Gyre Therapeutics (GYRE) awards director 40,000 stock options vesting to 2029
Rhea-AI Filing Summary
Gyre Therapeutics director Kirkby Maxwell received a grant of stock options covering 40,000 shares of common stock on August 3, 2026. The options have a $6.1100 exercise price, expire on August 3, 2036, and vest in 36 equal monthly installments through August 3, 2029, subject to continued service.
Positive
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Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kirkby Maxwell
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1 | 40,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 40,000 shares (Direct)
Footnotes (1)
- F1. This option represents a right to purchase a total of 40,000 shares of the Issuer's common stock, which will vest in 36 equal monthly installments through August 3, 2029, subject to the Reporting Person's continued service to the Issuer through each vesting date.
Key Figures
Option Shares Granted: 40000 shares
Exercise Price: $6.1100 per share
Vesting Schedule: 36 monthly installments
+1 more
4 metrics
Option Shares Granted
40000 shares
Stock options granted to director on August 3, 2026
Exercise Price
$6.1100 per share
Conversion or exercise price for the stock option
Vesting Schedule
36 monthly installments
Vests in 36 equal monthly installments through August 3, 2029
Expiration Date
August 3, 2036
Expiration date of the granted stock option
Key Terms
Stock Option (Right to Buy), exercise price, vesting, expiration date
4 terms
Stock Option (Right to Buy) financial
"Security title reported as "Stock Option (Right to Buy)" for the award"
exercise price financial
"Option reported with a conversion or exercise price of $6.1100 per share"
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
"Option will vest in 36 equal monthly installments through August 3, 2029"
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
"Option carries an expiration date reported as 2036-08-03"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction involving GYRE did director Kirkby Maxwell report?
Director Kirkby Maxwell reported receiving a grant of stock options on August 3, 2026, covering 40,000 shares of Gyre Therapeutics common stock. The award is a compensation-related acquisition, not an open-market trade.
What is the exercise price and expiration date of Maxwell's GYRE options?
Maxwell’s option has an exercise price of $6.1100 per share and an expiration date of August 3, 2036. He may exercise vested portions of the option any time before that expiration, subject to plan terms.
How do the GYRE stock options granted to Kirkby Maxwell vest?
The option will vest in 36 equal monthly installments through August 3, 2029. Vesting is conditioned on Maxwell’s continued service to Gyre Therapeutics through each vesting date, meaning unvested portions could be forfeited if service ends.
Is Kirkby Maxwell's GYRE Form 4 transaction a purchase or a grant?
The Form 4 reports a grant/award acquisition of stock options, coded “A,” rather than a market purchase. Maxwell did not buy shares in the open market; he received options as part of his director compensation.