Kymera Therapeutics (KYMR) director awarded 6,068 stock options at $99.87
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kymera Therapeutics director Gorjan Hrustanovic reported receiving a grant of stock options covering 6,068 shares of Common Stock. The options carry an exercise price of $99.87 per share and expire on June 23, 2036.
The underlying 6,068 shares vest in full on the earlier of June 24, 2027 or the date of Kymera’s next annual stockholder meeting. According to the disclosure, Hrustanovic is a member of BVF Partners L.P. and is obligated to transfer any economic benefit from the sale of shares issued upon exercise of these grants to BVF, and he disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hrustanovic Gorjan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 6,068 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 6,068 shares (Direct, null)
Footnotes (1)
- The shares underlying this stock option shall vest in full upon the earlier to occur of (i) June 24, 2027 and (ii) the date of the next annual meeting of the Issuer's stockholders. The Reporting Person is a member of BVF Partners L.P. ("BVF") and is obligated to transfer the economic benefit, if any, received upon the sale of the shares issuable upon exercise of the equity grants to BVF. As such, the Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein, if any.
Key Figures
Option grant size: 6,068 shares
Exercise price: $99.87 per share
Expiration date: June 23, 2036
+2 more
5 metrics
Option grant size
6,068 shares
Stock Option (Right to Buy) granted to director
Exercise price
$99.87 per share
Conversion or exercise price of stock option
Expiration date
June 23, 2036
Option expiration for 6,068-share grant
Underlying shares
6,068 shares
Common Stock issuable upon exercise of options
Post-grant derivative holdings
6,068 options
Total derivative securities following transaction
Key Terms
Stock Option (Right to Buy), vest in full, beneficial ownership, pecuniary interest, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
vest in full financial
"The shares underlying this stock option shall vest in full upon the earlier"
beneficial ownership financial
"the Reporting Person disclaims beneficial ownership of the securities reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any"
Section 16 of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934, as amended"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
FAQ
What did Kymera Therapeutics (KYMR) director Gorjan Hrustanovic receive in this Form 4?
Hrustanovic received a grant of stock options for 6,068 Kymera shares. The options are rights to buy Common Stock at a fixed exercise price and represent compensation rather than an open-market purchase or sale of existing shares.
What is the exercise price and term of the Kymera (KYMR) stock options granted?
The stock options have an exercise price of $99.87 per share and expire June 23, 2036. This means Hrustanovic can buy up to 6,068 shares at $99.87 any time before the expiration date, once the options vest.
How is BVF Partners L.P. involved in this Kymera (KYMR) option grant?
Hrustanovic is a member of BVF Partners L.P. and must transfer any economic benefit from exercised shares to BVF. He therefore disclaims beneficial ownership of the reported securities except for any pecuniary interest he may have.
Does this Kymera (KYMR) Form 4 show an open-market buy or sell by the director?
No, the Form 4 reports a grant of stock options, not an open-market trade. The transaction is coded as a grant or award, categorized as an acquisition of derivative securities rather than a market purchase or sale of common stock.