Design Therapeutics director granted 30,000 options
Design Therapeutics, Inc. director Rodney W. Lappe received a grant of stock options covering 30,000 shares of common stock.
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Rhea-AI Filing Summary
Design Therapeutics, Inc. director Rodney W. Lappe received a grant of stock options covering 30,000 shares of common stock. The options have an exercise price of $10.55 per share and expire on June 8, 2036.
According to the disclosure, these options were awarded as compensation and will vest in equal monthly installments over 12 months following June 9, 2026, and will in any case be fully vested by the company’s next annual stockholder meeting. Following this grant, Lappe holds derivative securities representing 30,000 underlying shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 30,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The shares subject to the option vest in equal monthly installments over 12 months following June 9, 2026 provided that the shares subject to the option will in any case be fully vested on the date of the Company's next annual meeting of stockholders.
Key Figures
Key Terms
Stock Option (right to buy) financial
Grant, award, or other acquisition financial
exercise price financial
Common Stock financial
vest financial
FAQ
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What did DSGN director Rodney W. Lappe receive in this Form 4 filing?
What is the exercise price of the new DSGN stock options?
How do the 30,000 DSGN options granted to Rodney Lappe vest?
When do Rodney Lappe’s newly granted DSGN options expire?
How many DSGN derivative securities does Rodney Lappe hold after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.