Korro Bio (KRRO) COO awarded 38,000-share stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Korro Bio, Inc. reported that Chief Operating Officer Todd Chappell received a stock option award for 38,000 derivative securities described as a stock option (right to buy) common stock. The option has an exercise price of $13.05 per share and was granted on February 2, 2026.
The grant was made for no purchase price and leaves Chappell with 38,000 stock options beneficially owned directly. These options expire on February 1, 2036 and vest in 48 equal monthly installments starting February 2, 2026, conditioned on his continued service at each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chappell Todd
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 38,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 38,000 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Korro Bio (KRRO) report for its COO?
Korro Bio reported a stock option grant to Chief Operating Officer Todd Chappell. He received options covering 38,000 shares of common stock at a $13.05 exercise price, expiring February 1, 2036, as part of his equity compensation.
What is the exercise price of the Korro Bio (KRRO) COO’s stock options?
The exercise price of the stock options granted to Korro Bio’s Chief Operating Officer is $13.05 per share. This means he can buy up to 38,000 common shares at that fixed price if and when options vest.
When do the Korro Bio (KRRO) COO’s new stock options vest?
The options vest in 48 equal monthly installments starting February 2, 2026. Each monthly vesting is conditioned on Todd Chappell’s continued service with Korro Bio on the applicable vesting date, spreading vesting over four years.
When do the newly granted Korro Bio (KRRO) stock options expire?
The stock options granted to Korro Bio’s Chief Operating Officer expire on February 1, 2036. After that date, any unexercised portion of the 38,000-share option grant can no longer be used to purchase common stock.
Does the Korro Bio (KRRO) Form 4 show direct or indirect ownership of the options?
The Form 4 shows that the 38,000 stock options are held as direct ownership. There is no referenced intermediary entity, and the filing lists Todd Chappell as the direct beneficial owner of the derivative securities.