Lexeo Therapeutics (LXEO) CEO receives new RSUs and large option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lexeo Therapeutics CEO Townsend Richard Nolan received new equity awards on February 4, 2026. He was granted 161,665 restricted stock units (RSUs), each representing one share of common stock, at no purchase price. After this grant, he beneficially owned 402,656 shares of common stock, including 290,022 RSUs.
He was also granted a stock option for 646,665 shares of common stock with a $7.27 exercise price. For the RSUs, 25% vest on February 15, 2027, with the remainder vesting in equal quarterly installments. For the option, 25% vests on February 4, 2027, with the balance vesting monthly thereafter, all subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Townsend Richard Nolan
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 646,665 | $0.00 | -- |
| Grant/Award | Common Stock | 161,665 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 646,665 shares (Direct);
Common Stock — 402,656 shares (Direct)
Footnotes (1)
- The reported securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. Twenty-five percent (25%) of the RSUs shall vest on February 15, 2027, and 1/16th of the RSUs shall vest in quarterly installments thereafter on the Issuer's standard quarterly vesting dates, subject to the Reporting Person's continued service through each applicable vesting date. Includes 290,022 RSUs. 25% of the shares underlying the option vest and become exercisable on February 4, 2027, and 1/48th of the shares underlying the option shall vest in monthly installments thereafter, subject to the Reporting Person's continuous service.
FAQ
What equity awards did Lexeo Therapeutics (LXEO) CEO receive in this Form 4?
The CEO, Townsend Richard Nolan, received 161,665 restricted stock units and a stock option for 646,665 shares of common stock. Both awards were granted on February 4, 2026, as part of his equity-based compensation package.
How do the new RSUs for Lexeo Therapeutics (LXEO) CEO vest?
The 161,665 RSUs vest over time. Twenty-five percent vest on February 15, 2027, and the remaining RSUs vest in 1/16th increments on the company’s standard quarterly vesting dates, conditioned on the CEO’s continued service.
What are the vesting terms of the new stock option reported by LXEO?
The stock option for 646,665 shares vests gradually. Twenty-five percent of the underlying shares vest and become exercisable on February 4, 2027, with the remaining shares vesting in 1/48th monthly installments, subject to the CEO’s continuous service.
What is the exercise price and expiration date of the Lexeo CEO’s new option?
The stock option has a $7.27 exercise price per share and expires on February 3, 2036. The long-dated term and time-based vesting align the CEO’s incentives with the company’s long-term share performance and retention goals.
Are the reported Lexeo Therapeutics (LXEO) equity awards direct or indirect holdings?
Both the RSUs and the stock option are reported as directly held by the CEO. The filing does not reference any trusts, family entities, or other indirect ownership structures related to these specific awards.