enGene Therapeutics (ENGN) grants director 31,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
enGene Therapeutics Inc. director Gerald A. Brunk received a grant of stock options covering 31,000 common shares. The options have an exercise price of $1.75 per share and were awarded at no cost.
The options expire on June 16, 2036. According to the disclosure, the option vests fully on the earlier of the first anniversary of the June 9, 2026 vesting commencement date or the company’s 2027 annual meeting of shareholders. Following this grant, Brunk holds options for 31,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRUNK GERALD A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 31,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 31,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 31,000 options
Exercise price: $1.75 per share
Underlying shares: 31,000 common shares
+2 more
5 metrics
Option grant size
31,000 options
Stock Option (Right to Buy) granted to director
Exercise price
<money>$1.75</money> per share
Conversion or exercise price of options
Underlying shares
31,000 common shares
Underlying security for the stock options
Total options after grant
31,000 options
Total shares following transaction for this option award
Option expiration
<date>June 16, 2036</date>
Expiration date of the stock options
Key Terms
Stock Option (Right to Buy), vesting commencement date, annual meeting of shareholders, Common Shares
4 terms
Stock Option (Right to Buy) financial
"Security title is listed as "Stock Option (Right to Buy)" for the grant."
vesting commencement date financial
"The option vests based on the first anniversary of the vesting commencement date."
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
FAQ
What insider transaction did enGene Therapeutics (ENGN) report for Gerald A. Brunk?
enGene Therapeutics reported a stock option grant to director Gerald A. Brunk for 31,000 common shares. The options were awarded at no cost, giving him the right to buy shares at a set price in the future.
What is the exercise price of the new enGene (ENGN) stock options?
The new stock options granted to Gerald A. Brunk have an exercise price of $1.75 per share. This is the price he must pay per share if he chooses to exercise the options and convert them into common shares.
When do Gerald A. Brunk’s enGene (ENGN) options vest and become exercisable?
The option vests fully on the earlier of the first anniversary of the June 9, 2026 vesting commencement date or enGene’s 2027 annual meeting of shareholders. Once vested, the 31,000 options can be exercised at the stated price.
When do the stock options granted to enGene (ENGN) director Gerald A. Brunk expire?
The stock options granted to Gerald A. Brunk expire on June 16, 2036. After that expiration date, any unexercised options will lapse and can no longer be used to purchase enGene common shares.
How many enGene (ENGN) options does Gerald A. Brunk hold after this Form 4 transaction?
After this transaction, Gerald A. Brunk holds options for 31,000 common shares directly. This figure reflects his total stock option position reported in the filing following the new grant on June 16, 2026.