Generate Biomedicines CTO awarded stock options
Generate Biomedicines Chief Technology Officer Gevorg Grigoryan reported two grants of stock options to acquire company shares.
Rhea-AI Filing Summary
Generate Biomedicines Chief Technology Officer Gevorg Grigoryan reported two grants of stock options to acquire company shares. One option covers 295,608 shares and vests in two equal installments on February 19, 2029 and February 19, 2030, subject to continued service. A second option covers 196,368 shares and vests in forty-eight equal monthly installments following February 19, 2026, also conditioned on his continued service. Both awards are recorded at an exercise price of $0.00 per share, reflecting their nature as compensatory grants rather than open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 295,608 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 196,368 | $0.00 | $0.00 |
Footnotes (2)
- F1. The shares underlying this option shall vest in two equal installments on each of February 19, 2029 and February 19, 2030, subject to the Reporting Person's continued service on each such vesting date.
- F2. The shares underlying this option shall vest in forty-eight equal monthly installments following February 19, 2026, subject to the Reporting Person's continued service on each such vesting date.
FAQ
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What insider transaction did GENB's CTO report on this Form 4?
Were the GENB CTO’s stock options acquired through market purchases?
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