Editas Medicine (EDIT) grants 292,856 stock options to chief scientific officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Editas Medicine, Inc. reported that EVP and Chief Scientific Officer Linda Burkly received a grant of stock options covering 292,856 shares of common stock. The options have an exercise price of $2.54 per share and expire on March 11, 2036.
The award was granted on March 12, 2026 and is scheduled to vest over four years in equal monthly installments from April 12, 2026 through March 12, 2030. Following this grant, Burkly holds 292,856 stock options from this award.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
Burkly Linda
Role
EVP, CHIEF SCIENTIFIC OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 292,856 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 292,856 shares (Direct)
Footnotes (1)
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FAQ
What did Editas Medicine (EDIT) disclose about Linda Burkly in this Form 4?
Editas Medicine disclosed that EVP and Chief Scientific Officer Linda Burkly received a stock option grant for 292,856 shares of common stock. The options were awarded as compensation and reported as an acquisition rather than an open-market purchase or sale.
What are the key terms of Linda Burkly’s new stock option grant at Editas Medicine (EDIT)?
The grant covers 292,856 shares of Editas Medicine common stock with an exercise price of $2.54 per share. The options expire on March 11, 2036, giving a long-dated incentive tied to the company’s future share performance over the coming years.
How does Linda Burkly’s Editas Medicine (EDIT) option grant vest over time?
The option granted to Linda Burkly vests over four years in equal monthly installments. Vesting starts on April 12, 2026 and continues through March 12, 2030, encouraging ongoing service and aligning her long-term incentives with Editas Medicine’s performance.
Is Linda Burkly’s Form 4 transaction at Editas Medicine (EDIT) a stock sale or purchase?
The Form 4 reports a compensation-related acquisition, not an open-market trade. Linda Burkly received a grant of stock options under code “A,” indicating a grant or award, with no shares bought or sold on the market in this specific transaction.
How many Editas Medicine (EDIT) options does Linda Burkly hold from this grant after the transaction?
Following this transaction, Linda Burkly holds 292,856 stock options from this grant. This reflects the full size of the reported award, as shown by the total derivative securities beneficially owned after the reported acquisition on the Form 4.