Kyverna Therapeutics (KYTX) CTO awarded 300,000 stock options at $8.08
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kyverna Therapeutics’ Chief Technology Officer, Mayobanex Pujols, received a grant of stock options for 300,000 shares of common stock on February 9, 2026, with an exercise price of $8.08 per share. These options were acquired as a compensatory award and are held directly.
According to the vesting terms, one-fourth of the option shares vest on February 9, 2027. The remaining shares vest in 1/48th increments each month thereafter, contingent on Pujols’ continuous service with Kyverna through each vesting date. After this grant, he beneficially owns 300,000 derivative securities in the form of these options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pujols Mayobanex
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 300,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 300,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Kyverna Therapeutics (KYTX) disclose in this Form 4?
Kyverna Therapeutics disclosed that Chief Technology Officer Mayobanex Pujols received a grant of 300,000 stock options on February 9, 2026. The options allow him to purchase Kyverna common stock at an exercise price of $8.08 per share, subject to a multi-year vesting schedule.
Who is the reporting person in the Kyverna Therapeutics (KYTX) Form 4 filing?
The reporting person is Mayobanex Pujols, who serves as Chief Technology Officer of Kyverna Therapeutics. He is identified as an officer, not a director or 10% owner. The filing covers a compensatory award of derivative securities in the form of stock options.
How many Kyverna Therapeutics (KYTX) options were granted to the CTO and at what price?
The CTO, Mayobanex Pujols, was granted 300,000 stock options linked to Kyverna common stock. These options carry an exercise price of $8.08 per share. Following this award, he beneficially holds 300,000 derivative securities directly in the form of these options.
When do Mayobanex Pujols’ Kyverna (KYTX) stock options begin vesting?
The vesting begins on February 9, 2027, when one-fourth of the option shares vest. After that initial cliff vesting, the remaining shares vest in 1/48th monthly installments, provided Pujols continues serving Kyverna through each monthly vesting date.
What is the full vesting schedule for the Kyverna (KYTX) options granted to the CTO?
The award vests over four years. One-fourth of the 300,000 option shares vest on February 9, 2027. The remaining shares vest in 1/48th increments each month thereafter, conditioned on the CTO’s continuous service with Kyverna through each vesting date.
How are the Kyverna Therapeutics (KYTX) options held by the CTO classified in the filing?
The options are reported as directly owned derivative securities. After the grant, 300,000 derivative securities remain beneficially owned. The transaction code is A, indicating a grant or award acquisition rather than an open-market purchase or sale of existing shares.