Veradermics (MANE) grants general counsel 144,401 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Veradermics, Inc. reported that its General Counsel, Michael V. Greco, received a grant of stock options on February 3, 2026. The award covers 144,401 stock options with an exercise price of $17 per share, held as direct beneficial ownership.
According to the vesting terms, 25% of the options vest on February 3, 2027, the first anniversary of the vesting commencement date. The remaining options vest in equal monthly installments over the following 36 months, contingent on continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Greco Michael V.
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 144,401 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 144,401 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Veradermics (MANE) report for Michael V. Greco?
Veradermics reported that General Counsel Michael V. Greco received a grant of 144,401 stock options on February 3, 2026. These options give him the right to buy Veradermics common stock at a fixed exercise price of $17 per share, subject to vesting conditions.
What are the key terms of Michael Greco’s Veradermics stock option grant?
The grant consists of 144,401 stock options with a $17 exercise price per share. Twenty-five percent of the options vest on February 3, 2027, and the remaining options vest in equal monthly installments over 36 months, contingent on his continued service with Veradermics.
How do Michael Greco’s Veradermics stock options vest over time?
The options vest using a one-year cliff followed by monthly vesting. Twenty-five percent vest on February 3, 2027, the first anniversary of the vesting commencement date, with the remaining 75% vesting in equal monthly installments over the next 36 months of continued service.
How many Veradermics derivative securities does Michael Greco beneficially own after this grant?
Following the transaction, Michael Greco beneficially owns 144,401 stock options in Veradermics. These are held as direct ownership and represent his entire reported derivative position from this grant, as disclosed in the Form 4 insider transaction report filed with the SEC.
Is Michael Greco’s Veradermics stock option grant classified as a buy or sell transaction?
The transaction is classified as an acquisition by grant, not a market buy or sell. The Form 4 uses transaction code “A” for a grant, award, or other acquisition, indicating the company awarded stock options as part of his compensation rather than an open-market trade.