Crinetics CFO granted options and RSUs
Crinetics Pharmaceuticals Chief Financial Officer Tobin Schilke reported new equity awards.
Rhea-AI Filing Summary
Crinetics Pharmaceuticals Chief Financial Officer Tobin Schilke reported new equity awards. On February 23, 2026, Schilke was granted stock options for 50,000 shares of Crinetics common stock at an exercise price of $0.0000 per share, held as direct ownership.
He also received 32,000 shares of common stock as a grant described in the footnotes as restricted stock units. These units vest 25% annually beginning on March 1, 2027. Following the grant, Schilke directly owned 84,834 shares of common stock, which includes 834 shares acquired under the company’s Employee Stock Purchase Plan.
The stock options vest and become exercisable in 48 equal monthly installments starting from the vesting commencement date of February 23, 2026, spreading the vesting over four years.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 50,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 32,000 | $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 834 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 insider transactions did CRNX CFO Tobin Schilke report?
How many Crinetics (CRNX) stock options were granted to the CFO?
What are the vesting terms of the CRNX restricted stock units granted to the CFO?
Were the CRNX insider awards open-market purchases or equity grants?
What does the Employee Stock Purchase Plan note mean for CRNX CFO ownership?
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