Elicio Therapeutics grants 21,750 options to director
ELTX granted a 21,750-share stock option to a non-employee director, vesting in 2027 and expiring in 2036, as that director’s annual equity award.
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Rhea-AI Filing Summary
Elicio Therapeutics, Inc. (ELTX) reported that director Jay Venkatesan received a grant of stock options for 21,750 shares of common stock on August 31, 2026 at an exercise price of $2.70 per share. The options vest in full on the earlier of August 31, 2027 or the 2027 annual stockholders’ meeting, subject to continued service, and expire on August 31, 2036. No additional equity award will be made to this director in connection with the 2026 annual meeting of stockholders, and no Rule 10b5-1 trading plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1 | 21,750 | $0.00 | $0.00 |
Footnotes (1)
- F1. The stock option represents the annual non-employee director equity award to the Reporting Person and shall vest and become exercisable in full on the earlier of (A) August 31, 2027, the one-year anniversary of the date of grant, and (B) the annual meeting of the Issuer's stockholders held in 2027, subject to the Reporting Person continuing to provide services to the Issuer through such vesting date. No additional equity award will be made to the Reporting Person in connection with the 2026 annual meeting of stockholders.
Key Figures
Key Terms
non-employee director equity award financial
stock option financial
vesting financial
annual meeting of the Issuer's stockholders financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Elicio Therapeutics (ELTX) grant to director Jay Venkatesan?
What is the exercise price of the new ELTX stock options granted to the director?
When do the new ELTX director stock options vest?
When do the ELTX stock options granted to the director expire?
Will the ELTX director receive another equity award at the 2026 annual meeting?
Were the ELTX director option grants made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.