Inhibrx Biosciences (INBX) director granted 15,000 stock options at $95.22
Rhea-AI Filing Summary
Inhibrx Biosciences, Inc. director Kimberly Manhard received a grant of stock options covering 15,000 shares of common stock. The options carry an exercise price of $95.22 per share and will be fully exercisable on June 3, 2027, subject to her continued service through that date.
Following this grant, she holds stock options for 15,000 underlying shares directly. This award is compensation-related and was not an open-market purchase or sale of existing shares.
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Insights
Routine director option grant with future vesting, no open-market trading.
Inhibrx Biosciences granted director Kimberly Manhard stock options for 15,000 shares of common stock with a $95.22 exercise price. The award is classified as a grant or other acquisition, not a market transaction, and reflects standard equity-based compensation.
The options become fully exercisable on June 3, 2027, contingent on continued service. This structure aligns the director’s potential upside with future company performance over the vesting period, but does not itself change cash flow since the exercise, if it occurs, would come later.
The filing shows 15,000 option shares following this transaction, with no additional derivative positions listed. Future company disclosures would indicate if and when any portion of these options is exercised or if further equity awards are granted.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 15,000 | $0.00 | -- |
Footnotes (1)
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