[Form 4] Crinetics Pharmaceuticals, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crinetics Pharmaceuticals director Matthew K. Fust received new equity awards as board compensation. He was granted 5,925 restricted stock units representing common shares at no purchase price, increasing his direct holdings to 28,761 common shares after the award.
Fust was also granted stock options for 9,730 shares of common stock at an exercise price of $35.87 per share, expiring on June 18, 2036. Both the restricted stock units and options vest 100% on the earlier of the first anniversary of the June 18, 2026 grant date or the next annual shareholder meeting, subject to his continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fust Matthew K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 9,730 | $0.00 | -- |
| Grant/Award | Common Stock | 5,925 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 9,730 shares (Direct, null);
Common Stock — 28,761 shares (Direct, null)
Footnotes (1)
- The transaction reported on this line involves the receipt of restricted stock units, which represent the right to receive shares of the Issuer's Common Stock, with 100% vesting on the earlier of (a) the first anniversary of the grant date or (b) the next occurring annual meeting of the Issuer's stockholders, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date. The stock option shall vest and become exercisable on the earlier of (a) the first anniversary of the grant date or (b) the next occurring annual meeting of the Issuer's stockholders, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.
Key Figures
RSU grant: 5,925 units
Options granted: 9,730 shares
Option exercise price: $35.87 per share
+2 more
5 metrics
RSU grant
5,925 units
Restricted stock units granted June 18, 2026
Options granted
9,730 shares
Stock options for common stock granted June 18, 2026
Option exercise price
$35.87 per share
Strike price on 9,730 stock options
Shares held after grant
28,761 shares
Total common shares directly held after RSU award
Option expiration
June 18, 2036
Expiration date of granted stock options
Key Terms
restricted stock units, stock option, exercise price, vesting, +1 more
5 terms
restricted stock units financial
"The transaction reported on this line involves the receipt of restricted stock units, which represent the right to receive shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
stock option financial
"The stock option shall vest and become exercisable on the earlier of (a) the first anniversary of the grant date"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
"Stock Option (Right to Buy) ... conversion_or_exercise_price: "35.8700""
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.
vesting financial
"100% vesting on the earlier of (a) the first anniversary of the grant date or (b) the next occurring annual meeting"
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.
annual meeting of the Issuer's stockholders financial
"the next occurring annual meeting of the Issuer's stockholders, subject to the Reporting Person's continued service"
