Kiora Pharmaceuticals (KPRX) director granted 25,000 stock options at $2.63 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kiora Pharmaceuticals director David Hollander received a grant of stock options as compensation. He was awarded options covering 25,000 shares of common stock at an exercise price of $2.63 per share, issued under the company’s 2024 Equity Incentive Plan.
The options will become fully exercisable on June 10, 2027 and are scheduled to expire on June 10, 2036 if not exercised. After this grant, Hollander holds 25,000 stock options directly, giving him potential future ownership if the options are exercised.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hollander David
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
Option grant size: 25,000 options
Exercise price: $2.63 per share
Underlying shares: 25,000 shares
+3 more
6 metrics
Option grant size
25,000 options
Stock Option (right to buy) awarded to director
Exercise price
$2.63 per share
Exercise price for underlying common stock
Underlying shares
25,000 shares
Common Stock underlying the option grant
Vesting date
June 10, 2027
Date options become fully exercisable
Expiration date
June 10, 2036
Option term end if not exercised
Options held after grant
25,000 options
Total stock options following this transaction
Key Terms
Stock Option (right to buy), Equity Incentive Plan, Common Stock, exercise price
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
Equity Incentive Plan financial
"pursuant to the Issuer's 2024 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
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.
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.
FAQ
What did Kiora Pharmaceuticals (KPRX) disclose in this Form 4 filing?
Kiora Pharmaceuticals disclosed that director David Hollander received a grant of stock options for 25,000 shares of common stock at a $2.63 exercise price, issued under the 2024 Equity Incentive Plan as a compensation-related award.
What is the exercise price of David Hollander’s Kiora Pharmaceuticals stock options?
The stock options granted to David Hollander have an exercise price of $2.63 per share. This means he can buy Kiora Pharmaceuticals common stock at $2.63 per share once the options are vested and if he decides to exercise them.
When do David Hollander’s KPRX stock options vest and become exercisable?
According to the filing, David Hollander’s stock options will become fully exercisable on June 10, 2027. After that date, he can choose to exercise the options to buy Kiora Pharmaceuticals common shares at the fixed $2.63 exercise price.
When do David Hollander’s Kiora Pharmaceuticals stock options expire?
The stock options granted to David Hollander are scheduled to expire on June 10, 2036. If he does not exercise them by that date, the right to buy Kiora Pharmaceuticals common shares at $2.63 per share will lapse.
Is this KPRX Form 4 transaction an open-market purchase or a compensation grant?
This Form 4 reflects a compensation grant, not an open-market stock purchase. David Hollander received 25,000 stock options from Kiora Pharmaceuticals under the 2024 Equity Incentive Plan, with no cash paid and a $2.63 per-share exercise price set for future exercise.