Korro Bio (KRRO) director Ali Behbahani receives 14,677 stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Korro Bio director Ali Behbahani received a grant of stock options covering 14,677 shares of common stock at an exercise price of $10.59 per share. These options were awarded at no upfront cost and expire on June 9, 2036.
The options vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, subject to his continued service as a non-employee director. Following this award, Behbahani holds 14,677 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Behbahani Ali
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 14,677 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 14,677 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 14,677 options
Exercise price: $10.59 per share
Expiration date: June 9, 2036
+1 more
4 metrics
Options granted
14,677 options
Stock option award to director Ali Behbahani
Exercise price
$10.59 per share
Stock option strike price
Expiration date
June 9, 2036
Option term end date
Post-transaction options held
14,677 options
Total derivative holdings after 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: "10.5900""
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
"The shares subject to the option vest in full on the earlier of (i) the one-year anniversary of the grant date"
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
"the earlier of (i) the one-year anniversary of the grant date or (ii) the date of the next annual meeting of stockholders"
FAQ
What did Korro Bio (KRRO) director Ali Behbahani report in this Form 4?
Ali Behbahani reported receiving a grant of stock options for 14,677 shares of Korro Bio common stock. The options are a compensation award, not an open-market purchase, and give him the right to buy shares at a fixed exercise price of $10.59.
How many Korro Bio (KRRO) stock options did Ali Behbahani receive?
He received stock options covering 14,677 shares of Korro Bio common stock. This entire amount was granted in a single award, and his total derivative holdings after the transaction are 14,677 stock options held directly.
What is the exercise price and expiration date of Ali Behbahani’s Korro Bio options?
The options have an exercise price of $10.59 per share and expire on June 9, 2036. This means he can choose to purchase shares at $10.59 any time before the June 2036 expiration, once the options have vested.
When do Ali Behbahani’s Korro Bio (KRRO) stock options vest?
The options vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders. Vesting is conditioned on his continued service as a non-employee director through the applicable vesting date.
How significant is this Korro Bio (KRRO) Form 4 transaction?
The filing reflects a routine director compensation award of 14,677 stock options. It does not show any discretionary buying or selling activity, so it mainly updates investors on Ali Behbahani’s equity-based incentives and potential future share ownership.