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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.

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  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.
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
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.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
NEUGEBOREN EDWARD

(Last)(First)(Middle)
C/O GRACE THERAPEUTICS, INC.
103 CARNEGIE CENTER, SUITE 300

(Street)
PRINCETON NEW JERSEY 08540

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Grace Therapeutics, Inc. [ GRCE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$2.1309/17/2026A12,200 (1)09/16/2036Common Stock12,200$012,200D
Explanation of Responses:
1. 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.
/s/ Robert DelAversano as attorney-in-fact for Edward Neugeboren09/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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