Geron (GERN) director Dawn Carter Bir awarded 220,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Geron Corp director Dawn Carter Bir received a new stock option grant. On 2026-05-20, she was awarded options to acquire 220,000 shares of Geron common stock at an exercise price of $1.2600 per share, with no cost for the grant itself.
The option covers 220,000 underlying common shares and expires on 2036-05-19. According to the terms, it will vest and become exercisable in full on the earlier of the company’s next annual stockholder meeting or the first anniversary of the grant date, provided she maintains continuous service with Geron through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bir Dawn Carter
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 220,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 220,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 220,000 options
Exercise price: $1.2600 per share
Underlying shares: 220,000 shares
+1 more
4 metrics
Option grant size
220,000 options
Stock Option (right to buy) granted on May 20, 2026
Exercise price
$1.2600 per share
Exercise price for underlying Geron common stock
Underlying shares
220,000 shares
Common Stock underlying the new option grant
Option expiration
May 19, 2036
Expiration date of the stock option grant
Key Terms
Stock Option (right to buy), exercise price, expiration date, continuous service
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 1.2600"
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.
expiration date financial
"expiration_date: 2036-05-19T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
continuous service financial
"subject to the Reporting Person's continuous service with the Issuer"
FAQ
What insider transaction did Geron (GERN) report for Dawn Carter Bir?
Geron reported a stock option grant to director Dawn Carter Bir. She received options for 220,000 shares of common stock, with an exercise price of $1.2600 per share, as part of her equity-based compensation on May 20, 2026.
What is the exercise price and expiration date of Dawn Carter Bir’s Geron options?
The option has an exercise price of $1.2600 per share and expires on May 19, 2036. She may exercise the options after they vest, as long as she meets the continuous service conditions through the applicable vesting date.
When do Dawn Carter Bir’s Geron (GERN) stock options vest?
The options will vest and become exercisable 100% on the earlier of Geron’s next annual stockholder meeting or the first anniversary of the grant date. Vesting is contingent on her continuous service with the company through that chosen vesting date.
Is Dawn Carter Bir’s Geron stock option grant an open-market purchase or a compensation award?
The filing describes this transaction as a grant or award acquisition, not an open-market purchase. The options were issued at no cost as part of her director compensation, with a fixed $1.2600 exercise price for the underlying common shares.