Director Clive Meanwell gets 22,500 options at Fractyl Health (GUTS)
Rhea-AI Filing Summary
FRACTYL HEALTH, INC. director Clive Meanwell received a grant of stock options as part of his non-employee director compensation. The award covers 22,500 options for common stock at an exercise price of $0.7318 per share, expiring on June 9, 2036.
The options vest in a single installment on the earlier of the next annual meeting of stockholders or the first anniversary of the grant date, assuming continued service on the board. Following this grant, Meanwell holds 22,500 stock options directly, with no open-market purchases or sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MEANWELL CLIVE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 22,500 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option — 22,500 shares (Direct)
Footnotes (1)
- F1. The stock option was awarded as compensation for the Reporting Person's service on the Issuer's board of directors pursuant to the Issuer's non-employee director compensation policy. The stock option will vest and become exercisable in a single installment on the earlier of (i) the date of the next annual meeting of stockholders or (ii) the first anniversary of the grant, in each case subject to continued service on the Issuer's board of directors as a non-employee director through the vesting date.
Key Figures
Options granted: 22,500 options
Exercise price: $0.7318 per share
Expiration date: June 9, 2036
+2 more
5 metrics
Options granted
22,500 options
Stock option award to director on June 10, 2026
Exercise price
$0.7318 per share
Strike price for the 22,500 stock options
Expiration date
June 9, 2036
Option term for director grant
Underlying shares
22,500 shares
Common stock underlying the stock options
Holdings after grant
22,500 options
Total options held following this transaction
Key Terms
Stock Option, non-employee director compensation policy, vest and become exercisable, annual meeting of stockholders, +1 more
5 terms
Stock Option financial
"The stock option was awarded as compensation for the Reporting Person's service"
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.
non-employee director compensation policy financial
"pursuant to the Issuer's non-employee director compensation policy"
vest and become exercisable financial
"The stock option will vest and become exercisable in a single installment"
annual meeting of stockholders financial
"on the earlier of (i) the date of the next annual meeting of stockholders"
grant financial
"the first anniversary of the grant, in each case subject to continued service"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did FRACTYL HEALTH (GUTS) director Clive Meanwell report on this Form 4?
Clive Meanwell reported receiving a grant of 22,500 stock options as director compensation. These options give him the right to buy FRACTYL HEALTH common stock at a fixed exercise price if vesting and other conditions are met.
How many FRACTYL HEALTH (GUTS) stock options were granted and at what exercise price?
The filing shows a grant of 22,500 stock options with an exercise price of $0.7318 per share. This means Meanwell can later purchase FRACTYL HEALTH common stock at that price once the options vest and before they expire.
When do Clive Meanwell’s FRACTYL HEALTH (GUTS) stock options vest?
The options vest in a single installment on the earlier of the next annual meeting of stockholders or the first anniversary of the grant. Vesting is conditional on Meanwell continuing to serve as a non-employee director on FRACTYL HEALTH’s board through that date.
What is the expiration date of the FRACTYL HEALTH (GUTS) stock options granted to Clive Meanwell?
The options expire on June 9, 2036, according to the filing. After that expiration date, any unexercised options will lapse, and Meanwell will no longer have the right to buy FRACTYL HEALTH common stock at the stated exercise price.
How many FRACTYL HEALTH (GUTS) stock options does Clive Meanwell hold after this grant?
After this grant, the total number of stock options reported as held is 22,500. This figure reflects the options covered by the award described in the Form 4 and represents his reported derivative holdings immediately following the transaction.