Grace Therapeutics (NASDAQ: GRCE) director granted 10,000 options
Rhea-AI Filing Summary
Grace Therapeutics, Inc. director Kottayil George reported a grant of a stock option covering 10,000 shares of common stock of Grace Therapeutics. The option, with an exercise price of $3.8 per share, was awarded on January 8, 2026 and is held directly.
According to the vesting terms, 25% of the option vests on the grant date, and the remaining 75% vests in substantially equal monthly installments on the 30th day of each month until September 30, 2026, subject to George’s continued service on each vesting date.
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FAQ
What insider transaction did Grace Therapeutics (GRCE) report in this Form 4?
The filing reports that director Kottayil George received a grant of a stock option (right to buy) for 10,000 shares of Grace Therapeutics common stock on January 8, 2026.
What are the key terms of Kottayil George’s stock option grant at Grace Therapeutics (GRCE)?
The option covers 10,000 shares of common stock at an exercise price of $3.8 per share. It is reported as held directly by the director.
How does the stock option granted to Kottayil George vest at Grace Therapeutics (GRCE)?
25% of the option vests on the grant date, and the remaining 75% vests in substantially equal monthly installments on the 30th of each month until September 30, 2026, subject to his continuous service.
What is the total number of derivative securities Kottayil George holds after this transaction?
After the reported transaction, Kottayil George beneficially owns 10,000 stock options related to Grace Therapeutics common stock.
What role does the reporting person hold at Grace Therapeutics (GRCE)?
The reporting person, Kottayil George, is identified in the filing as a director of Grace Therapeutics, Inc.