Director at Kiora (KPRX) receives 25,000 stock options at $2.63 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kiora Pharmaceuticals director Erin Parsons reported a compensation-related stock option grant. She received options to buy 25,000 shares of Kiora common stock at an exercise price of $2.63 per share under the company’s 2024 Equity Incentive Plan.
The options will become fully exercisable on June 10, 2027 and expire on June 10, 2036. After this grant, Parsons holds options covering 25,000 shares. This is an award, not an open-market purchase or sale of stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parsons Erin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 25,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 25,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock options granted: 25,000 options
Exercise price: $2.63 per share
Underlying shares: 25,000 shares
+3 more
6 metrics
Stock options granted
25,000 options
Grant to director Erin Parsons
Exercise price
$2.63 per share
Stock option strike price
Underlying shares
25,000 shares
Common stock subject to options
Vesting date
June 10, 2027
Options become fully exercisable
Expiration date
June 10, 2036
Option term end
Options held after grant
25,000 options
Total derivative holdings reported
Key Terms
Stock Option (right to buy), 2024 Equity Incentive Plan, exercise price, Common Stock
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
2024 Equity Incentive Plan financial
"pursuant to the Issuer's 2024 Equity Incentive Plan."
exercise price financial
"conversion_or_exercise_price: 2.6300"
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.
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Kiora Pharmaceuticals (KPRX) report for Erin Parsons?
Kiora Pharmaceuticals reported that director Erin Parsons received a grant of stock options for 25,000 shares of common stock at a $2.63 exercise price. The award is part of the company’s 2024 Equity Incentive Plan and represents compensation, not an open-market trade.
When do Erin Parsons’ Kiora Pharmaceuticals stock options vest and expire?
Erin Parsons’ stock options become fully exercisable on June 10, 2027, giving her the right to purchase 25,000 Kiora shares at $2.63 each. The options expire on June 10, 2036, providing a long exercise window once they are vested and exercisable under the plan.
Are there any open-market buys or sells in this KPRX Form 4 filing?
No open-market buys or sells are reported in this Form 4. The filing shows a grant of stock options to director Erin Parsons as compensation. The transaction is coded as an acquisition (grant/award) with a $2.63 exercise price, rather than a market trade in existing shares.
What plan governs Erin Parsons’ Kiora Pharmaceuticals stock option grant?
Erin Parsons’ stock option grant was made under Kiora Pharmaceuticals’ 2024 Equity Incentive Plan. This plan allows the company to grant options and other equity awards to align directors’ and employees’ interests with shareholders by tying compensation to future stock performance and service.
What is Erin Parsons’ reported option holding after this KPRX transaction?
Following this transaction, Erin Parsons is reported to hold options covering 25,000 shares of Kiora Pharmaceuticals common stock directly. These options have a $2.63 exercise price, become fully exercisable on June 10, 2027, and expire on June 10, 2036 if not exercised before then.