Gossamer Bio reprices CMO stock options
Gossamer Bio, Inc. reported that Chief Medical Officer Richard Aranda had a one-time repricing of certain outstanding stock options effective March 19, 2026.
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Rhea-AI Filing Summary
Gossamer Bio, Inc. reported that Chief Medical Officer Richard Aranda had a one-time repricing of certain outstanding stock options effective March 19, 2026. A series of existing options were surrendered back to the company and replaced with new options covering the same numbers of shares, but with a reduced exercise price of $0.45 per share.
According to the disclosure, all other terms and conditions of the repriced options, including vesting schedules and expiration dates under the 2019 Incentive Award Plan, remain unchanged and continue to depend on his ongoing service with the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Option (Right to Buy) | 562,500 | $0.00 | $0.00 |
| Disposition | Stock Option (Right to Buy) | 572,000 | $0.00 | $0.00 |
| Disposition | Stock Option (Right to Buy) | 487,500 | $0.00 | $0.00 |
| Disposition | Stock Option (Right to Buy) | 162,500 | $0.00 | $0.00 |
| Disposition | Stock Option (Right to Buy) | 157,500 | $0.00 | $0.00 |
| Disposition | Stock Option (Right to Buy) | 157,500 | $0.00 | $0.00 |
| Disposition | Stock Option (Right to Buy) | 126,667 | $0.00 | $0.00 |
| Disposition | Stock Option (Right to Buy) | 20,000 | $0.00 | $0.00 |
| Disposition | Stock Option (Right to Buy) | 40,000 | $0.00 | $0.00 |
| Disposition | Stock Option (Right to Buy) | 22,784 | $0.00 | $0.00 |
| Disposition | Stock Option (Right to Buy) | 9,167 | $0.00 | $0.00 |
| Disposition | Stock Option (Right to Buy) | 30,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 562,500 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 572,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 487,500 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 162,500 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 157,500 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 157,500 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 126,667 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 20,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 40,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 22,784 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 9,167 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) | 30,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Effective as of March 19, 2026 (the "Repricing Date"), the Issuer approved a one-time repricing of certain outstanding stock options (the "Repriced Options") granted under the Issuer's 2019 Incentive Award Plan (the "2019 Plan"), which reduced the per share exercise price of each Repriced Option to $0.45 (the "Option Repricing"). Except as modified by the Option Repricing, all other terms and conditions of the Repriced Options, including, without limitation, any provisions with respect to vesting and term of the Repriced Options, remain in full force and effect.
- F2. This stock option award was issued pursuant to the 2019 Plan and becomes exercisable in accordance with the vesting schedule specified in the award agreement and as previously reported on applicable Form 4, subject to the Reporting Person's continued service with the Issuer as of the applicable vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did the GOSS Form 4 filing disclose about Richard Aranda’s options?
Was this a new stock option grant for Gossamer Bio (GOSS) CMO Aranda?
How were Gossamer Bio CMO Richard Aranda’s stock options repriced?
Did the GOSS Form 4 indicate any open-market stock sales or purchases?
What role does Gossamer Bio’s 2019 Incentive Award Plan play in this Form 4?
Are the repriced GOSS stock options subject to continued service requirements?
AI-generated analysis. How Rhea-AI works. Not financial advice.