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City Therapeutics director holds 59,878-share option

The underlying shares vest in 48 equal monthly installments following September 29, 2024, subject to Barry E. Greene’s continued service on each vesting date.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
3

Rhea-AI Filing Summary

City Therapeutics, Inc. (CTY) director Barry E. Greene reports a directly held stock option, a right to buy 59,878 shares of common stock, with an exercise price of $0.9200 per share and an expiration date of September 28, 2034. The reported position is an option holding, not an option exercise.

Insider Greene Barry E
Role Director
Type Security Shares Price Value
holding Stock Option (Right to Buy) F1 -- -- --
Holdings After Transaction: Stock Option (Right to Buy) — 59,878 contracts (Direct)
Footnotes (1)
  1. F1. The shares underlying this option vest in 48 equal monthly installments following September 29, 2024, subject to the Reporting Person's continued service on each such vesting date.
Underlying common shares 59,878 shares Shares underlying Barry E. Greene’s directly held option
Exercise price $0.9200 per share Stock option
Expiration date September 28, 2034 Stock option
Vesting schedule 48 equal monthly installments Following September 29, 2024, subject to continued service on each vesting date
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"
exercise price financial
"exercise price of $0.9200"
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.
vest financial
"shares underlying this option vest in 48 equal monthly installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares does CTY director Barry E. Greene’s option cover?

Barry E. Greene’s directly held option covers 59,878 shares of common stock. It has an exercise price of $0.9200 per share and expires on September 28, 2034.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Greene Barry E

(Last)(First)(Middle)
399 BINNEY STREET

(Street)
CAMBRIDGE MASSACHUSETTS 02142

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
10/15/2026
3. Issuer Name and Ticker or Trading Symbol
CITY THERAPEUTICS, INC. [ CTY ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) (1)09/28/2034Common Stock59,878$0.92D
Explanation of Responses:
1. The shares underlying this option vest in 48 equal monthly installments following September 29, 2024, subject to the Reporting Person's continued service on each such vesting date.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Mary Beth DeLena, Attorney-in-Fact10/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

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