Elicio Therapeutics director gets 21,750 options
Rhea-AI Filing Summary
Elicio Therapeutics, Inc. (ELTX) reported that director and ten percent owner Yekaterina Chudnovsky 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, held as a direct derivative position.
The options represent her annual non-employee director equity award and will vest and become exercisable in full on the earlier of August 31, 2027 or the company’s 2027 annual stockholders’ meeting, subject to continued service, and expire on August 31, 2036. No additional equity award will be made to her in connection with the 2026 annual meeting of stockholders, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 21,750 shares
Grant/Award
1 txn
Insider
Chudnovsky Yekaterina
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1 | 21,750 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 21,750 contracts (Direct)
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
Option Shares Granted: 21,750 shares
Exercise Price: $2.70 per share
Options Held After Grant: 21,750 options
+3 more
6 metrics
Option Shares Granted
21,750 shares
Stock option grant to director and ten percent owner on August 31, 2026
Exercise Price
$2.70 per share
Conversion or exercise price of the stock options
Options Held After Grant
21,750 options
Total derivative securities directly owned by the reporting person following the transaction
Grant Date
August 31, 2026
Date the stock options were granted
Vesting Date Latest
August 31, 2027
Latest possible date for full vesting, or earlier at 2027 annual meeting
Expiration Date
August 31, 2036
Expiration of the stock option term
Key Terms
Stock Option, annual non-employee director equity award, vest and become exercisable, expiration date
4 terms
Stock Option financial
"The stock option represents the annual non-employee director equity award"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
annual non-employee director equity award financial
"The stock option represents the annual non-employee director equity award"
vest and become exercisable financial
"and shall vest and become exercisable in full on the earlier of"
expiration date financial
"expiration_date": "2036-08-31""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What equity award did ELTX grant to Yekaterina Chudnovsky?
Elicio Therapeutics granted Yekaterina Chudnovsky a stock option for 21,750 shares of common stock as her annual non-employee director equity award on August 31, 2026.
What is the exercise price of the new ELTX stock options?
The granted stock options have an exercise price of $2.70 per share, allowing purchase of up to 21,750 shares of Elicio Therapeutics common stock upon vesting and exercise.
When do the newly granted ELTX options vest for the director?
The options will vest and become exercisable in full on the earlier of August 31, 2027, or the 2027 annual meeting of stockholders, provided the director continues to provide services through the vesting date.
When do the director’s new ELTX stock options expire?
The stock options granted to the director expire on August 31, 2036, giving a ten-year term from the August 31, 2026 grant date.
Will ELTX grant any additional equity award to the director for the 2026 meeting?
No. The company states that no additional equity award will be made to the director in connection with the 2026 annual meeting of stockholders beyond this option grant.
Were the ELTX option transactions made under a Rule 10b5-1 plan?
No. The filing indicates no Rule 10b5-1 trading plan applies to this stock option grant to the director and ten percent owner.
AI-generated analysis. How Rhea-AI works. Not financial advice.