Kymera Therapeutics (KYMR) CEO granted 215,000 stock options at $0 exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kymera Therapeutics, Inc. Chief Executive Officer Nello Mainolfi reported receiving a grant of stock options for 215,000 shares of common stock. The options have an exercise price of $0.00 per share, reflecting a compensatory award rather than an open-market purchase.
According to the disclosure, the options vest in forty-eight equal monthly installments following March 2, 2026, and each portion will vest only if Mainolfi remains employed through the applicable vesting date. All 215,000 stock options are held as direct ownership following this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mainolfi Nello
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 215,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 215,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Kymera Therapeutics (KYMR) report for Nello Mainolfi?
Kymera Therapeutics reported that CEO Nello Mainolfi received a grant of stock options for 215,000 shares of common stock. The options were awarded at an exercise price of $0.00 per share, indicating a compensatory grant instead of an open-market purchase.
How many Kymera Therapeutics (KYMR) stock options were granted to the CEO?
CEO Nello Mainolfi was granted stock options covering 215,000 shares of Kymera Therapeutics common stock. After this grant, he directly holds options over the same 215,000 shares, as reported in the filing’s post-transaction ownership disclosure.
What is the vesting schedule for Nello Mainolfi’s Kymera Therapeutics stock options?
The stock options granted to Nello Mainolfi vest in 48 equal monthly installments following March 2, 2026. Each monthly tranche vests only if he continues his employment with Kymera Therapeutics through the respective vesting date, aligning the award with ongoing service.
What does a $0.00 exercise price mean for Kymera Therapeutics (KYMR) CEO’s stock options?
The stock options were reported with an exercise price of $0.00 per share, which characterizes the award as a grant or other acquisition under compensation arrangements. It does not represent a market purchase and reflects equity-based compensation terms for the CEO.
Is Nello Mainolfi’s ownership in Kymera Therapeutics from this grant direct or indirect?
The filing states that the 215,000 stock options are held with direct ownership by Nello Mainolfi. There is no indication in the provided footnote of any trust, partnership, or other entity holding the options on his behalf.
How is the Form 4 transaction for Kymera Therapeutics (KYMR) CEO classified?
The transaction is classified as a grant, award, or other acquisition of a derivative security. It is coded as an “A” transaction on the Form 4 and described as a stock option (right to buy) rather than a purchase or sale in the open market.