CytomX Therapeutics (CTMX) awards 118,000 stock options to board director
Rhea-AI Filing Summary
CytomX Therapeutics director Charles S. Fuchs received a grant of stock options covering 118,000 shares of common stock, with an exercise price of $3.24 per share and an expiration date of July 23, 2036. 1/36th of the shares vest on each monthly anniversary starting July 24, 2026, so all options vest over three years, subject to his continued service.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fuchs Charles S.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1 | 118,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 118,000 shares (Direct)
Footnotes (1)
- F1. 1/36th of the shares subject to the option vest on each monthly anniversary measured from July 24, 2026 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the third anniversary of the Vesting Commencement Date, subject to the Reporting Person's continued service to the Issuer through each such date.
Key Figures
Options granted: 118,000 shares
Exercise price: $3.2400 per share
Expiration date: July 23, 2036
+1 more
4 metrics
Options granted
118,000 shares
Stock options awarded to Charles S. Fuchs on July 24, 2026
Exercise price
$3.2400 per share
Exercise price of the stock option grant
Expiration date
July 23, 2036
Expiration of the reported stock option grant
Vesting period
36 months
1/36th of shares vest monthly from July 24, 2026 until fully vested
Key Terms
Stock Option (Right to Buy), Vesting Commencement Date, exercise price
3 terms
Stock Option (Right to Buy) financial
"Security title reported as Stock Option (Right to Buy)"
Vesting Commencement Date financial
"Measured from July 24, 2026, the Vesting Commencement Date"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
exercise price financial
"Conversion or exercise price of $3.2400 per share"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CTMX director Charles S. Fuchs report?
Charles S. Fuchs reported receiving a stock option grant from CytomX Therapeutics covering 118,000 shares of common stock. The options are a form of director compensation, not a market purchase of existing CTMX shares.
How many CytomX (CTMX) stock options were granted and at what exercise price?
The grant to Charles S. Fuchs covers 118,000 shares of CytomX common stock with an exercise price of $3.24 per share. This price is the cost to acquire each share if and when he exercises the options.
When do the CTMX options granted to Charles S. Fuchs begin vesting and fully vest?
The options begin vesting on July 24, 2026, the vesting commencement date. 1/36th of the shares vest monthly, so the grant becomes fully vested on the third anniversary of that date, assuming he continues serving CytomX.
What is the expiration date of the CytomX (CTMX) stock options granted to Charles S. Fuchs?
The stock options granted to Charles S. Fuchs expire on July 23, 2036. After that date, any unexercised options will lapse and can no longer be used to purchase CytomX common shares.
Is the CTMX insider transaction a market trade or an equity award?
This CTMX insider event is an equity award, not a market trade. It is coded as a grant or award acquisition (transaction code A), reflecting compensation in the form of stock options rather than open-market buying or selling.