Kalaris Therapeutics (KLRS) director receives 9,000-stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kalaris Therapeutics director Srinivas Akkaraju received a grant of options to buy 9,000 shares of common stock on June 3, 2026. The options have an exercise price of $4.72 per share and expire on June 2, 2036. The underlying 9,000 shares are scheduled to vest in full on the earlier of June 3, 2027 or the company’s 2027 Annual Meeting of Stockholders, subject to continued service. After this grant, the filing shows Akkaraju holding 9,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
AKKARAJU SRINIVAS
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 options
Exercise price: $4.72 per share
Underlying shares: 9,000 shares
+3 more
6 metrics
Option grant size
9,000 options
Grant to director on June 3, 2026
Exercise price
$4.72 per share
Stock option exercise price
Underlying shares
9,000 shares
Common stock underlying the options
Expiration date
June 2, 2036
Option expiration
Vesting date trigger
June 3, 2027 or 2027 meeting
Earlier of these dates, subject to continued service
Holdings after grant
9,000 options
Total stock options held directly post-transaction
Key Terms
Stock Option (Right to Buy), vest in full, Annual Meeting of Stockholders, Grant, award, or other acquisition
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
vest in full financial
"shares underlying the option are scheduled to vest in full"
Annual Meeting of Stockholders financial
"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 Kalaris Therapeutics (KLRS) director Srinivas Akkaraju receive in this Form 4?
Director Srinivas Akkaraju received a grant of stock options for 9,000 shares of Kalaris Therapeutics common stock. These options are a compensation award, not an open-market share purchase or sale, and give him the right to buy shares at a fixed exercise price.
What is the exercise price and size of the KLRS stock options granted to Akkaraju?
The grant covers 9,000 shares of Kalaris Therapeutics common stock at an exercise price of $4.72 per share. This means he can purchase those shares at $4.72 regardless of the market price when he exercises, once vesting conditions are met.
When do Srinivas Akkaraju’s Kalaris Therapeutics options vest?
The 9,000-share option grant is scheduled to vest in full on the earlier of June 3, 2027 or the date of Kalaris Therapeutics’ 2027 Annual Meeting of Stockholders. Vesting is explicitly subject to his continued service with the company through that vesting date.
When do the KLRS stock options granted to Akkaraju expire?
The stock options granted to Srinivas Akkaraju expire on June 2, 2036. After that expiration date, any unexercised options become worthless, so he must exercise vested options before then if he chooses to acquire the underlying shares.
Are these KLRS option transactions open-market buys or sells?
No, this Form 4 reflects a compensation-related grant of stock options, coded as a grant, award, or other acquisition. It does not show any open-market purchase or sale of Kalaris Therapeutics common shares by Srinivas Akkaraju.
How many Kalaris Therapeutics options does Akkaraju hold after this grant?
After this transaction, the Form 4 reports that Srinivas Akkaraju holds 9,000 stock options directly. These options correspond to 9,000 underlying shares of Kalaris Therapeutics common stock, all subject to the vesting schedule described in the footnote.