Eikon Therapeutics (EIKN) grants 67,044 stock options to executive Thorner
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eikon Therapeutics, Inc. reported that executive Benjamin Bruno Thorner received a grant of stock options covering 67,044 shares of the company’s stock. The options have an exercise price of $0.00 per share and represent a new award rather than an open-market purchase.
According to the vesting terms, one forty-eighth of the option shares will vest on each monthly anniversary of the vesting start date over 48 months, as long as Thorner continues to provide service to the company. This structure ties the award to multi-year retention and ongoing employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thorner Benjamin Bruno
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 67,044 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 67,044 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did EIKN report for Benjamin Bruno Thorner?
Eikon Therapeutics reported that executive Benjamin Bruno Thorner received a grant of stock options for 67,044 shares. This is a compensatory award rather than a market trade, reflecting equity-based incentives linked to his ongoing service with the company.
What is the exercise price of Benjamin Bruno Thorner’s EIKN stock options?
The stock options granted to Benjamin Bruno Thorner have an exercise price of $0.00 per share. This indicates the options were issued as a compensatory award, with value primarily driven by vesting and the company’s future stock performance rather than a cash outlay by the executive.
How do the EIKN options granted to Benjamin Bruno Thorner vest over time?
The options vest monthly over four years. Specifically, 1/48th of the 67,044 underlying shares vests on each monthly anniversary of the vesting start date, provided Thorner continues to serve Eikon Therapeutics through each respective vesting date.
What ownership type is reported for Benjamin Bruno Thorner’s new EIKN options?
The filing reports the 67,044 option shares as directly owned by Benjamin Bruno Thorner. There is no indication of indirect ownership through a trust, partnership, or other entity, and no footnote disclaimer of beneficial ownership or voting and investment authority.