Forte Biosciences CFO granted 22,000 stock options
Forte Biosciences, Inc. reported that Chief Financial Officer Antony A. Riley received a grant of stock options covering 22,000 shares of common stock.
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Rhea-AI Filing Summary
Forte Biosciences, Inc. reported that Chief Financial Officer Antony A. Riley received a grant of stock options covering 22,000 shares of common stock. The options have an exercise price of $17.15 per share and expire on June 16, 2036.
According to the disclosure, all 22,000 option shares were held directly after the transaction, reflecting a compensation-related award rather than an open-market purchase. The footnotes state that, subject to continued service, one forty-eighth of the options will vest monthly starting on the Vesting Commencement Date of June 16, 2026, so the grant is scheduled to be fully vested four years after that date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 22,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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 June 16, 2026.
Key Figures
Key Terms
Stock Option (right to buy) financial
2021 Equity Incentive Plan financial
Vesting Commencement Date financial
Grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Forte Biosciences (FBRX) disclose in this Form 4 for its CFO?
What are the key terms of Antony A. Riley’s Forte Biosciences stock option grant?
How does the vesting schedule work for the Forte Biosciences CFO’s options?
When do Antony A. Riley’s Forte Biosciences options expire and become fully vested?
AI-generated analysis. How Rhea-AI works. Not financial advice.