Forte Biosciences (NASDAQ: FBRX) CFO receives new option and RSU awards
Rhea-AI Filing Summary
Forte Biosciences reported that its Chief Financial Officer, Riley Antony A, received new equity awards effective January 12, 2026. The awards include a stock option covering 90,000 shares of common stock with an exercise price of $29.66 per share and an expiration date of January 12, 2036, and a grant of 60,000 restricted stock units (RSUs).
The option vests monthly, with one forty-eighth of the total option shares vesting each month starting from a vesting commencement date of January 1, 2026, so that the option is fully vested after four years. The RSUs vest annually, with one fourth of the total RSUs vesting on each anniversary of the same January 1, 2026 vesting commencement date, resulting in full vesting over four years, assuming the CFO continues to serve as a Service Provider under the company’s 2021 Equity Incentive Plan.
Positive
- None.
Negative
- None.
FAQ
What insider transactions did Forte Biosciences (FBRX) report for its CFO on January 12, 2026?
Forte Biosciences reported that its Chief Financial Officer, Riley Antony A, was granted a stock option for 90,000 shares of common stock and 60,000 restricted stock units (RSUs), both effective January 12, 2026.
What are the terms of the Forte Biosciences CFO stock option grant reported in this Form 4?
The CFO received a stock option covering 90,000 shares of Forte Biosciences common stock at an exercise price of $29.66 per share, expiring on January 12, 2036. The option vests monthly, with one forty-eighth of the total shares vesting each month starting from a vesting commencement date of January 1, 2026, and becomes fully vested after four years, subject to continued service.
How do the Forte Biosciences (FBRX) RSUs granted to the CFO vest?
The CFO’s award of 60,000 RSUs vests over four years. One fourth of the total RSUs vests annually on each anniversary of the January 1, 2026 vesting commencement date, so that all RSUs are fully vested on the four-year anniversary, assuming the CFO continues as a Service Provider under the 2021 Equity Incentive Plan.
What does each Forte Biosciences RSU granted to the CFO represent?
Each restricted stock unit, or RSU, granted to the CFO represents a contingent right to receive one share of Forte Biosciences, Inc. common stock, subject to the vesting conditions described in the award terms.
Is the Forte Biosciences CFO’s ownership reported as direct or indirect in this Form 4?
The Form 4 reports the CFO’s holdings in these derivative securities as direct ownership. After the reported grants, the CFO beneficially owns 90,000 stock options and 60,000 RSUs, all held directly.
What conditions apply to the vesting of the Forte Biosciences CFO’s equity awards?
The vesting of both the stock options and RSUs is conditioned on the CFO continuing to be a Service Provider, as defined in Forte Biosciences’ 2021 Equity Incentive Plan, through each applicable vesting date. If service ends, unvested portions may not vest.