Director at Design Therapeutics (DSGN) awarded 30,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Design Therapeutics, Inc. director Heather A. Berger received a grant of stock options covering 30,000 shares of Common Stock at an exercise price of $10.55 per share. These options now represent 30,000 derivative securities held directly after the transaction.
The options vest in equal monthly installments over 12 months following June 9, 2026, and will in any case be fully vested by the date of the company’s next annual meeting of stockholders, aligning vesting with ongoing board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Berger Heather A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 30,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 30,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock options granted: 30,000 shares
Exercise price: $10.55 per share
Post-transaction derivative holdings: 30,000 options
+2 more
5 metrics
Stock options granted
30,000 shares
Grant to director Heather A. Berger
Exercise price
$10.55 per share
Stock option strike price
Post-transaction derivative holdings
30,000 options
Total derivative securities after grant
Option expiration date
June 8, 2036
Option term end date
Vesting schedule
12 monthly installments
Over 12 months following June 9, 2026
Key Terms
Stock Option (right to buy), Common Stock, Vesting in equal monthly installments, Annual meeting of stockholders
4 terms
Stock Option (right to buy) financial
"security_title is reported as Stock Option (right to buy) for the director"
Common Stock financial
"Each option is exercisable into shares of Common Stock of the issuer"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Vesting in equal monthly installments financial
"The shares subject to the option vest in equal monthly installments over 12 months"
Annual meeting of stockholders financial
"Options will in any case be fully vested on the date of the Company’s next annual meeting of stockholders"
FAQ
What did Heather A. Berger report in this Design Therapeutics (DSGN) Form 4?
Heather A. Berger reported receiving a grant of stock options for 30,000 shares of Design Therapeutics common stock. The options were awarded at a $10.55 exercise price and represent compensation for her role as a director.
What is the exercise price of Heather A. Berger’s Design Therapeutics (DSGN) options?
The stock options were granted with an exercise price of $10.55 per share. This means Berger can buy up to 30,000 shares of Design Therapeutics common stock at $10.55 once the options vest and are exercised.
How do the Design Therapeutics (DSGN) director’s options vest over time?
The options vest in equal monthly installments over 12 months following June 9, 2026. However, they will in any case be fully vested on the date of Design Therapeutics’ next annual meeting of stockholders, whichever occurs first.
How many Design Therapeutics (DSGN) derivative securities does Heather A. Berger hold after this grant?
Following the reported transaction, Heather A. Berger holds stock options representing 30,000 derivative securities. These options each relate to one share of Design Therapeutics common stock, subject to vesting and future exercise by the director.