Elicio officer granted RSUs and stock options
Elicio Therapeutics granted equity awards to its Chief Strategy and Financial Officer, Preetam Shah, on February 2, 2026.
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Rhea-AI Filing Summary
Elicio Therapeutics granted equity awards to its Chief Strategy and Financial Officer, Preetam Shah, on February 2, 2026. He received 24,000 restricted stock units, each representing one share of common stock at no cost on grant, and 47,900 stock options to buy common shares at an exercise price of $8.10 per share.
The RSUs vest 25% on February 2, 2027, with the rest vesting in annual installments over the following three years, contingent on continued service. The options vest 25% on February 2, 2027, with the remainder vesting in monthly installments over three years thereafter, also subject to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 47,900 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 24,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents restricted stock units ("RSUs") that will vest as to 25% of the RSUs on February 2, 2027, the first anniversary of the grant date, with the remaining RSUs vesting in annual installments over a three-year period thereafter, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates. Each RSU represents the right to receive one share of common stock, par value $0.01 per share, of the Issuer.
- F2. The stock option vests and becomes exercisable as to 25% of the options on February 2, 2027, the first anniversary of the grant date, with the remaining options vesting in monthly installments over a three-year period thereafter, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ELTX report for Preetam Shah on February 2, 2026?
How many Elicio Therapeutics (ELTX) RSUs did Preetam Shah receive?
What are the vesting terms for Preetam Shah’s ELTX restricted stock units?
What stock options were granted to Preetam Shah by Elicio Therapeutics (ELTX)?
How do the ELTX stock options granted to Preetam Shah vest over time?
Is Preetam Shah’s ownership in ELTX recorded as direct or indirect?
AI-generated analysis. How Rhea-AI works. Not financial advice.