Executive options at enGene Therapeutics (ENGN) vesting over 4 years
Rhea-AI Filing Summary
enGene Therapeutics Inc. reports that Interim Chief Business Officer Chinoporos Constantine holds a stock option covering 75,000 common shares. The option has an exercise price of $1.7500 per share, expires on 2036-06-16, and vests monthly in substantially equal amounts over 48 months commencing June 16, 2026, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chinoporos Constantine
Role
Interim Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) F1 | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 75,000 shares (Direct)
Footnotes (1)
- F1. This option vests monthly in substantially equal amounts for 48 months, commencing June 16, 2026, subject to the Reporting Person's continued service.
Key Figures
Underlying option shares: 75,000.0000 shares
Exercise price: $1.7500 per share
Option expiration: 2036-06-16
+2 more
5 metrics
Underlying option shares
75,000.0000 shares
Stock Option (Right to Buy) over common shares
Exercise price
$1.7500 per share
Exercise price for the reported stock option
Option expiration
2036-06-16
Expiration date of the stock option position
Vesting period
48 months
Vests monthly in substantially equal amounts commencing June 16, 2026
Vesting commencement date
June 16, 2026
Vesting requires the reporting person’s continued service
Key Terms
Stock Option (Right to Buy), underlying security, exercise price, vests monthly
4 terms
Stock Option (Right to Buy) financial
"Security title is Stock Option (Right to Buy) over common shares"
underlying security financial
"The underlying security title is Common Shares"
exercise price financial
"The exercise price is $1.7500 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.
vests monthly financial
"This option vests monthly in substantially equal amounts for 48 months"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What role does Chinoporos Constantine hold at enGene Therapeutics (ENGN)?
Chinoporos Constantine serves as enGene Therapeutics’ Interim Chief Business Officer. This officer role is disclosed alongside his reported stock option position, highlighting his executive status within the company’s leadership team.
What is the exercise price and expiration date of the ENGN options held by Chinoporos Constantine?
The options have an exercise price of $1.7500 per share and an expiration date of 2036-06-16. This defines the cost to acquire each underlying common share and the last date the option can be exercised.
What is the vesting schedule for Chinoporos Constantine's ENGN stock options?
The option vests monthly in substantially equal amounts over 48 months, commencing June 16, 2026. Vesting is subject to the reporting person’s continued service, meaning ongoing service is required for future vesting.
Are Chinoporos Constantine's ENGN options held directly or indirectly?
The reported stock option position is held directly by Chinoporos Constantine. The ownership type is coded as direct, indicating it is not held through an intermediary entity such as a trust or partnership.
What type of security is reported for Chinoporos Constantine in ENGN's insider filing?
The security reported is a Stock Option (Right to Buy) with an underlying security of Common Shares. This gives the holder the right to purchase enGene Therapeutics common shares under the specified terms.