4D Molecular (NASDAQ: FDMT) grants director 50,000 stock options

Rhea-AI Filing Summary

4D Molecular Therapeutics director Charles Theuer received a grant of stock options for 50,000 shares of common stock as part of non-employee director compensation. The options have an exercise price of $9.42 per share and expire on June 16, 2036.

One-third of the options vest on June 17, 2027, with the remainder vesting in equal monthly installments until full vesting on June 17, 2029, contingent on continued service. The options also vest in full if a Change in Control, as defined in the 2020 Incentive Award Plan, is completed.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider THEUER CHARLES

Role null

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	50,000	$0.00	--

Holdings After Transaction: Stock Option (Right to Buy) — 50,000 shares (Direct, null)

Footnotes (1)

1. Automatically granted pursuant to the terms of the Company's non-employee director compensation program. The stock option vests and becomes exercisable with respect to 1/3 of the total shares on June 17, 2027 and in equal monthly installments thereafter, subject to the Reporting Person continuing service to Issuer through each vesting date, until the shares are fully vested on June 17, 2029. Additionally, the stock options will vest in full upon the consummation of a Change in Control (as defined in the 2020 Incentive Award Plan).

Key Figures

Option grant size: 50,000 options Exercise price: $9.42 per share Expiration date: June 16, 2036 +3 more

6 metrics

Option grant size 50,000 options Stock Option (Right to Buy) granted to director

Exercise price $9.42 per share Conversion or exercise price of granted options

Expiration date June 16, 2036 Option term end date

Shares underlying options 50,000 shares Common Stock underlying the derivative security

Initial cliff vesting date June 17, 2027 1/3 of options vest on this date

Full vesting date June 17, 2029 All options fully vested by this date

Key Terms

Stock Option (Right to Buy), non-employee director compensation program, Change in Control, 2020 Incentive Award Plan

4 terms

Stock Option (Right to Buy) financial

"security_title: "Stock Option (Right to Buy)""

non-employee director compensation program financial

"Automatically granted pursuant to the terms of the Company's non-employee director compensation program."

Change in Control financial

"Additionally, the stock options will vest in full upon the consummation of a Change in Control"

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

2020 Incentive Award Plan financial

"Change in Control (as defined in the 2020 Incentive Award Plan)."

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

THEUER CHARLES

(Last) (First) (Middle)

C/O 4D MOLECULAR THERAPEUTICS, INC.

5858 HORTON STREET #455

(Street)

EMERYVILLE CALIFORNIA 94608

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
4D Molecular Therapeutics, Inc. [ FDMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$9.42	06/17/2026		A(1)		50,000		(2)	06/16/2036	Common Stock	50,000	$0	50,000	D

Explanation of Responses:

1. Automatically granted pursuant to the terms of the Company's non-employee director compensation program.

2. The stock option vests and becomes exercisable with respect to 1/3 of the total shares on June 17, 2027 and in equal monthly installments thereafter, subject to the Reporting Person continuing service to Issuer through each vesting date, until the shares are fully vested on June 17, 2029. Additionally, the stock options will vest in full upon the consummation of a Change in Control (as defined in the 2020 Incentive Award Plan).

	/s/ Scott Bizily as Attorney-in-Fact for Charles Theuer	06/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did FDMT director Charles Theuer report in this Form 4 filing?

Charles Theuer reported receiving a grant of stock options for 50,000 shares of 4D Molecular Therapeutics common stock. These options were automatically granted under the company’s non-employee director compensation program as part of his board service compensation package.

What is the exercise price and term of the new FDMT stock options?

The granted stock options have an exercise price of $9.42 per share and expire on June 16, 2036. This means Theuer can buy shares at $9.42 once vested, any time before the June 2036 expiration date, subject to plan and service conditions.

How do the FDMT options granted to Charles Theuer vest over time?

One-third of the 50,000 options vest on June 17, 2027, with the remaining two-thirds vesting in equal monthly installments thereafter. Vesting continues until all options are fully vested on June 17, 2029, assuming Theuer continues serving the company through each vesting date.

Is there any accelerated vesting feature for these FDMT stock options?

Yes. The stock options will vest in full upon the consummation of a Change in Control, as defined in 4D Molecular Therapeutics’ 2020 Incentive Award Plan. This provision accelerates vesting if the company undergoes a qualifying acquisition or similar control transaction.

Are these FDMT stock options an open-market purchase of shares?

No. The transaction is a grant of stock options, not a market purchase. Theuer did not buy shares on the open market; instead, he received the right to buy up to 50,000 shares at $9.42, subject to vesting and plan terms.