Lexeo Therapeutics (LXEO) director awarded 35,000 stock options at $4.70
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lexeo Therapeutics director Tolga Tanguler received a new stock option award. The grant covers 35,000 options to buy Lexeo common stock at an exercise price of $4.70 per share and will expire on June 24, 2036.
According to the vesting terms, 100% of the shares underlying the option will vest, and become exercisable, on the earlier of one year after the grant date or the next annual meeting of stockholders, subject to his continuous service. Following this award, he holds 35,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tanguler Tolga
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 35,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 35,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 35,000 options
Exercise price: $4.70 per share
Options after transaction: 35,000 options
+1 more
4 metrics
Options granted
35,000 options
Stock Option (right to buy) granted to director on June 25, 2026
Exercise price
$4.70 per share
Exercise price for the 35,000 Lexeo common shares underlying the options
Options after transaction
35,000 options
Total derivative securities held directly by Tanguler following the grant
Expiration date
June 24, 2036
Expiration of the granted stock options if not exercised
Key Terms
Stock Option (right to buy), Grant, award, or other acquisition, exercise price, vest
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
exercise price financial
"conversion_or_exercise_price: 4.7000"
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.
vest financial
"100% of the shares underlying the option shall vest, and become exercisable"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Tolga Tanguler acquire in this Lexeo Therapeutics (LXEO) Form 4?
Tolga Tanguler received a grant of 35,000 stock options to buy Lexeo common stock. These options were awarded as compensation and are not an open-market share purchase or sale.
What is the exercise price of Tolga Tanguler’s Lexeo (LXEO) stock options?
The stock options have an exercise price of $4.70 per share. This is the price at which Tanguler can purchase Lexeo common stock once the options vest and become exercisable.
When do Tolga Tanguler’s Lexeo Therapeutics (LXEO) options vest?
All 35,000 options vest on the earlier of one year after the grant date or the next annual meeting of stockholders. Vesting is conditional on Tanguler’s continuous service with the company through that date.
When do Tolga Tanguler’s Lexeo (LXEO) stock options expire?
The options expire on June 24, 2036, giving a long-term window to exercise after vesting. If not exercised by that date, the right to buy Lexeo shares under this grant will lapse.
How many Lexeo (LXEO) derivative securities does Tolga Tanguler hold after this grant?
Following the award, Tanguler holds 35,000 stock options directly. These options each relate to one share of Lexeo common stock and represent his position from this specific grant reported in the Form 4.
Is this Lexeo Therapeutics (LXEO) Form 4 a stock sale or purchase in the market?
No, this Form 4 reports a compensation-related option grant, not a market trade. The transaction is coded as a grant or award acquisition, with no open-market buying or selling of existing shares.