Century Therapeutics (IPSC) awards 88,000 stock options to new director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Century Therapeutics, Inc. director Martin Patrick Murphy received a grant of stock options as equity compensation. The award covers 88,000 options for Common Stock with an exercise price of $0.592 per share, expiring on December 9, 2035.
The options were granted in connection with his appointment as a director and will vest in equal monthly installments over 36 months, conditioned on his continued service to the company. After this grant, he directly holds 88,000 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Murphy Martin Patrick
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 88,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 88,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 88,000 options
Exercise price: $0.592 per share
Expiration date: December 9, 2035
+2 more
5 metrics
Options granted
88,000 options
Stock Option grant to director on December 9, 2025
Exercise price
$0.592 per share
Exercise price for Century Therapeutics Common Stock
Expiration date
December 9, 2035
Option term under 2021 Equity Incentive Plan
Vesting schedule
36 monthly installments
Vests over 36 months subject to continued service
Post-grant derivative holdings
88,000 options
Total stock options held directly after this transaction
Key Terms
Stock Option (right to buy), 2021 Equity Incentive Plan, vest in equal monthly installments, underlying security
4 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
2021 Equity Incentive Plan financial
"are issued pursuant to the Company's 2021 Equity Incentive Plan"
vest in equal monthly installments financial
"The Options vest in equal monthly installments over 36 months"
underlying security financial
"underlying_security_title: "Common Stock""
FAQ
What insider transaction did Century Therapeutics (IPSC) report for Martin Patrick Murphy?
Century Therapeutics reported a grant of 88,000 stock options to director Martin Patrick Murphy. These options are compensation-related, not an open-market trade, and give him the right to buy Common Stock at a fixed exercise price over time.
What are the key terms of Martin Patrick Murphy’s stock options at Century Therapeutics (IPSC)?
Murphy received 88,000 stock options with an exercise price of $0.592 per share, expiring December 9, 2035. The options relate to Century Therapeutics Common Stock and were issued under the company’s 2021 Equity Incentive Plan as director compensation.
How do Martin Patrick Murphy’s options at Century Therapeutics (IPSC) vest?
The options vest in equal monthly installments over 36 months, subject to his continued service as a director. This means the award becomes exercisable gradually, aligning his compensation with ongoing board participation rather than a single immediate vesting event.
Is Martin Patrick Murphy’s Form 4 for Century Therapeutics (IPSC) a stock purchase or sale?
The Form 4 discloses an acquisition of derivative securities through a grant, not a market purchase or sale. Murphy received stock options as a compensation award, with no open-market buying or selling of Century Therapeutics Common Stock in this specific filing.
How many Century Therapeutics (IPSC) stock options does Martin Patrick Murphy hold after this grant?
Following the reported transaction, Murphy directly holds 88,000 stock options. These options give him the right to acquire an equal number of Century Therapeutics Common Stock shares at $0.592 per share if and when they vest and are exercised.