Executive at Generate Biomedicines (GENB) awarded 190,034 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Generate Biomedicines, Inc. reported that Chief Legal Officer & General Counsel Martin Sean received a grant of stock options covering 190,034 shares on February 26, 2026. The award was recorded as a grant or other acquisition, not an open-market purchase. According to the disclosure, the options vest in 48 equal monthly installments starting after February 19, 2026, and each installment requires his continued service on the relevant vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Martin Sean
Role
Chief Legal Officer & GC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 190,034 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 190,034 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Generate Biomedicines (GENB) report for Martin Sean?
Generate Biomedicines reported a stock option grant to Chief Legal Officer & General Counsel Martin Sean. He received options covering 190,034 shares, classified as a grant or award acquisition rather than an open-market buy or sell transaction.
How many stock options did Martin Sean receive from Generate Biomedicines (GENB)?
Martin Sean received a stock option covering 190,034 shares of Generate Biomedicines common stock. This entire amount was reported as acquired in a single grant transaction dated February 26, 2026, with 190,034 derivative securities held directly afterward.
What is the vesting schedule for Martin Sean’s Generate Biomedicines (GENB) stock options?
The options vest in forty-eight equal monthly installments following February 19, 2026. Each monthly vesting installment is conditioned on Martin Sean’s continued service with Generate Biomedicines on the relevant vesting date, spreading the benefit over a four-year period.
Was Martin Sean’s Generate Biomedicines (GENB) option grant an open-market purchase?
No, the transaction was classified as a grant, award, or other acquisition, not an open-market purchase. The Form 4 identifies the code as “A” and describes the action as a grant or award acquisition of stock options rather than a market trade.
Does Martin Sean hold the Generate Biomedicines (GENB) options directly or indirectly?
The disclosure states that Martin Sean holds the 190,034 stock options directly. The ownership is coded as direct, with no footnote indicating that the options are held through a trust, partnership, or other related entity.