Kalaris Therapeutics (KLRS) director receives stock options for 9,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kalaris Therapeutics director David Hallal 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 was granted as compensation rather than a market purchase.
The option 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, conditioned on his continued service. Following this grant, Hallal holds options for 9,000 underlying shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hallal David
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
Expiration date: June 2, 2036
3 metrics
Option grant size
9,000 shares
Stock Option (Right to Buy) granted to director
Exercise price
$4.72 per share
Conversion/exercise price for the 9,000-share option
Expiration date
June 2, 2036
Option expiration for Hallal’s grant
Key Terms
Stock Option (Right to Buy), exercise price, vesting, Annual Meeting of Stockholders
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
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.
vesting financial
"shares underlying the option are scheduled to vest in full"
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.
Annual Meeting of Stockholders financial
"earlier of (i) June 3, 2027 or (ii) the date of the Issuer's 2027 Annual Meeting of Stockholders"
FAQ
What did Kalaris Therapeutics (KLRS) director David Hallal report on this Form 4?
David Hallal reported receiving a stock option grant for 9,000 shares of Kalaris Therapeutics common stock. The grant is compensation-related, not an open-market share purchase, and gives him the right to buy shares at a fixed exercise price in the future.
What is the exercise price and expiration date of David Hallal’s KLRS stock options?
The options have an exercise price of $4.72 per share and expire on June 2, 2036. This means Hallal can choose to buy up to 9,000 shares at $4.72 any time after vesting and before the June 2036 expiration.
When do David Hallal’s Kalaris Therapeutics (KLRS) options vest?
The options are scheduled to vest in full on the earlier of June 3, 2027 or the company’s 2027 annual stockholder meeting. Vesting is subject to Hallal’s continued service with Kalaris Therapeutics through that date, according to the filing footnote.
How many Kalaris Therapeutics (KLRS) options does Hallal hold after this grant?
After this grant, Hallal directly holds options representing 9,000 underlying shares of Kalaris Therapeutics common stock. The filing’s totals reflect this new award and show no additional derivative positions reported beyond this grant in the current Form 4.