Grace Therapeutics (GRCE) director gets 10,000 options grant via Form 4
Rhea-AI Filing Summary
Grace Therapeutics director reports stock option grant. Director Brian A. Davis reported receiving a stock option to buy 10,000 shares of Grace Therapeutics, Inc. common stock on January 8, 2026 at an exercise price of $3.8 per share. The filing shows that 25% of the option vests on the grant date, with the remaining 75% vesting in substantially equal monthly installments on the 30th day of each month until September 30, 2026, subject to his continuous service. Following this grant, he beneficially owned 10,000 derivative securities directly.
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FAQ
What did Brian A. Davis report in his Form 4 for GRCE?
Brian A. Davis, a director of Grace Therapeutics, Inc. (GRCE), reported the grant of a stock option to purchase 10,000 shares of the company’s common stock.
What is the exercise price of the Grace Therapeutics stock options granted?
The reported stock option for Grace Therapeutics, Inc. common stock has an exercise price of $3.8 per share, as disclosed in the Form 4.
How do the 10,000 GRCE stock options granted to Brian A. Davis vest?
According to the footnote, 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 his continuous service.
How many derivative securities does Brian A. Davis own after this GRCE transaction?
Following the reported transaction, Brian A. Davis beneficially owned 10,000 derivative securities (stock options) of Grace Therapeutics, Inc., held directly.
What type of security is reported in this GRCE Form 4 filing?
The filing reports a derivative security described as a Stock Option (Right to Buy) Grace Therapeutics, Inc. common stock.
What role does Brian A. Davis hold at Grace Therapeutics, Inc. (GRCE)?
Brian A. Davis is reported as a director of Grace Therapeutics, Inc. in the Form 4 filing.