Eikon Therapeutics (EIKN) COO awarded 87,157-share stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eikon Therapeutics, Inc. reported that Chief Operating Officer Michael A. Klobuchar received a grant of stock options for 87,157 shares at an exercise price of $0.00 per share. The award vests in equal monthly installments over 48 months, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Klobuchar Michael A
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 87,157 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 87,157 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did EIKN report for Michael A. Klobuchar?
Eikon Therapeutics reported a stock option grant to Chief Operating Officer Michael A. Klobuchar covering 87,157 shares. This was reported as an acquisition under a grant or award, rather than an open-market purchase or sale of common stock.
How many Eikon Therapeutics (EIKN) options were granted in this Form 4?
The Form 4 shows a grant of stock options covering 87,157 shares of Eikon Therapeutics common stock. These options were reported with an exercise price of $0.00 per share and are held directly by Michael A. Klobuchar as the reporting person.
What is the vesting schedule for the EIKN stock options granted to the COO?
The options vest monthly over four years. Specifically, 1/48th of the 87,157 underlying shares vests on each monthly anniversary of the vesting start date for 48 months, conditioned on Michael A. Klobuchar’s continued service through each vesting date.
Was the EIKN transaction a purchase or sale of common stock?
The transaction was not an open-market purchase or sale of common stock. It is reported as a grant or award acquisition of stock options, giving Michael A. Klobuchar the right to buy 87,157 shares in the future subject to vesting terms.
What role does Michael A. Klobuchar hold at Eikon Therapeutics (EIKN)?
Michael A. Klobuchar is identified as an officer of Eikon Therapeutics, serving as Chief Operating Officer. The Form 4 attributes the 87,157-share stock option grant directly to him in this executive capacity, subject to the stated vesting schedule and ownership terms.