Director Dan Weng receives 40,000-share option grant at GYRE (NASDAQ: GYRE)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GYRE THERAPEUTICS, INC. director Dan Weng received a stock option grant covering 40,000 shares of common stock. The option has an exercise price of $5.95 per share and expires on June 10, 2036.
The award vests in 12 equal monthly installments through June 10, 2027, conditioned on continued service. After this grant, Weng holds stock options for 40,000 underlying shares directly, reflecting routine equity-based compensation rather than an open-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weng Dan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 40,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 40,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 40,000 shares
Exercise price: $5.95 per share
Total options after grant: 40,000 options
+2 more
5 metrics
Option grant size
40,000 shares
Underlying GYRE common stock in new option award
Exercise price
$5.95 per share
Stock option strike price
Total options after grant
40,000 options
Total derivative securities following transaction
Vesting schedule
12 monthly installments
Vesting through June 10, 2027, subject to continued service
Expiration date
June 10, 2036
Option term end date
Key Terms
Stock Option (Right to Buy), exercise price, vest in 12 equal monthly installments, expiration date, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price: "5.9500""
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.
vest in 12 equal monthly installments financial
"which will vest in 12 equal monthly installments through June 10, 2027"
expiration date financial
"expiration_date: "2036-06-10T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
underlying security financial
"underlying_security_title: "Common Stock""
FAQ
What did GYRE director Dan Weng report in this Form 4 filing?
Dan Weng reported receiving a stock option grant for 40,000 shares of GYRE common stock. The option is a compensation award, not an open-market trade, and gives him the right to buy shares at a fixed exercise price if it vests.
What are the key terms of Dan Weng’s GYRE stock option grant?
The grant covers 40,000 underlying GYRE common shares with a $5.95 exercise price and a June 10, 2036 expiration. These terms define how many shares he can buy, at what price, and how long the right lasts.
How does the GYRE stock option granted to Dan Weng vest over time?
The option vests in 12 equal monthly installments through June 10, 2027. Each month, a portion becomes exercisable, provided Weng continues serving the company through each vesting date, aligning ongoing service with equity compensation.
Is Dan Weng’s GYRE Form 4 transaction an open-market stock purchase or sale?
No, this Form 4 reports a compensation-related option grant, not an open-market buy or sell. Code “A” indicates a grant or award acquisition, meaning the company awarded options rather than Weng trading existing shares on the market.