Generate Biomedicines (GENB) director awarded 29,561 no-cost stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Generate Biomedicines director Nancy A. Simonian received a stock option grant for 29,561 shares of common stock at an exercise price of $0.00 per share. According to the filing, the option vests in full on February 19, 2027, subject to her continued service on that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Simonian Nancy A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 29,561 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 29,561 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did GENB director Nancy A. Simonian report?
Nancy A. Simonian reported receiving a stock option grant for 29,561 shares. The option was awarded at an exercise price of $0.00 per share and represents equity-based compensation tied to her role as a director of Generate Biomedicines.
When do Nancy A. Simonian’s new GENB stock options vest?
The granted stock options vest in full on February 19, 2027. Vesting is conditioned on Nancy A. Simonian’s continued service with Generate Biomedicines through that date, meaning she must remain in her role to receive the full economic benefit.
What is the exercise price of Nancy A. Simonian’s GENB stock option grant?
The exercise price for the reported stock option grant is $0.00 per share. This indicates a cost-free right to acquire the underlying shares upon vesting, reflecting a compensatory equity award rather than a market purchase of company stock.