Crinetics (CRNX) director receives RSU and option grants in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crinetics Pharmaceuticals director Vivaldi Coelho Rogerio received equity compensation on June 18, 2026. He was granted 5,925 shares of Common Stock in the form of restricted stock units that vest 100% on the earlier of the first anniversary of the grant date or the next annual stockholder meeting, subject to his continued board service. He also received options for 9,730 shares of Common Stock at an exercise price of $35.87 per share, vesting on the same schedule and expiring on June 18, 2036. Following these grants, he directly holds 22,225 Common Shares and 9,730 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Vivaldi Coelho Rogerio
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 — 22,225 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
Restricted stock units granted: 5,925 shares
Stock options granted: 9,730 options
Option exercise price: $35.87 per share
+3 more
6 metrics
Restricted stock units granted
5,925 shares
Common Stock RSU award on June 18, 2026
Stock options granted
9,730 options
Right to buy Common Stock on June 18, 2026
Option exercise price
$35.87 per share
Conversion or exercise price for new options
Option expiration date
June 18, 2036
Expiration of stock option grant
Common shares after grant
22,225 shares
Total Common Stock directly held post-transaction
Options after grant
9,730 options
Total options directly held post-transaction
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 the first anniversary"
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
"conversion_or_exercise_price: "35.8700" for the Stock Option (Right to Buy)"
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 the first anniversary of the grant date or 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.
expiration date financial
"expiration_date: "2036-06-18T00:00:00.000Z" for the stock 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.
