Inhibrx Biosciences (INBX) director granted 15,000 stock options at $95.22
Rhea-AI Filing Summary
Inhibrx Biosciences, Inc. director Douglas Forsyth received a grant of stock options covering 15,000 shares of Common Stock. The options have an exercise price of $95.22 per share and expire on June 3, 2036.
According to the filing, the stock option will become fully exercisable on June 3, 2027, subject to Forsyth’s continued service through that date. Following this award, he holds 15,000 stock options directly, and the transaction reflects compensation rather than an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insights
Director received a routine stock option grant as equity compensation, with no open-market buying or selling.
Director Douglas Forsyth was granted stock options for 15,000 shares of Inhibrx Biosciences Common Stock at an exercise price of $95.22 per share. The transaction is coded as an acquisition via grant, not an open-market trade.
The options become fully exercisable on June 3, 2027, contingent on continued service, and expire on June 3, 2036. This aligns with standard long-term incentive design, tying compensation to future share price performance over a multi-year horizon.
Following the grant, Forsyth holds 15,000 options directly, and there are no additional derivative positions shown in this filing. The filing does not indicate any concurrent stock sales or tax-withholding events, reinforcing that this is a straightforward equity award.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 15,000 | $0.00 | -- |
Footnotes (1)
- [object Object]