Disc Medicine (NASDAQ: IRON) director receives grant of 6,212 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Disc Medicine, Inc. director Donald William Nicholson received a grant of stock options, giving him the right to buy 6,212 shares of common stock at an exercise price of $70.79 per share. These options expire on June 17, 2036 and vest upon the earlier of the company’s 2027 annual stockholder meeting or the one-year anniversary of the grant date, as long as he continues serving through that vesting date. Following this grant, he holds stock options covering 6,212 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nicholson Donald William
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 6,212 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 6,212 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 6,212 shares
Exercise price: $70.79 per share
Expiration date: June 17, 2036
+2 more
5 metrics
Options granted
6,212 shares
Stock Option (Right to Buy) grant to director
Exercise price
$70.79 per share
Stock option strike price
Expiration date
June 17, 2036
Option term end date
Underlying shares
6,212 shares
Common stock underlying the option
Post-transaction option holdings
6,212 shares
Total options following this grant
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, grant, award, or other acquisition, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 70.7900"
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.
expiration date financial
"expiration_date: 2036-06-17T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vest financial
"The shares underlying this option vest upon the first to occur"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Disc Medicine (IRON) report for Donald William Nicholson?
Disc Medicine reported a stock option grant to director Donald William Nicholson for 6,212 shares. The options are a compensation-related award, not an open-market purchase or sale, and give him the right to buy common stock at a fixed exercise price.
What is the exercise price and expiration date of Nicholson’s Disc Medicine options?
Nicholson’s options have an exercise price of $70.79 per share and expire on June 17, 2036. He can exercise them after vesting and before that expiration date, subject to the award’s other terms and conditions.
When do Donald Nicholson’s Disc Medicine (IRON) stock options vest?
The options vest on the earlier of Disc Medicine’s 2027 annual stockholder meeting or the one-year anniversary of the grant date. Vesting requires Nicholson to continue serving the company through that vesting date, as specified in the award footnote.
Is Nicholson’s Form 4 transaction in Disc Medicine stock a market buy or sell?
The Form 4 reflects a grant of stock options, not a market buy or sell of shares. It is classified as a grant or award acquisition, meaning it is part of his director compensation rather than an open-market trading decision.