Korro Bio director receives 14,677-share option grant
Korro Bio director Jean Francois Formela received a stock option grant as equity compensation.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Korro Bio director Jean Francois Formela received a stock option grant as equity compensation. The award covers 14,677 shares of common stock at an exercise price of $10.59 per share and expires on June 9, 2036. The option vests in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, provided he continues serving as a non-employee director through that vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 14,677 | $0.00 | $0.00 |
Footnotes (1)
- F1. The shares subject to the option vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) the date of the next annual meeting of stockholders, subject to continued service as a non-employee director through the applicable vesting date.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
exercise price financial
non-employee director financial
annual meeting of stockholders financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Korro Bio (KRRO) director Jean Francois Formela report on this Form 4?
What is the exercise price and expiration date of Formela’s Korro Bio option grant?
When do Jean Francois Formela’s Korro Bio options vest?
Is this Korro Bio (KRRO) Form 4 an insider purchase or a compensation award?
AI-generated analysis. How Rhea-AI works. Not financial advice.