CEO of Gyre Therapeutics (NASDAQ: GYRE) receives 120,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GYRE THERAPEUTICS, INC. reported that Chief Executive Officer Luo Ying received a grant of stock options covering 120,000 shares of common stock. The options have an exercise price of $6.05 per share and expire on June 8, 2036.
According to the grant terms, 25% of the options will vest on June 8, 2027, with the remaining options vesting in equal monthly installments over the following three years, subject to Luo Ying’s continued service. Following this award, the filing shows 120,000 derivative securities held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Luo Ying
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 120,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 120,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 120,000 options
Exercise price: $6.05 per share
Expiration date: June 8, 2036
+3 more
6 metrics
Option grant size
120,000 options
Stock Option (Right to Buy) granted to CEO on June 8, 2026
Exercise price
$6.05 per share
Conversion or exercise price of granted options
Expiration date
June 8, 2036
Option expiration for CEO grant
Underlying shares
120,000 shares
Common stock underlying the option grant
Post-grant derivative holdings
120,000 derivatives
Total derivative securities following transaction
Initial vesting tranche
25% on June 8, 2027
First vesting date and proportion of options
Key Terms
Stock Option (Right to Buy), exercise price, vesting, expiration date
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 6.0500"
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
"25% of which will vest on June 8, 2027, with the remaining vesting in equal 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.
expiration date financial
"expiration_date: 2036-06-08T00:00:00.000Z"
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.
FAQ
What did GYRE CEO Luo Ying report in this Form 4?
Luo Ying reported receiving a stock option grant for 120,000 shares of Gyre Therapeutics common stock at a $6.05 exercise price, expiring June 8, 2036, as part of equity-based compensation.
How many stock options did GYRE grant to its CEO?
Gyre Therapeutics granted CEO Luo Ying options for 120,000 underlying common shares. These options vest over four years, beginning with 25% on June 8, 2027, then monthly installments for the remaining three years.
What is the exercise price of Luo Ying’s GYRE stock options?
The exercise price of Luo Ying’s stock options is $6.05 per share. This is the price at which the CEO can purchase Gyre Therapeutics common stock once the options vest and are exercisable.
When do the GYRE CEO stock options vest?
Twenty-five percent of the options vest on June 8, 2027. The remaining 75% vest in equal monthly installments over the next three years, contingent on Luo Ying’s continued service with Gyre Therapeutics.
How many derivative securities does the GYRE CEO hold after this grant?
After this grant, the Form 4 shows Luo Ying holding 120,000 derivative securities. These represent stock options giving the right to buy an equal number of Gyre Therapeutics common shares if exercised.