Monte Rosa Therapeutics (GLUE) director granted 25,800 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monte Rosa Therapeutics director Eric A. Hughes received a grant of stock options covering 25,800 shares of common stock. The options have an exercise price of $17.10 per share and expire on June 11, 2036. This is a compensation-related equity award, not an open-market purchase.
All 25,800 options will vest and become exercisable in full on the earlier of June 11, 2027 or the company’s next annual meeting of stockholders, subject to his continued service. Following this grant, Hughes holds 25,800 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hughes Eric A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 25,800 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 25,800 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 25,800 options
Exercise price: $17.10 per share
Underlying shares: 25,800 shares
+3 more
6 metrics
Option grant size
25,800 options
Stock Option (Right to Buy) granted to director Eric A. Hughes
Exercise price
$17.10 per share
Exercise price for common stock underlying the option grant
Underlying shares
25,800 shares
Common Stock underlying the granted stock options
Expiration date
June 11, 2036
Option expiration date for the 25,800 granted options
Vesting date trigger
June 11, 2027 or next annual meeting
Earlier of the two dates when options vest, subject to continued service
Post-grant derivative holdings
25,800 options
Total stock options held directly after the reported grant
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, underlying security, +2 more
6 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price: "17.1000" per share"
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: "2036-06-11T00:00:00.000Z""
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.
underlying security financial
"underlying_security_title: "Common Stock""
vest and become exercisable financial
"The shares subject to this option shall vest and become exercisable in full upon the earlier to occur of (i) June 11, 2027 or (ii) the Issuer's next annual meeting"
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did Monte Rosa Therapeutics (GLUE) report for Eric A. Hughes?
Monte Rosa Therapeutics reported a grant of stock options to director Eric A. Hughes covering 25,800 shares of common stock at a $17.10 exercise price, expiring June 11, 2036, as part of his equity-based compensation.
How many Monte Rosa Therapeutics (GLUE) options were granted to Eric A. Hughes and at what price?
Eric A. Hughes received 25,800 stock options for Monte Rosa Therapeutics common stock with an exercise price of $17.10 per share, providing the right to buy the same number of underlying shares if the options vest and are exercised.
When do Eric A. Hughes’s Monte Rosa Therapeutics (GLUE) stock options vest?
The 25,800 stock options granted to Eric A. Hughes vest in full on the earlier of June 11, 2027 or Monte Rosa Therapeutics’ next annual stockholder meeting, provided he continues serving the company through that vesting date.
Are Eric A. Hughes’s Monte Rosa Therapeutics (GLUE) option grants open-market purchases?
No. The Form 4 shows a compensation-related grant of stock options to Eric A. Hughes, coded as an award acquisition. These are derivative securities with a $17.10 exercise price, not shares bought on the open market for cash.
What is Eric A. Hughes’s derivative position in Monte Rosa Therapeutics (GLUE) after this grant?
After the reported transaction, Eric A. Hughes directly holds stock options covering 25,800 shares of Monte Rosa Therapeutics common stock. These options vest in the future and expire on June 11, 2036 if not exercised after vesting.