Foghorn Therapeutics (FHTX) director receives stock options for 28,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Foghorn Therapeutics Inc. director Thomas J. Lynch Jr. received a grant of stock options covering 28,000 shares of common stock at an exercise price of $4.08 per share. These options vest in full on the first anniversary of the grant date, conditioned on his continued service on the board of directors, and expire on June 23, 2036. Following this grant, he holds options for 28,000 underlying shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lynch Thomas J. Jr.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to buy) | 28,000 | $4.08 | $114K |
Holdings After Transaction:
Stock Options (Right to buy) — 28,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 28,000 options
Exercise price: $4.08 per share
Underlying shares: 28,000 shares
+2 more
5 metrics
Options granted
28,000 options
Stock options to buy common stock granted to director
Exercise price
$4.08 per share
Exercise price for newly granted stock options
Underlying shares
28,000 shares
Common shares underlying the options
Expiration date
June 23, 2036
Option expiration for this grant
Post-grant option holdings
28,000 options
Total derivative securities held after the transaction
Key Terms
Stock Options (Right to buy), grant/award acquisition, vests in full, derivative securities
4 terms
Stock Options (Right to buy) financial
"security_title: Stock Options (Right to buy)"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
vests in full financial
"The option vests in full on the first anniversary of the grant date"
derivative securities financial
"derivativeTransactionCount: 1 derivative-type record reported"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What did Foghorn Therapeutics (FHTX) director Thomas J. Lynch Jr. receive in this Form 4?
Thomas J. Lynch Jr. received a grant of stock options for 28,000 Foghorn Therapeutics common shares at an exercise price of $4.08 per share. This is a compensation-related award, not an open-market stock purchase.
What is the exercise price and expiration date of the new FHTX stock options?
The stock options granted to Thomas J. Lynch Jr. have an exercise price of $4.08 per share and an expiration date of June 23, 2036. He can only benefit if the stock trades above the exercise price before expiration.
When do Thomas J. Lynch Jr.’s newly granted FHTX options vest?
The options vest in full on the first anniversary of the grant date, subject to his continued service on Foghorn Therapeutics’ board. If he stops serving before that anniversary, the vesting conditions in the award agreement would apply.