Curis (CRIS) director receives grant of 6,800 non-qualified stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CURIS INC director Kenneth I. Kaitin reported receiving a grant of non-qualified stock options linked to the company’s common stock. The award covers 6,800 options with an exercise price of $5.29 per share, giving the right to acquire 6,800 shares of common stock.
The options vest as to 100% of the underlying shares on July 7, 2027 and carry an expiration date of July 6, 2036. Following this grant, the filing shows 6,800 derivative securities held directly, reflecting a routine compensation-related equity award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KAITIN KENNETH I
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non Qualified Stock Option | 6,800 | $5.29 | $36K |
Holdings After Transaction:
Non Qualified Stock Option — 6,800 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 6,800 options
Exercise price: $5.29 per share
Underlying shares: 6,800 shares
+3 more
6 metrics
Options granted
6,800 options
Non-qualified stock option grant to director
Exercise price
$5.29 per share
Non-qualified stock option strike price
Underlying shares
6,800 shares
Common stock underlying the option grant
Vesting date
July 7, 2027
100% of underlying shares vest on this date
Expiration date
July 6, 2036
Option grant expiration if unexercised
Post-transaction derivatives
6,800 derivative securities
Total options held directly after grant
Key Terms
Non Qualified Stock Option, grant/award acquisition, derivative securities, vests as to 100% of the underlying shares, +1 more
5 terms
Non Qualified Stock Option financial
"security_title: "Non Qualified Stock Option""
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
derivative securities financial
"total_shares_following_transaction shows 6,800 derivative securities held"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
expiration date financial
"expiration_date is listed as 2036-07-06 for the option grant"
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.
FAQ
What insider transaction did CURIS INC (CRIS) report for Kenneth I. Kaitin?
CURIS INC reported that director Kenneth I. Kaitin received a grant of 6,800 non-qualified stock options. These options relate to the company’s common stock and were reported on Form 4 as a compensation-type grant rather than an open-market share purchase or sale.
How many CURIS INC (CRIS) options were granted to Kenneth I. Kaitin and at what price?
Kenneth I. Kaitin was granted 6,800 non-qualified stock options with an exercise price of $5.29 per share. Each option corresponds to one share of CURIS INC common stock, giving him rights to acquire up to 6,800 shares at that fixed exercise price.
When do Kenneth I. Kaitin’s CURIS INC (CRIS) stock options vest and expire?
The stock options granted to Kenneth I. Kaitin vest as to 100% of the underlying shares on July 7, 2027. According to the filing footnote, these non-qualified stock options carry an expiration date of July 6, 2036, if not earlier exercised or forfeited.
Is Kenneth I. Kaitin’s CURIS INC (CRIS) Form 4 transaction a market buy or sell?
The Form 4 describes the transaction as a grant or award acquisition of derivative securities, coded as an “A” transaction. This indicates a compensation-related option grant, not an open-market purchase or sale of CURIS INC common stock by the director.
How many CURIS INC (CRIS) derivative securities does Kenneth I. Kaitin hold after this grant?
After this reported grant, Kenneth I. Kaitin holds 6,800 derivative securities directly, according to the Form 4. These represent the newly granted non-qualified stock options tied to CURIS INC common stock, with no additional derivative positions listed in the derivative summary.