Cue Biopharma (CUE) SVP and counsel receives 200,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cue Biopharma, Inc. reported that SVP and General Counsel Colin Sandercock received a grant of stock options on Common Stock. The award covers 200,000 stock options with an exercise price of $0.29 per share and an expiration date of April 8, 2036.
These options vest over four years, with 25% vesting on the one-year anniversary of the grant date and the remaining options vesting in equal semi-annual installments thereafter. Following this grant, Sandercock holds 200,000 stock options directly, reflecting a routine compensation-related equity award rather than an open-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sandercock Colin
Role
SVP, GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 200,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 200,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Stock options granted: 200,000 options
Exercise price: $0.29 per share
Expiration date: April 8, 2036
+2 more
5 metrics
Stock options granted
200,000 options
Grant to SVP and General Counsel on April 9, 2026
Exercise price
$0.29 per share
Exercise price for granted stock options
Expiration date
April 8, 2036
Expiration for 200,000 stock options
Underlying shares
200,000 shares
Common Stock underlying the granted options
Total options held after grant
200,000 options
Directly held by Colin Sandercock following this transaction
Key Terms
Stock Option (right to buy), exercise price, vests over four years, semi-annual installments, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
exercise price financial
"conversion_or_exercise_price: "0.2900""
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.
vests over four years financial
"This stock option becomes exercisable over four years"
A grant that "vests over four years" is a promise that ownership of awarded company shares or options becomes permanent in small portions over a four-year period instead of all at once. Think of it like earning a four-year subscription one month at a time: the recipient gains the right to a bit more stock as time passes, which matters to investors because it affects when employees can sell shares, how quickly ownership shifts, and the timing of potential dilution or insider selling.
semi-annual installments financial
"the remainder vesting in equal, semi-annual installments thereafter"
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did Cue Biopharma (CUE) disclose in this Form 4 filing?
Cue Biopharma disclosed that SVP and General Counsel Colin Sandercock received a grant of stock options. The award covers 200,000 options on Common Stock as part of equity compensation, rather than an open-market stock purchase or sale.
How many Cue Biopharma (CUE) stock options were granted to Colin Sandercock?
Colin Sandercock was granted 200,000 stock options on Cue Biopharma Common Stock. These options represent a compensation award and give him the right to buy shares at a fixed price if and when they vest and are exercised.
What is the exercise price of the new Cue Biopharma (CUE) stock options?
The newly granted stock options have an exercise price of $0.29 per share. This means Sandercock can purchase Cue Biopharma Common Stock at $0.29 per share once the options vest and he chooses to exercise them before expiration.
When do the Cue Biopharma (CUE) stock options granted to Sandercock vest?
The options vest over four years. 25% of the award vests on the one-year anniversary of the grant date, and the remaining 75% vests in equal semi-annual installments, aligning vesting with longer-term employment and performance.
What is the expiration date of Colin Sandercock’s Cue Biopharma (CUE) stock options?
The granted stock options expire on April 8, 2036. If the options are not exercised by that date, they will lapse, and Sandercock will no longer have the right to purchase shares at the $0.29 exercise price.
Is this Cue Biopharma (CUE) Form 4 filing an open-market stock purchase or sale?
No. The filing reflects a grant of stock options as compensation, coded as an acquisition (A). It does not involve Sandercock buying or selling Cue Biopharma shares in the open market, but receiving rights to buy stock in the future.