Forte Biosciences (NASDAQ: FBRX) CEO awarded options, RSUs
Rhea-AI Filing Summary
Forte Biosciences, Inc. reported new equity awards to a senior executive. A Form 4 filing shows that on January 12, 2026, CEO, Secretary and Chair Paul A. Wagner received a stock option covering 270,000 shares of Forte Biosciences common stock with an exercise price of $29.66 per share. According to the vesting terms, one forty-eighth of the option vests each month after a vesting commencement date of January 1, 2026, so the option becomes fully vested after four years, as long as he continues as a service provider.
The filing also reports a grant of 180,000 restricted stock units, each representing a contingent right to receive one share of Forte Biosciences common stock. These RSUs vest in four equal annual installments on each anniversary of the same January 1, 2026 vesting commencement date, again conditioned on continued service. Following these grants, Wagner beneficially owns 270,000 stock options and 180,000 RSUs directly.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 270,000 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 180,000 | $0.00 | -- |
Footnotes (1)
- Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2021 Equity Incentive Plan) through each applicable vesting date, one forty-eighth (1/48th) of the total shares subject to the option shall vest every month following the Vesting Commencement Date such that all shares shall be fully vested on the four (4) year anniversary of the Vesting Commencement Date. "Vesting Commencement Date" shall mean January 1, 2026. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Forte Biosciences, Inc. (the "Issuer") Common Stock. Subject to the Reporting Person continuing to be a Service Provider (as defined in the 2021 Equity Incentive Plan) through each applicable vesting date, one fourth (1/4th) of the total RSUs subject to the award shall vest annually on the anniversary of Vesting Commencement Date such that all shares shall be fully vested on the four (4) year anniversary of the Vesting Commencement Date. "Vesting Commencement Date" shall mean January 1, 2026.
FAQ
What insider transactions did Forte Biosciences (FBRX) disclose in this Form 4?
The Form 4 reports that CEO, Secretary and Chair Paul A. Wagner was granted a stock option for 270,000 shares of Forte Biosciences common stock at an exercise price of $29.66 per share and 180,000 restricted stock units, each representing a contingent right to receive one share of common stock.
Who is the reporting person in the Forte Biosciences (FBRX) Form 4 filing?
The reporting person is Paul A. Wagner, who is identified as a director and an officer of Forte Biosciences, Inc., with the remarks specifying that he serves as CEO, Secretary and Chair of the Board.
When were the options and RSUs granted to the Forte Biosciences (FBRX) CEO?
The stock option and restricted stock units were granted on January 12, 2026, with a vesting commencement date of January 1, 2026 for both awards.
What are the vesting terms of the 270,000 stock options reported by Forte Biosciences (FBRX)?
The 270,000-share stock option vests monthly, with one forty-eighth of the total shares vesting each month after the January 1, 2026 vesting commencement date, so that all shares are fully vested on the four-year anniversary, subject to continued service.
How do the 180,000 restricted stock units for Forte Biosciences (FBRX) vest?
The 180,000 RSUs vest in four equal installments, with one fourth of the RSUs vesting annually on each anniversary of the January 1, 2026 vesting commencement date, so they are fully vested after four years if the reporting person continues as a service provider.
How many derivative securities does the Forte Biosciences (FBRX) CEO hold after these transactions?
After the reported grants, Paul A. Wagner beneficially owns 270,000 stock options and 180,000 restricted stock units, all held directly according to the filing.