Larimar Therapeutics COO receives 800K-share option
The option award vests in stages beginning September 29, 2027, subject to continued service through each applicable vesting date.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
On September 29, 2026, Larimar Therapeutics, Inc. (LRMR) President and COO John B. Harlow Jr. received 50,000 restricted stock units, each a contingent right to one common share upon settlement, and an option to buy 800,000 common shares at $3.14 per share. The option expires September 29, 2036.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F2 | 800,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 50,000 | $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 September 29, 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.
Key Figures
Key Terms
restricted stock unit financial
contingent right financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How does the LRMR president's option award vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.