Kazia Therapeutics (KZIA) grants director 100,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kazia Therapeutics director Steven R. S. Coffey reported a grant of 100,000 employee stock options over ADSs. The options carry an exercise price of $9.10 per ADS, were granted for no consideration, vest on January 8, 2027, and expire on January 8, 2029. Following this award, he holds 100,000 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Coffey Steven R. S.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 100,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 100,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 100,000 options over ADSs
Exercise price: $9.10 per ADS
Vesting date: January 8, 2027
+2 more
5 metrics
Option grant size
100,000 options over ADSs
Board-approved award to director Steven R. S. Coffey
Exercise price
$9.10 per ADS
Exercise price reflecting Australian tax considerations
Vesting date
January 8, 2027
Options vest on this date
Expiration date
January 8, 2029
Options expire if not exercised by this date
Post-transaction derivative holdings
100,000 derivative securities
Total options held directly after grant
Key Terms
Employee Stock Option (right to buy), ADSs, Remuneration Committee, employee share plan
4 terms
Employee Stock Option (right to buy) financial
"security_title: Employee Stock Option (right to buy)"
ADSs financial
"Represents a board-approved award of 100,000 options over ADSs"
Remuneration Committee financial
"approved by the Remuneration Committee on January 8, 2026"
A remuneration committee is a group of independent board members who design, approve and oversee pay packages for a company’s executives and directors. Think of them as the household budget planners for top management: they decide salaries, bonuses and stock awards so pay rewards performance and limits excessive risk. For investors, their role matters because compensation policies affect management incentives, business strategy and the long‑term value shareholders receive.
FAQ
What insider transaction did Kazia Therapeutics (KZIA) disclose?
Kazia Therapeutics disclosed a board-approved grant of 100,000 employee stock options to director Steven R. S. Coffey. These options relate to ADSs and were issued as part of the company’s employee share plan.
What is the exercise price of the new KZIA stock options?
The granted options have an exercise price of $9.10 per ADS. The footnote notes that for Australian resident participants, this exercise price reflects Australian tax considerations under the issuer’s employee share plan.
When do Steven Coffey’s new Kazia options vest and expire?
The 100,000 options granted to Steven R. S. Coffey vest on January 8, 2027. According to the disclosure, these options expire on January 8, 2029 if they are not exercised before that date.
Did Steven Coffey pay anything for the newly granted KZIA options?
No cash consideration was paid for the options. The filing states that the 100,000 options over ADSs were granted for no consideration, reflecting a typical equity-based compensation award approved by the board’s Remuneration Committee.
How many derivative securities does Steven Coffey hold after this KZIA grant?
After this transaction, Steven R. S. Coffey holds 100,000 derivative securities directly. This amount matches the size of the new employee stock option award reported in the Form 4 transaction table.
Who approved the Kazia Therapeutics option grant to Steven Coffey?
The options were approved by the company’s Remuneration Committee on January 8, 2026. The footnote specifies this committee approval and describes the grant as a board-approved award under the issuer’s employee share plan.