enGene Therapeutics (ENGN) director awarded options for 31,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
enGene Therapeutics Inc. director Philip Astley-Sparke received a grant of stock options to acquire 31,000 common shares. The options have an exercise price of $1.75 per share and now represent a total option holding of 31,000 shares.
The option vests fully on the earlier of the first anniversary of the vesting commencement date, which was June 9, 2026, or the company’s 2027 annual meeting of shareholders. The options are scheduled to expire on June 16, 2036, if not exercised earlier.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Astley-Sparke Philip
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 shares
Exercise price: $1.75 per share
Post-transaction option holdings: 31,000 options
+2 more
5 metrics
Option grant size
31,000 shares
Stock options to buy common shares
Exercise price
$1.75 per share
Stock option strike price
Post-transaction option holdings
31,000 options
Total derivative shares following transaction
Option expiration date
June 16, 2036
Option term end date
Vesting reference date
June 9, 2026
First anniversary used for vesting test
Key Terms
Stock Option (Right to Buy), exercise price, vesting commencement date, annual meeting of shareholders
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 1.7500"
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.
vesting commencement date financial
"the first anniversary of the vesting commencement date, which was June 9, 2026"
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.