Korro Bio (KRRO) director Nessan Bermingham receives 14,677 stock options at $10.59
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Korro Bio, Inc. reported that director Nessan Bermingham received a stock option grant covering 14,677 shares of common stock. The option has 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, subject to his continued service as a non-employee director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bermingham Nessan
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
Option grant size: 14,677 shares
Exercise price: $10.59 per share
Expiration date: June 9, 2036
+1 more
4 metrics
Option grant size
14,677 shares
Stock options granted to Nessan Bermingham
Exercise price
$10.59 per share
Strike price of stock options
Expiration date
June 9, 2036
Option term end
Post-transaction derivative holdings
14,677 options
Total options held after grant
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, non-employee director, +1 more
5 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.
expiration date financial
"expiration_date: 2036-06-09T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
non-employee director financial
"subject to continued service as a non-employee director through the applicable vesting date"
stockholders financial
"the date of the next annual meeting of stockholders"
Stockholders are individuals or institutions that own one or more shares of a company, giving them a piece of ownership and certain rights such as voting on key decisions and receiving dividends when paid. For investors this matters because stockholders share in a company’s gains and losses and can influence its direction—think of owning a slice of a business like being a co‑owner of a neighborhood shop: you benefit if it succeeds, and you bear risk if it struggles.
