CRNX COO awarded stock options and RSUs
Crinetics Pharmaceuticals, Inc. Chief Operating Officer Jeff E. Knight reported receiving new equity awards.
Rhea-AI Filing Summary
Crinetics Pharmaceuticals, Inc. Chief Operating Officer Jeff E. Knight reported receiving new equity awards. He was granted stock options for 55,000 shares of common stock at an exercise price of $0.0000 per share and 34,000 restricted stock units representing common shares.
The RSUs vest with 25% of the award vesting annually beginning on March 1, 2027, providing staggered delivery of common shares over four years. The stock options vest in forty-eight equal monthly installments starting on February 23, 2026, creating a four-year monthly vesting schedule tied to continued service.
After these awards, Knight directly owned 121,929 shares of common stock, which includes 438 shares acquired under the company’s employee stock purchase plan, as well as 55,000 stock options from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 55,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 34,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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 25% vesting annually beginning on March 1, 2027.
- F2. Includes 438 shares acquired under the Issuer's Employee Stock Purchase Plan.
- F3. The stock option shall vest and become exercisable in a series of forty-eight (48) successive equal monthly installments measured from the vesting commencement date of February 23, 2026.
FAQ
What equity awards did CRNX COO Jeff E. Knight receive in this Form 4?
How do Jeff E. Knight’s new restricted stock units in CRNX vest?
What is the vesting schedule for Jeff E. Knight’s 55,000 CRNX stock options?
What was Jeff E. Knight’s CRNX common stock ownership after these awards?
What does the Employee Stock Purchase Plan note mean in the CRNX Form 4?
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