Foghorn Therapeutics (FHTX) grants CSO 300,000 stock options at $5.71
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Foghorn Therapeutics Inc. reported that Chief Scientific Officer Steven F. Bellon received a stock option grant covering 300,000 shares of common stock at an exercise price of $5.71 per share on January 30, 2026. The option vests 25% on January 30, 2027, then 6.25% of the shares on the first day of each calendar quarter until fully vested, and is exercisable until January 29, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bellon Steven F.
Role
Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 300,000 | $5.71 | $1.71M |
Holdings After Transaction:
Stock Option (right to buy) — 300,000 shares (Direct)
Footnotes (1)
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FAQ
What did Foghorn Therapeutics (FHTX) disclose about Steven Bellon’s equity compensation?
Foghorn Therapeutics disclosed that Chief Scientific Officer Steven F. Bellon received a stock option for 300,000 shares at $5.71 per share. This award gives him the right to buy common stock if he satisfies the vesting schedule and exercises before the January 29, 2036 expiration.
What is the exercise price of Steven Bellon’s FHTX stock option grant?
The exercise price of Steven Bellon’s stock option grant is $5.71 per share. This means he can buy up to 300,000 Foghorn Therapeutics common shares at $5.71, once vested, regardless of the market price at the time of exercise, until expiration.
How does the vesting schedule work for Steven Bellon’s 300,000 FHTX options?
The option vests 25% of the underlying shares on January 30, 2027. After that, it vests an additional 6.25% of the underlying shares on the first day of each calendar quarter, creating a stepped schedule until all 300,000 underlying shares are fully vested.
When does Steven Bellon’s FHTX stock option expire?
Steven Bellon’s stock option expires on January 29, 2036. He may exercise vested portions any time after they vest and before this expiration date, subject to the plan’s terms and any applicable company or regulatory restrictions on exercising stock options.
Is Steven Bellon’s ownership in FHTX direct or indirect after this option grant?
The filing shows Steven Bellon’s beneficial ownership of these derivative securities as direct. Following the grant of 300,000 stock options, the number of derivative securities beneficially owned after the reported transaction is 300,000, all listed under direct ownership in the report.