Foghorn Therapeutics (FHTX) director Lynne Parshall awarded 28,000 stock options
Rhea-AI Filing Summary
Foghorn Therapeutics Inc. director Lynne B. Parshall received a grant of stock options covering 28,000 shares of common stock. The options have an exercise price of $4.08 per share and expire on June 23, 2036. Following this grant, she holds 28,000 options directly. According to the terms, the option vests in full on the first anniversary of the grant date, assuming she continues to serve on the board of directors.
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Insights
Routine director option grant adds equity incentive without signaling market view.
Director Lynne B. Parshall received 28,000 stock options for Foghorn Therapeutics common stock at an exercise price of $4.08 per share, expiring on June 23, 2036. This is characterized as a grant or award acquisition, not an open-market purchase.
The options vest in full on the first anniversary of the grant date, conditioned on continued board service. That structure is typical for non-employee director compensation, aligning incentives with longer-term company performance.
Because this is a compensatory grant rather than a discretionary buy or sale, it carries limited signaling value about the director’s view of the stock. Future filings may show how often such awards are granted and whether additional equity grants change the overall scale of director compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to buy) | 28,000 | $4.08 | $114K |
Footnotes (1)
- F1. The option vests in full on the first anniversary of the grant date, subject to the reporting person's continued service on the board of directors.
Key Figures
Key Terms
Stock Options (Right to buy) financial
Grant, award, or other acquisition financial
exercise price financial
expiration date regulatory
vesting financial
FAQ
What did Lynne B. Parshall receive in this FHTX Form 4 filing?
What is the exercise price of the new Foghorn Therapeutics (FHTX) options?
When do Lynne B. Parshall’s FHTX stock options vest?
When do the Foghorn Therapeutics (FHTX) director options expire?
How many FHTX options does Lynne B. Parshall hold after this transaction?
Is this FHTX Form 4 a stock purchase or sale by the director?
AI-generated analysis. How Rhea-AI works. Not financial advice.