Keros CEO granted 317,000 stock options
Keros Therapeutics reported that Chief Executive Officer Jasbir Seehra received grants of employee stock options covering a total of 317,000 shares of common stock.
Rhea-AI Filing Summary
Keros Therapeutics reported that Chief Executive Officer Jasbir Seehra received grants of employee stock options covering a total of 317,000 shares of common stock. One grant for 217,000 options vests over time, with one-fourth vesting on February 24, 2027 and the remainder in twelve equal quarterly installments thereafter, contingent on continued service.
The second grant for 100,000 options vests in four equal tranches based on stock price performance. Each one-fourth vests if the company’s share price closes at or above 125%, 150%, 175% and 200% of the exercise price, respectively, for 30 calendar days between February 24, 2026 and February 24, 2031, subject to Seehra’s continuous service. These are option awards, not open-market stock purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 217,000 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Option (right to buy) | 100,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. One-fourth (1/4th) of the shares subject to the option shall vest on February 24, 2027, and the remaining shares subject to the option shall vest in twelve substantially equal quarterly installments thereafter, subject to the Reporting Person continuing to provide service through each such date.
- F2. The shares subject to the option shall vest in one-fourth (1/4th) increments upon the closing price of the Issuer's common stock equaling or exceeding 125%, 150%, 175% and 200%, respectively, of the exercise price for 30 calendar days between February 24, 2026 and February 24, 2031, subject to the Reporting Person's continuous service through each vesting date.
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