Kalaris Therapeutics (KLRS) director receives stock options on 9,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kalaris Therapeutics director Leone D. Patterson received a new stock option grant covering 9,000 shares of common stock. The option has an exercise price of $4.72 per share and increases her directly held option position to 9,000 shares. The award was granted on June 3, 2026 and is scheduled to vest in full on the earlier of June 3, 2027 or the company’s 2027 annual stockholder meeting, as long as she continues in service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PATTERSON LEONE D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 9,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 9,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 9,000 shares
Exercise price: $4.72 per share
Post-grant option holdings: 9,000 shares
+2 more
5 metrics
Option grant size
9,000 shares
Stock options awarded June 3, 2026
Exercise price
$4.72 per share
Exercise price of granted stock options
Post-grant option holdings
9,000 shares
Total options held following transaction
Option expiration
June 2, 2036
Expiration date of stock option grant
Vesting date trigger
Earlier of June 3, 2027 or 2027 annual meeting
Full vesting schedule, subject to continued service
Key Terms
Stock Option, exercise price, vest in full, Annual Meeting of Stockholders, +1 more
5 terms
Stock Option financial
"The option was granted on June 3, 2026."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
"conversion_or_exercise_price: "4.7200""
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.
vest in full financial
"The shares underlying the option are scheduled to vest in full"
Annual Meeting of Stockholders regulatory
"the Issuer's 2027 Annual Meeting of Stockholders, subject to continued service."
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did Leone D. Patterson report in this Form 4 for Kalaris Therapeutics (KLRS)?
Leone D. Patterson reported receiving a stock option grant for 9,000 shares of Kalaris Therapeutics common stock. The award was granted on June 3, 2026 and represents a compensation-related acquisition, not an open-market stock purchase or sale.
What is the exercise price of Leone Patterson’s new KLRS stock options?
The new stock options have an exercise price of $4.72 per share. This means Patterson can buy up to 9,000 Kalaris Therapeutics common shares at $4.72 once the options vest and are exercised, subject to the award’s vesting and expiration terms.
How many KLRS stock options does Leone Patterson hold after this transaction?
After the reported transaction, Leone Patterson directly holds stock options covering 9,000 shares of Kalaris Therapeutics common stock. The filing does not show additional derivative positions, indicating this grant accounts for the derivative holdings reported in this Form 4.
When do Leone Patterson’s new Kalaris Therapeutics options vest?
The 9,000-share option grant is scheduled to vest fully on the earlier of June 3, 2027 or the company’s 2027 Annual Meeting of Stockholders. Vesting is conditioned on Patterson’s continued service with Kalaris Therapeutics through that vesting date.
Are Leone Patterson’s KLRS Form 4 transactions open-market buys or sells?
The Form 4 reports a compensation-related grant of stock options coded as an acquisition, not open-market trades. There are no reported open-market purchases or sales of Kalaris Therapeutics common stock in this filing, only the new option award.