 filing?
Following the reported transaction, Ferrante holds stock options covering 686 shares. This figure matches the size of the new grant, indicating this award represents her reported option position in this filing for Cogent Biosciences.
How was the number of stock options for Cogent Biosciences (COGT) director Karen Jean Ferrante calculated?
The number of options was set by dividing the cash compensation otherwise payable for the quarter by the Black-Scholes value of a single option. That valuation was calculated as of the grant date, April 1, 2026, under the non-employee director plan.