LeonaBio (LONA) director receives 2,333 stock options at $8.35 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LeonaBio, Inc. director Peter B. Silverman received a grant of stock options covering 2,333 shares of common stock. The options have an exercise price of $8.35 per share and expire on June 22, 2036.
The options will vest on the earlier of June 23, 2027, or the day immediately before the next annual stockholder meeting held after June 22, 2026. The award was granted under LeonaBio’s Outside Director Compensation Policy and pro-rated based on his board appointment on May 5, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Silverman Peter B.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 2,333 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 2,333 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 2,333 options
Exercise price: $8.35 per share
Post-grant derivative holdings: 2,333 options
+2 more
5 metrics
Option grant size
2,333 options
Stock Option (Right to Buy) covering common stock
Exercise price
$8.35 per share
Conversion or exercise price of stock options
Post-grant derivative holdings
2,333 options
Total derivative securities following transaction
Option expiration date
June 22, 2036
Expiration date of stock options
Latest possible vesting date
June 23, 2027
Latest vesting trigger; earlier vesting tied to next annual meeting
Key Terms
Stock Option (Right to Buy), exercise price, Outside Director Compensation Policy, vesting
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 8.3500"
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.
Outside Director Compensation Policy financial
"The option reported was granted pursuant to the terms of the Issuer's Outside Director Compensation Policy"
vesting financial
"The shares subject to the option will vest on the earlier of (i) June 23, 2027, or (ii) the day immediately before the date of the next annual meeting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.