Fulcrum Therapeutics (FULC) director receives 32,000 stock options at $3.66 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fulcrum Therapeutics director Sonja Banks received a new stock option grant. The award covers 32,000 shares of common stock at an exercise price of $3.66 per share and expires on June 29, 2036. All shares are scheduled to vest on the first anniversary of the June 30, 2026 grant date, or earlier immediately before the first annual stockholder meeting after the grant date, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Banks Sonja
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 32,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 32,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 32,000 options
Exercise price: $3.66 per share
Expiration date: June 29, 2036
+1 more
4 metrics
Option grant size
32,000 options
Director grant on June 30, 2026
Exercise price
$3.66 per share
Stock option strike price
Expiration date
June 29, 2036
Option term end date
Post-grant derivative holdings
32,000 options
Total options following transaction
Key Terms
Stock Option (right to buy), exercise price, vesting, expiration date
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 3.6600"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"is scheduled to vest with respect to all shares on the first anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date: 2036-06-29T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did Fulcrum Therapeutics (FULC) director Sonja Banks report on this Form 4?
Director Sonja Banks reported receiving a stock option grant for 32,000 shares of Fulcrum Therapeutics common stock. The options were granted as compensation and are not an open-market purchase or sale of existing shares.
What is the exercise price and expiration date of Sonja Banks’ Fulcrum Therapeutics options?
The stock options have an exercise price of $3.66 per share and expire on June 29, 2036. This means she can buy up to 32,000 shares at $3.66 any time before that expiration, once vested.
How and when do Sonja Banks’ Fulcrum Therapeutics options vest?
All 32,000 options are scheduled to vest on the first anniversary of the June 30, 2026 grant date. Vesting can also occur earlier, immediately before the first annual stockholder meeting after the grant date, if that happens sooner, subject to continued service.
How many Fulcrum Therapeutics options does Sonja Banks hold after this grant?
After this grant, Sonja Banks holds 32,000 stock options according to the Form 4. These options give her the right to acquire up to 32,000 shares of common stock at $3.66 per share, subject to vesting.