Crinetics director granted RSUs and stock options
Crinetics Pharmaceuticals director Stephanie Okey received new equity awards as board compensation.
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Rhea-AI Filing Summary
Crinetics Pharmaceuticals director Stephanie Okey received new equity awards as board compensation. She was granted 5,925 restricted stock units representing future common shares and a stock option for 9,730 shares at an exercise price of $35.87 per share. The restricted stock units and option vest 100% on the earlier of the first anniversary of the grant date or the next annual stockholder meeting, contingent on her continued board service. Following the grant, she holds 12,325 shares of common stock directly.
Insights
Routine director equity grants add exposure but are not a trading signal.
Crinetics Pharmaceuticals granted director Stephanie Okey 5,925 restricted stock units and options on 9,730 shares at an exercise price of $35.87. These awards are standard board compensation rather than open-market buying.
The awards vest in full on the earlier of the first grant anniversary or the next annual stockholder meeting, subject to continued board service. Because they are compensation grants with no cash outlay and no immediate sale, they carry limited information about short-term expectations.
After the grant, Okey directly holds 12,325 common shares and has the newly awarded options outstanding until their expiration in 2036. Future company filings may detail any exercises or sales if and when they occur.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 9,730 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 5,925 | $0.00 | $0.00 |
Footnotes (2)
- 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 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.
- F2. 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
Key Terms
restricted stock units financial
stock option financial
exercise price financial
vesting financial
annual meeting of the Issuer's stockholders financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Stephanie Okey receive from Crinetics Pharmaceuticals (CRNX)?
How do the new restricted stock units for CRNX director Stephanie Okey vest?
What are the key terms of Stephanie Okey’s new Crinetics stock options?
Is Stephanie Okey’s Form 4 transaction in CRNX an open-market purchase or sale?
When will Stephanie Okey’s new Crinetics equity awards fully vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.