Kyntra Bio (KYNB) awards 7,000 stock options to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KYNTRA BIO, INC. director James A. Schoeneck received a grant of stock options covering 7,000 shares of common stock. The options have an exercise price of $7.13 per share and expire on June 11, 2036.
The 7,000 options vest in four equal quarterly installments starting from the grant date. Following this award, Schoeneck holds 7,000 derivative securities directly in the form of these stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schoeneck James A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 7,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 7,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 7,000 options
Exercise price: $7.13 per share
Underlying shares: 7,000 shares
+3 more
6 metrics
Options granted
7,000 options
Stock Option (Right to Buy) grant on June 12, 2026
Exercise price
$7.13 per share
Conversion or exercise price of stock options
Underlying shares
7,000 shares
Common Stock underlying the stock options
Expiration date
June 11, 2036
Option expiration for the granted stock options
Holdings after grant
7,000 derivative securities
Total stock options held following the transaction
Vesting schedule
Four equal quarterly installments
Measured from the date of grant per footnote
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, vest in four equal quarterly installments
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy) reported as a derivative"
exercise price financial
"conversion_or_exercise_price of the option is 7.1300 per share"
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 for the stock option is 2036-06-11"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
vest in four equal quarterly installments financial
"shares subject to the option shall vest in four equal quarterly installments"
FAQ
What did KYNTRA BIO (KYNB) report in this Form 4 filing?
KYNTRA BIO reported that director James A. Schoeneck received a grant of stock options for 7,000 shares of common stock. These options are a compensation-related award, not an open-market stock purchase or sale.
How many KYNTRA BIO (KYNB) stock options were granted to James A. Schoeneck?
James A. Schoeneck was granted stock options covering 7,000 shares of KYNTRA BIO common stock. This grant is reflected as a derivative security position and represents his total option holdings following the reported transaction.
What is the exercise price of the KYNTRA BIO (KYNB) options granted?
The stock options granted to James A. Schoeneck have an exercise price of $7.13 per share. This is the price he would pay per share to convert the options into KYNTRA BIO common stock in the future.
When do James A. Schoeneck’s KYNTRA BIO (KYNB) options vest?
The 7,000 stock options vest in four equal quarterly installments measured from the grant date. This means portions of the award become exercisable over four quarters rather than all at once.
When do the newly granted KYNTRA BIO (KYNB) stock options expire?
The stock options granted to James A. Schoeneck expire on June 11, 2036. After that expiration date, any unexercised options will no longer be usable to acquire KYNTRA BIO common shares.
Is this KYNTRA BIO (KYNB) Form 4 transaction a market buy or sell?
No. The Form 4 shows a grant of stock options classified as an acquisition through grant or award. It is a compensation event, not an open-market purchase or sale of KYNTRA BIO shares.