Elicio Therapeutics grants director 21,750 options
A non-employee director of Elicio Therapeutics received a new annual stock option grant vesting in 2027.
Rhea-AI Filing Summary
Elicio Therapeutics, Inc. (ELTX) reported that director Carol Gail Ashe received a grant of stock options for 21,750 shares of common stock on August 31, 2026. The options have an exercise price of $2.70 per share and expire on August 31, 2036. They represent the annual non-employee director equity award and will vest in full on the earlier of August 31, 2027 or the 2027 annual stockholders meeting, subject to continued service.
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Insider Trade Summary
Grant/Award: 21,750 shares
Grant/Award
1 txn
Insider
Ashe Carol Gail
Role
Director
| 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
Stock options granted: 21,750 options
Exercise price: $2.70 per share
Expiration date: August 31, 2036
+2 more
5 metrics
Stock options granted
21,750 options
Annual non-employee director equity award granted on August 31, 2026
Exercise price
$2.70 per share
Exercise price of the stock options for Elicio Therapeutics common stock
Expiration date
August 31, 2036
Expiration of the granted stock options
Shares underlying options
21,750 shares
Each option is exercisable for one share of common stock
Vesting date reference
August 31, 2027 or 2027 annual meeting
Options vest on the earlier of these dates, subject to continued service
Key Terms
stock option, exercise price, vest and become exercisable, non-employee director equity award
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.
exercise price financial
"have an exercise price of $2.70 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest and become exercisable financial
"shall vest and become exercisable in full on the earlier of"
non-employee director equity award financial
"represents the annual non-employee director equity award"
FAQ
What equity award did Elicio Therapeutics (ELTX) grant to director Carol Gail Ashe?
Elicio Therapeutics granted Carol Gail Ashe stock options for 21,750 shares of common stock as her annual non-employee director equity award, with an exercise price of $2.70 per share and expiration on August 31, 2036.
When do the new ELTX stock options granted to the director vest?
The options vest and become exercisable in full on the earlier of August 31, 2027, the one-year anniversary of grant, or the 2027 annual stockholders meeting, subject to the director continuing to provide services through the vesting date.
How many ELTX options does the director hold after this Form 4 transaction?
After this transaction, the director is reported as holding 21,750 stock options directly, each exercisable for one share of Elicio Therapeutics common stock, reflecting the full amount of this annual grant.
What is the exercise price of the ELTX options granted to the director?
The granted stock options have an exercise price of $2.70 per share of Elicio Therapeutics common stock, as reported in the Form 4 derivative transaction details.
Will the director receive another equity award at the 2026 ELTX annual meeting?
No. The filing states that no additional equity award will be made to the director in connection with the 2026 annual meeting of stockholders, as this grant represents the annual non-employee director award.
AI-generated analysis. How Rhea-AI works. Not financial advice.