Eton CEO exercises derivatives, adds 227500 shares
Eton Pharmaceuticals, Inc. President & CEO Sean Brynjelsen reported only equity acquisitions.
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Form Type
4
Rhea-AI Filing Summary
Eton Pharmaceuticals, Inc. President & CEO Sean Brynjelsen reported only equity acquisitions. He exercised employee stock options covering 200000.0000 shares of common stock at an exercise price of 1.3700 on July 14, 2026, and converted 27500.0000 shares from restricted stock units on July 12, 2026. After these derivative exercises, he directly holds 1061194.0000 common shares, with no sales, gifts, or tax-withholding dispositions reported.
Insider Trade Summary
227,500 shares exercised/converted
Exercise
4 txns
Insider
BRYNJELSEN SEAN
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option F2 | 200,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 200,000 | $1.37 | $274K |
| Exercise | Restricted Stock Units F1 | 27,500 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 27,500 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Employee Stock Option — 0 contracts (Direct);
Common Stock — 1,061,194 shares (Direct)
Footnotes (2)
- F1. On July 12, 2022, the reporting person was granted 110,000 restricted stock units which vested in four equal installments beginning July 12, 2023.
- F2. The shares subject to the option vested annually from the date of grant (11-10-2017) in four equal installments.
Key Figures
Option shares exercised: 200000.0000 shares
RSUs converted: 27500.0000 shares
Exercise price: 1.3700
+4 more
7 metrics
Option shares exercised
200000.0000 shares
Employee Stock Option into common stock on 2026-07-14
RSUs converted
27500.0000 shares
Restricted Stock Units into common stock on 2026-07-12
Exercise price
1.3700
Conversion or exercise price for 200000.0000 option shares
Shares held after transactions
1061194.0000 shares
Direct common stock ownership following July 14, 2026 exercise
Total derivative shares exercised
227500.0000 shares
ExerciseShares in transaction summary for Form 4
RSU grant size
110000 units
Restricted stock units granted July 12, 2022, vesting in four equal installments
Option expiration date
2027-11-09
Expiration date of Employee Stock Option exercised on 2026-07-14
Key Terms
Employee Stock Option, Restricted Stock Units, derivative security, total_shares_following_transaction
4 terms
Employee Stock Option financial
"security_title is listed as "Employee Stock Option" for 200000.0000 shares"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
Restricted Stock Units financial
"security_title is shown as "Restricted Stock Units" for 27500.0000 shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description notes an "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ETON’s CEO Sean Brynjelsen report in this Form 4?
Sean Brynjelsen reported only equity acquisitions. He exercised options into 200000.0000 common shares on July 14, 2026 and converted 27500.0000 restricted stock units into common shares on July 12, 2026, with no disposals or sales disclosed.
What option exercise did ETON’s CEO complete on July 14, 2026?
On July 14, 2026, Sean Brynjelsen exercised an Employee Stock Option for 200000.0000 underlying common shares at an exercise price of 1.3700. The option was originally granted on November 10, 2017 and was scheduled to expire on November 9, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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