Ernexa director gets 5,943 and 5,083 options
Director Peter Cicala was granted 11,026 ERNA stock options at $4.57, vesting partly over time and fully by Dec. 31, 2026.
Rhea-AI Filing Summary
Ernexa Therapeutics Inc. (ERNA) reported that director Peter Cicala received two grants of stock options on August 31, 2026. One grant covers 5,943 options with an exercise price of $4.57 per share, vesting one-third on the first anniversary and the rest in 24 monthly installments, expiring August 31, 2036. A second grant covers 5,083 options at $4.57 per share, issued in lieu of prorated 2026 director cash compensation under the Director's Compensation Plan, vesting 100% on December 31, 2026, also expiring August 31, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 11,026 shares
Grant/Award
2 txns
Insider
Cicala Peter
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to buy) F1 | 5,943 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to buy) F2 | 5,083 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to buy) — 11,026 contracts (Direct)
Footnotes (2)
- F1. Subject to continued service, one-third of the shares underlying the stock option will vest on the first anniversary of the grant date, and the remaining shares underlying the stock option will vest in 24 substantially equal monthly installments thereafter.
- F2. Represents options to purchase shares of the registrant's common stock in lieu of prorated director's cash compensation for 2026 pursuant to the Director's Compensation Plan effective August 15, 2026, granted under the Issuer's 2026 Omnibus Equity Incentive Plan. Subject to continued service, 100% of the stock options will vest on December 31, 2026.
Key Figures
Stock options granted: 5,943 options
Stock options granted in lieu of cash compensation: 5,083 options
Exercise price: $4.57 per share
+4 more
7 metrics
Stock options granted
5,943 options
Stock Option (Right to buy) granted to Peter Cicala on August 31, 2026
Stock options granted in lieu of cash compensation
5,083 options
Options in lieu of prorated 2026 director cash compensation granted August 31, 2026
Exercise price
$4.57 per share
Exercise price for both option grants to purchase Ernexa Therapeutics Inc. common stock
Option expiration date
August 31, 2036
Expiration date for both stock option grants to Peter Cicala
Cliff vesting portion
One-third of 5,943 options
Vests on the first anniversary of the August 31, 2026 grant date, subject to continued service
Remaining vesting schedule
24 monthly installments
Remaining 5,943-option grant vests in 24 substantially equal monthly installments
Full vesting date for 5,083 options
December 31, 2026
100% of the 5,083 stock options vest on this date, subject to continued service
Key Terms
Stock Option (Right to buy), vesting, Director's Compensation Plan, 2026 Omnibus Equity Incentive Plan, +1 more
5 terms
Stock Option (Right to buy) financial
"security_title: Stock Option (Right to buy)"
vesting financial
"shares underlying the stock option will vest on the first anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Director's Compensation Plan financial
"pursuant to the Director's Compensation Plan effective August 15, 2026"
2026 Omnibus Equity Incentive Plan financial
"granted under the Issuer's 2026 Omnibus Equity Incentive Plan"
prorated director's cash compensation financial
"in lieu of prorated director's cash compensation for 2026"
FAQ
What equity awards did Peter Cicala receive from ERNA on August 31, 2026?
On August 31, 2026, Peter Cicala received two stock option grants from Ernexa Therapeutics Inc.: one for 5,943 options and another for 5,083 options, each to purchase common stock at an exercise price of $4.57 per share, expiring August 31, 2036.
What are the vesting terms for the 5,943 ERNA stock options granted to Peter Cicala?
For the 5,943 Ernexa Therapeutics Inc. options, one-third of the underlying shares vest on the first anniversary of the August 31, 2026 grant date. The remaining shares vest in 24 substantially equal monthly installments, subject to continued service.
How do the 5,083 ERNA stock options granted to Peter Cicala vest?
The 5,083 Ernexa Therapeutics Inc. stock options, issued in lieu of prorated 2026 director cash compensation under the Director's Compensation Plan, vest 100% on December 31, 2026, subject to continued service.
What is the exercise price and expiration date of Peter Cicala’s ERNA stock options?
Both stock option grants to Peter Cicala have an exercise price of $4.57 per share and an expiration date of August 31, 2036, giving him the right to purchase Ernexa Therapeutics Inc. common stock at that price until that date, subject to vesting.
Were Peter Cicala’s 5,083 ERNA stock options part of his cash compensation?
Yes. The 5,083 options were granted in lieu of prorated director's cash compensation for 2026 under the Director's Compensation Plan effective August 15, 2026, and were granted under Ernexa Therapeutics Inc.'s 2026 Omnibus Equity Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.