CURIS (CRIS) CFO receives 48,285 stock options at $5.29 exercise price
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CURIS INC CFO Diantha Duvall received an employee stock option grant covering 48,285 shares of common stock at an exercise price of $5.29 per share. This is a compensation-related award, not an open-market stock purchase or sale.
The option vests over time, with 25% of the original shares vesting on July 7, 2027, and an additional 6.25% vesting each quarter until July 7, 2030. The option expires on July 6, 2036 if not exercised.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Duvall Diantha
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee stock option (right to buy) | 48,285 | $5.29 | $255K |
Holdings After Transaction:
Employee stock option (right to buy) — 48,285 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 48,285 options
Exercise price: $5.29 per share
Underlying shares: 48,285 shares
+5 more
8 metrics
Option grant size
48,285 options
Employee stock option grant to CFO on July 7, 2026
Exercise price
$5.29 per share
Strike price for newly granted options
Underlying shares
48,285 shares
Common stock covered by the option
Vesting start
25% on July 7, 2027
Initial vesting of the option grant
Ongoing vesting rate
6.25% per quarter
Additional vesting each quarter until July 7, 2030
Final vesting date
July 7, 2030
Date by which the grant is fully vested
Option expiration
July 6, 2036
Expiration date of the stock option
Post-grant derivative holdings
48,285 derivative securities
Total options held following this grant
Key Terms
Employee stock option, vesting, exercise price, Common Stock
4 terms
Employee stock option financial
"Employee stock option (right to buy)"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
vesting financial
"vests as to 25% of the original shares on July 7, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"transaction_price_per_share: 5.2900; conversion_or_exercise_price: 5.2900"
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.
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CURIS INC (CRIS) report for CFO Diantha Duvall?
CURIS INC reported that CFO Diantha Duvall received an employee stock option grant for 48,285 shares. This grant is part of her compensation and does not involve buying or selling shares in the open market.
What is the exercise price of the CURIS INC (CRIS) options granted to the CFO?
The options granted to CURIS INC CFO Diantha Duvall have an exercise price of $5.29 per share. This is the price she would pay per share if she exercises the options after they vest.
When do CFO Diantha Duvall’s CURIS INC (CRIS) options start vesting and when are they fully vested?
The option grant vests 25% of the original shares on July 7, 2027, then 6.25% each quarter until July 7, 2030. This creates a multi-year vesting schedule tied to her continued service.
When do the newly granted CURIS INC (CRIS) options to the CFO expire?
The options granted to CURIS INC CFO Diantha Duvall expire on July 6, 2036. After that expiration date, any unexercised options become worthless and can no longer be used to purchase shares.
Does the Form 4 for CURIS INC (CRIS) show any stock sales by the CFO?
The Form 4 shows only a grant of employee stock options to CFO Diantha Duvall. It does not report any open-market purchases or sales of CURIS INC common stock by her in this filing.