Jupiter Neurosciences (JUNS) grants 536,428 stock options to board director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JUPITER NEUROSCIENCES, INC. director Tomas Jan Philipson received a grant of stock options as board compensation. He was awarded 536,428 stock options, each for one share of common stock at an exercise price of $0.21 per share. Of this grant, 90,000 options relate to his appointment to the Board of Directors, and 446,428 options were granted instead of cash for his annual board retainer and committee fees. The options vest in 12 equal quarterly installments beginning on September 2, 2026, as long as he continues to serve as a director through each vesting date, and are scheduled to expire on June 29, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Philipson Tomas Jan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 536,428 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 536,428 shares (Direct, null)
Footnotes (1)
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Key Figures
Options granted: 536,428 options
Exercise price: $0.21 per share
Appointment-related options: 90,000 options
+3 more
6 metrics
Options granted
536,428 options
Stock option grant to director
Exercise price
$0.21 per share
Stock option exercise price
Appointment-related options
90,000 options
Granted for Board of Directors appointment
Options in lieu of cash
446,428 options
In lieu of annual board retainer and committee fees
Vesting schedule
12 quarterly installments
Beginning September 2, 2026
Expiration date
June 29, 2036
Option expiration
Key Terms
stock options, 2025 Equity Incentive Plan, annual board retainer, vesting
4 terms
stock options financial
"Represents a grant of 536,428 stock options (each representing the right to purchase one share of Common Stock)"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
2025 Equity Incentive Plan financial
"under the Issuer's 2025 Equity Incentive Plan"
annual board retainer financial
"granted in lieu of cash compensation otherwise payable as an annual board retainer and committee fees"
vesting financial
"The options vest in 12 equal quarterly installments beginning September 2, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did JUNS director Tomas Jan Philipson receive in this Form 4?
He received a grant of 536,428 stock options, each representing the right to purchase one share of common stock at $0.21 per share. These options are part of his board compensation package rather than an open-market purchase.
How is the 536,428-option grant for JUNS director Philipson structured?
The grant includes 90,000 options tied to his appointment to the Board and 446,428 options granted in lieu of cash board retainer and committee fees. All options share the same $0.21 exercise price and vesting schedule.
When do Tomas Jan Philipson’s JUNS stock options vest?
The options vest in 12 equal quarterly installments, starting on September 2, 2026. Vesting is subject to his continued service as a director through each vesting date, meaning he must remain on the board for options to continue vesting.
What is the exercise price and expiration for JUNS options granted to Philipson?
Each option has an exercise price of $0.21 per share and is scheduled to expire on June 29, 2036. This defines the cost to convert each option into common stock and the final date by which exercises can occur.
Are the JUNS options granted to Philipson part of an equity plan?
Yes. The 536,428 stock options were granted under the company’s 2025 Equity Incentive Plan. This plan governs equity-based compensation for eligible participants, including directors, and sets terms for grants, vesting, and other conditions.