Genenta Science (GNTA) grants CFO 80,000 stock options at $0.63
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genenta Science S.p.A. reported that Chief Financial Officer Richard B. Slansky received a grant of stock options covering 80,000 American Depositary Shares. The options have an exercise price of $0.63 per share and expire on December 31, 2035.
The award was granted at no cost and is a compensation-related acquisition, not an open-market purchase. According to the footnote, the options vest in equal monthly installments over three years beginning March 30, 2026, and all 80,000 options were reported as held directly following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SLANSKY RICHARD B
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 80,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 80,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 80,000 options
Exercise price: $0.63 per share
Underlying ADS: 80,000 American Depositary Shares
+3 more
6 metrics
Options granted
80,000 options
Stock Option (right to buy) grant to CFO
Exercise price
$0.63 per share
Option conversion or exercise price
Underlying ADS
80,000 American Depositary Shares
Shares subject to the option award
Expiration date
December 31, 2035
Option term end date
Vesting schedule
3 years monthly
Equal monthly vesting starting March 30, 2026
Holdings after grant
80,000 derivative securities
Total stock options held following transaction
Key Terms
Stock Option (right to buy), American Depositary Shares, vest in equal monthly installments, Chief Financial Officer
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
vest in equal monthly installments financial
"The stock options vest in equal monthly installments over three years"
Chief Financial Officer financial
"officer_title: Chief Financial Officer"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
FAQ
What did Genenta Science (GNTA) disclose about its CFO in this Form 4?
Genenta Science disclosed that its Chief Financial Officer, Richard B. Slansky, received a grant of stock options for 80,000 American Depositary Shares at a $0.63 exercise price, expiring December 31, 2035, as part of his compensation.
How many Genenta Science (GNTA) options were granted to the CFO?
The CFO received stock options covering 80,000 American Depositary Shares. These options were granted at no cost on the grant date and represent a derivative, compensation-related award rather than an open-market purchase of Genenta Science stock.
What is the exercise price of the CFO’s Genenta Science (GNTA) stock options?
The stock options granted to the CFO have an exercise price of $0.63 per share. This is the price at which he can buy American Depositary Shares if he exercises the options during the option term.
When do the Genenta Science (GNTA) CFO stock options vest?
According to the filing footnote, the stock options vest in equal monthly installments over three years beginning March 30, 2026. This means the CFO gains the right to exercise a portion of the options each month over that period.
When do the Genenta Science (GNTA) CFO stock options expire?
The stock options granted to the CFO expire on December 31, 2035. After this expiration date, any unexercised options will lapse, and the right to purchase Genenta Science American Depositary Shares under this grant will end.
Is the Genenta Science (GNTA) CFO’s Form 4 transaction a market purchase or a grant?
The transaction is a grant of stock options, not a market purchase. It is reported under code A as a grant, award, or other acquisition, and reflects compensation rather than the CFO buying shares on the open market.