Inhibrx director granted 10,000 options at $95.22
Amended Form 4 for Inhibrx Biosciences corrects director stock option grant to 10,000 options at a $95.22 exercise price, vesting in 2027.
Rhea-AI Filing Summary
Inhibrx Biosciences, Inc. (INBX) reports that director Jon Faiz Kayyem received a corrected grant of 10,000 stock options on June 3, 2026, at an exercise price of $95.22 per share. These options become fully exercisable on June 3, 2027, and expire on June 3, 2036, with 10,000 options held directly after the grant. The amended Form 4 restates a prior filing to correct the number of options granted, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 10,000 shares
Grant/Award
1 txn
Insider
Kayyem Jon Faiz
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1 | 10,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 10,000 contracts (Direct)
Footnotes (1)
- F1. This stock option will be fully exercisable on June 3, 2027, subject to the reporting person's continued service through such date.
Key Figures
Stock options granted: 10,000 options
Exercise price: $95.22 per share
Options exercisable date: June 3, 2027
+2 more
5 metrics
Stock options granted
10,000 options
Grant to director on June 3, 2026
Exercise price
$95.22 per share
Exercise price of stock option grant
Options exercisable date
June 3, 2027
Date options become fully exercisable, subject to continued service
Expiration date
June 3, 2036
Expiration of stock options granted
Options held after transaction
10,000 options
Total stock options held directly following the grant
Key Terms
Stock Option (right to buy), exercise price, fully exercisable, expiration date
4 terms
Stock Option (right to buy) financial
"The security reported is a Stock Option (right to buy) common stock"
exercise price financial
"The options have an exercise price of 95.2200 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.
fully exercisable financial
"This stock option will be fully exercisable on June 3, 2027"
expiration date financial
"The option carries an expiration date of June 3, 2036"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did INBX report in this amended Form 4?
INBX reported that director Jon Faiz Kayyem received a grant of 10,000 stock options on June 3, 2026, as a compensation-related acquisition of derivative securities.
What is the exercise price of the stock options granted to the INBX director?
The stock options granted to the INBX director have an exercise price of $95.22 per share, meaning they can be used to buy common stock at that price once exercisable.
When do the INBX stock options for Jon Faiz Kayyem vest and expire?
The stock options for Jon Faiz Kayyem become fully exercisable on June 3, 2027, subject to continued service through that date, and expire on June 3, 2036.
How many INBX options does the director hold after this transaction?
After this transaction, the director holds 10,000 stock options directly, each exercisable for one share of Inhibrx Biosciences common stock, according to the filing.
Why did Inhibrx Biosciences file an amended Form 4 for INBX?
The amended Form 4 was filed to correct the number of options granted to the reporting person, restating the original June 4, 2026 Form 4 due to an administrative error.
Were the INBX option transactions made under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported in connection with this stock option grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.