Grace Therapeutics awards director 12,200 stock options
Grace Therapeutics director received a time-vested stock option grant covering 12,200 shares at a $2.13 exercise price.
Rhea-AI Filing Summary
Grace Therapeutics, Inc. (GRCE) director Edward Neugeboren received a grant of stock options for 12,200 shares of common stock on September 17, 2026. The options have an exercise price of $2.13 per share and expire on September 16, 2036. Half of the award vests immediately, with the remaining half vesting in substantially equal monthly installments over 12 months, subject to continuous service. No Rule 10b5-1 trading plan is reported for this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 12,200 shares
Grant/Award
1 txn
Insider
NEUGEBOREN EDWARD
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1 | 12,200 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 12,200 contracts (Direct)
Footnotes (1)
- F1. 50% of this option vests on the date of grant and the remaining 50% vests in substantially equal monthly installments over a 12-month period, subject to the Reporting Person's continuous service as of each vesting date.
Key Figures
Stock options granted: 12,200 options
Exercise price: $2.13 per share
Expiration date: September 16, 2036
+3 more
6 metrics
Stock options granted
12,200 options
Director grant reported for September 17, 2026
Exercise price
$2.13 per share
Exercise price for the 12,200 stock options
Expiration date
September 16, 2036
Expiration of the granted stock options
Immediate vesting portion
50%
Portion of the option that vests on the grant date
Remaining vesting period
12 months
Remaining 50% vests in substantially equal monthly installments
Options held after grant
12,200 options
Total stock options directly owned after the reported transaction
Key Terms
stock option, exercise price, vesting, continuous service
4 terms
stock option financial
"received a grant of stock options for 12,200 shares of common stock"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
"The options have an exercise price of $2.13 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.
vesting financial
"Half of the award vests immediately, with the remaining half vesting in monthly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continuous service financial
"subject to the Reporting Person's continuous service as of each vesting date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GRCE report for director Edward Neugeboren?
Grace Therapeutics reported that director Edward Neugeboren received a stock option grant for 12,200 shares of common stock on September 17, 2026, with an exercise price of $2.13 per share and an expiration date of September 16, 2036.
How do the new GRCE stock options for Edward Neugeboren vest?
For Grace Therapeutics, 50% of Edward Neugeboren’s option grant vests on the grant date. The remaining 50% vests in substantially equal monthly installments over a 12‑month period, subject to his continuous service on each vesting date.
What is the exercise price and term of the new GRCE options?
The stock options granted to Edward Neugeboren by Grace Therapeutics have an exercise price of $2.13 per share and an expiration date of September 16, 2036, giving them a term of approximately 10 years from the grant date.
How many GRCE derivative securities does Edward Neugeboren hold after this grant?
After the reported grant, Edward Neugeboren holds 12,200 stock options representing the right to acquire Grace Therapeutics common stock, all held as direct ownership according to the filing data.
Was the GRCE option grant to Edward Neugeboren made under a Rule 10b5-1 plan?
No. The filing indicates that the Rule 10b5-1 trading plan box is not checked, so the reported stock option grant to Edward Neugeboren was not affirmed as being made under a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.