Faeth Therapeutics (FTH) CEO buys shares and exercises stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Faeth Therapeutics, Inc. President and CEO Anand Kiran Parikh increased his direct stake through option exercises and an open-market stock purchase. He exercised employee stock options to acquire 53,465 shares of common stock at $1.16 per share and bought an additional 2,806 shares in the open market at $19.76 per share, all on June 22, 2026. Following these transactions, he directly owns 764,234 shares of Faeth Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,806 shares ($55,447)
Net Buy
5 txns
Insider
Parikh Anand Kiran
Role
President and CEO
Bought
2,806 shs ($55K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 45,252 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 8,213 | $0.00 | -- |
| Purchase | Common Stock | 2,806 | $19.76 | $55K |
| Exercise | Common Stock | 45,252 | $1.16 | $52K |
| Exercise | Common Stock | 8,213 | $1.16 | $10K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 91,632 shares (Direct, null);
Common Stock — 764,234 shares (Direct, null)
Footnotes (1)
- Beginning on March 1, 2026, 12,258 shares vest monthly through January 1, 2027, with the balance fully vesting on February 1, 2027. The Form 4/A filed on June 16, 2026 (the "Form 4/A") contained a clerical error with respect to the expiration date of the reported security. This Form 4 corrects that clerical error to report the expiration date of the reported security as December 1, 2035. All other information reported on the Form 4/A remains unchanged. Beginning August 1, 2022, the shares subject to the option vest in a series of forty-eight (48) successive equal monthly installments.
Key Figures
Option shares exercised: 53,465 shares
Option exercise price: $1.16 per share
Open-market shares bought: 2,806 shares
+4 more
7 metrics
Option shares exercised
53,465 shares
Employee stock options exercised on June 22, 2026
Option exercise price
$1.16 per share
Exercise price for 53,465 common shares
Open-market shares bought
2,806 shares
Common stock purchase on June 22, 2026
Open-market purchase price
$19.76 per share
Price paid for 2,806 common shares
Shares owned after transactions
764,234 shares
Direct common stock holding after June 22, 2026
Net buy-sell shares
2,806 shares
Net open-market activity reported as net-buy
Option expiration date (corrected)
December 1, 2035
Corrected expiration date for reported option
Key Terms
open-market purchase, Employee Stock Option (right to buy), Exercise or conversion of derivative security, vest monthly, +2 more
6 terms
open-market purchase financial
"Purchase in open market or private transaction"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Employee Stock Option (right to buy) financial
"security_title: Employee Stock Option (right to buy)"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
vest monthly financial
"Beginning on March 1, 2026, 12,258 shares vest monthly"
clerical error financial
"contained a clerical error with respect to the expiration date"
monthly installments financial
"shares subject to the option vest in a series of forty-eight successive equal monthly installments"
Monthly installments are regular, fixed payments made each month to gradually pay off a larger amount, such as a loan or purchase. Think of it like paying for a big item in small, manageable parts instead of all at once. For investors, understanding installment payments helps gauge how debts are structured and how they might affect financial stability or cash flow over time.
FAQ
What did Faeth Therapeutics (FTH) CEO Anand Kiran Parikh do in this Form 4?
Anand Kiran Parikh increased his direct holdings by exercising stock options for 53,465 shares at $1.16 and purchasing 2,806 shares at $19.76. All transactions involved Faeth Therapeutics common stock on June 22, 2026.
What types of transactions are reported for Faeth Therapeutics (FTH) CEO in this Form 4?
The filing reports derivative exercises and an open-market purchase. Parikh exercised employee stock options to receive 53,465 common shares and made an open-market purchase of 2,806 common shares, all classified as acquisitions of Faeth Therapeutics stock.