Director at Guided Therapeutics (GTHP) receives 110,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GUIDED THERAPEUTICS INC director James Michael C received a grant of stock options covering 110,000 shares of common stock. The options have an exercise price of $0.29 per share and expire on March 9, 2036.
According to the vesting terms, one-fourth of the options vested on March 10, 2026. The remaining options will vest in monthly installments starting on June 10, 2026, subject to his continued service, until full vesting on March 10, 2029. After this grant, he holds 110,000 stock options directly as reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JAMES MICHAEL C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 110,000 | $0.00 | -- |
Holdings After Transaction:
Stock Options — 110,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 110,000 options
Exercise price: $0.29 per share
Expiration date: March 9, 2036
+3 more
6 metrics
Options granted
110,000 options
Stock options covering 110,000 shares of common stock
Exercise price
$0.29 per share
Conversion or exercise price of the stock options
Expiration date
March 9, 2036
Option term end date for the granted stock options
Initial vesting
25% on March 10, 2026
One-fourth of the options vest on March 10, 2026
Final vesting date
March 10, 2029
Award fully vested by March 10, 2029 with monthly vesting
Post-transaction holdings
110,000 options
Total stock options directly held after the grant
Key Terms
Stock Options, Common Stock, vesting
3 terms
Stock Options financial
"security_title: Stock Options granted to the director"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Common Stock financial
"underlying_security_title: Common Stock linked to the options"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vesting financial
"shares subject to the award vested on March 10, 2026; the remaining shares will vest monthly"
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.
FAQ
What insider transaction did Guided Therapeutics (GTHP) report for James Michael C?
Guided Therapeutics reported that director James Michael C received a grant of 110,000 stock options. The award is compensation, not an open-market purchase, and gives him the right to buy common shares at a fixed exercise price if vesting and other conditions are met.
What are the key terms of the 110,000 stock options granted at GTHP?
The grant covers 110,000 stock options with an exercise price of $0.29 per share and an expiration date of March 9, 2036. These options relate to Guided Therapeutics common stock and represent a long-dated equity incentive for the director’s future service.
How do the Guided Therapeutics (GTHP) director’s options vest over time?
One-fourth of the options vested on March 10, 2026. The remaining options vest in monthly installments beginning June 10, 2026, continuing until full vesting on March 10, 2029, provided the director remains in service on each scheduled vesting date.
What is the director’s reported position after this GTHP option grant?
Following the transaction, the director is reported as directly holding 110,000 stock options. These options are tied to Guided Therapeutics common stock and become exercisable over the vesting schedule through March 10, 2029, subject to continued service conditions.
When do the newly granted Guided Therapeutics (GTHP) options expire?
The stock options granted to the director expire on March 9, 2036. After that date, any unexercised options become worthless, so the director must satisfy vesting conditions and exercise before expiration to convert them into Guided Therapeutics common shares.