[Form 4] Design Therapeutics, Inc. Insider Trading Activity
Justin D. Gover, a director of Design Therapeutics, Inc. (DSGN), reported two option grants dated 09/09/2025. The filing shows awards of 30,000 and 15,833 stock options with an exercise price of $6.64 each, representing 45,833 underlying shares in total. The reporting form lists these as direct holdings. The filing includes vesting schedules: the 30,000-option award vests in equal monthly installments over 36 months following September 9, 2025, and the 15,833-option award vests in equal monthly installments over 12 months following September 9, 2025. The form was signed on behalf of the reporting person on 09/10/2025.
- Equity-based compensation disclosed showing alignment of the director's incentives with shareholder value through time-based vesting
- Clear vesting schedules (36 months and 12 months) that promote multi-year retention
- None.
Insights
TL;DR: Director received equity compensation totaling 45,833 options at $6.64, with multi-year vesting schedules.
The Form 4 documents routine equity awards to a company director rather than open-market trading or dispositions. The aggregate grant of 45,833 options creates potential future dilution only if exercised; the filing specifies direct ownership and structured vesting (36 months and 12 months), which aligns the director's incentives with multi-year retention. There are no cash proceeds or dispositions reported and no other compensatory details disclosed in this filing.
TL;DR: Grants reflect standard retention-based compensation with defined monthly vesting schedules.
The disclosed awards appear to be time-based stock options issued to a director, with explicit monthly vesting over one and three years respectively. Such vesting schedules are common governance tools to promote continuity of service. The Form 4 does not disclose grant rationale, proportionality to total outstanding equity, or acceleration terms, limiting assessment of material governance implications.