LeonaBio (LONA) grants 28,000 stock options to director Barbara Kosacz
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LeonaBio, Inc. director Barbara Kosacz received a grant of stock options as part of outside director compensation. The award covers 28,000 stock options for common stock with an exercise price of $8.35 per share, expiring 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 that occurs after June 22, 2026. Following this grant, she holds 28,000 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kosacz Barbara
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 28,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 28,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 28,000 options
Exercise price: $8.35 per share
Expiration date: June 22, 2036
+3 more
6 metrics
Options granted
28,000 options
Stock option grant to director Barbara Kosacz
Exercise price
$8.35 per share
Stock option strike price for LeonaBio common stock
Expiration date
June 22, 2036
Option term end date
Vesting date trigger
June 23, 2027
Latest vesting date, subject to earlier stockholder meeting condition
Alternative vesting trigger
Day before next annual meeting after June 22, 2026
Earlier vesting condition
Derivative holdings after grant
28,000 derivative securities
Total options held directly following transaction
Key Terms
Stock Option (Right to Buy), Outside Director Compensation Policy, vesting, Common Stock
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
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.
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did LeonaBio (LONA) report for Barbara Kosacz?
LeonaBio reported a stock option grant to director Barbara Kosacz. She received 28,000 options for common stock at a $8.35 exercise price, expiring June 22, 2036, as part of the company’s outside director compensation policy.
How many LeonaBio (LONA) stock options did Barbara Kosacz receive and at what price?
Barbara Kosacz received 28,000 LeonaBio stock options. Each option allows her to buy one share of common stock at an exercise price of $8.35 per share, providing potential future equity upside if the market price exceeds that level.
When do Barbara Kosacz’s LeonaBio (LONA) stock options vest?
The options vest based on the earlier of two dates. Vesting occurs on June 23, 2027, or the day immediately before the next annual stockholder meeting that occurs after June 22, 2026, aligning her compensation with board service timing.
When do the newly granted LeonaBio (LONA) stock options expire?
The granted stock options expire on June 22, 2036. This long-dated expiration gives Barbara Kosacz a multi-year window after vesting to decide whether to exercise the options, depending on LeonaBio’s share price performance and her personal decisions.
Is the LeonaBio (LONA) option grant to Barbara Kosacz a market purchase or compensation?
The transaction is a compensation-related grant, not a market purchase. The Form 4 shows transaction code A, indicating a grant or award under LeonaBio’s Outside Director Compensation Policy rather than an open-market buy or sell of existing shares.
How many derivative securities does Barbara Kosacz hold in LeonaBio (LONA) after this grant?
After the grant, Barbara Kosacz holds 28,000 derivative securities. These represent stock options for LeonaBio common stock, all held directly, and their future value depends on vesting, the $8.35 exercise price, and the company’s share price over time.