[Form 3] Genenta Science S.p.A. Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Genenta Science S.p.A. filed an initial ownership report for Chief Executive Officer and 10% owner Pierluigi Paracchi, showing his current equity position rather than any new trades. He reports direct ownership of 2,275,516 Ordinary Shares and 27,000 American Depositary Shares (ADSs), with each ADS representing one ordinary share.
The filing also lists several stock option grants over ADSs: options over 120,000 ADSs at an exercise price of $3.08 expiring in 2034, 80,000 ADSs at $4.36 expiring in 2035, and 180,000 ADSs at $1.48 expiring in 2035. According to the notes, these options vest in equal monthly installments over three years beginning on July 1, 2024, June 4, 2025, and December 18, 2025, respectively, indicating a multi-year equity incentive structure aligned with his leadership role.
Positive
- None.
Negative
- None.