Larimar CDO granted 153,822 options, 25,637 shares
Larimar Therapeutics reported an insider equity award for Chief Development Officer Shankar Gopi.
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Rhea-AI Filing Summary
Larimar Therapeutics reported an insider equity award for Chief Development Officer Shankar Gopi. On January 26, 2026, he received 153,822 stock options with a $3.60 exercise price and vesting over four years, starting 25% on January 26, 2027, then monthly thereafter.
He also acquired 25,637 shares of common stock for $0.00 per share, represented by restricted stock units, bringing his directly held common stock to 76,443 shares. All transactions were classified as awards and reported as directly owned.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 153,822 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 25,637 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each share is represented by a restricted stock unit ("RSU"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.
- F2. The option vests 25% on January 26, 2027, with the remaining 75% vesting in equal monthly installments on the last day of each of the 36 calendar months immediately following such date, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.
FAQ
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What insider transaction did Larimar Therapeutics (LRMR) report for Shankar Gopi?
How many Larimar Therapeutics (LRMR) stock options were granted to Shankar Gopi?
What is the vesting schedule for Shankar Gopi’s Larimar Therapeutics stock options?
Were the Larimar Therapeutics (LRMR) equity awards to Shankar Gopi purchases or grants?
What role does Shankar Gopi hold at Larimar Therapeutics (LRMR)?
AI-generated analysis. How Rhea-AI works. Not financial advice.