Director at Microbot Medical (NASDAQ: MBOT) granted 10,000 stock options at $2.37
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Microbot Medical Inc. director Laxminarain Prattipati received a grant of stock options covering 10,000 shares of common stock. The options have an exercise price of $2.37 per share, were granted on April 1, 2026, and expire on April 1, 2036.
Following this grant, Prattipati holds stock options for 10,000 shares directly. This is a compensation-related award, not an open‑market purchase or sale of Microbot Medical common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Laxminarain Prattipati
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 10,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 10,000 shares (Direct)
Footnotes (1)
Key Figures
Options granted: 10,000 options
Exercise price: $2.37 per share
Expiration date: April 1, 2036
+1 more
4 metrics
Options granted
10,000 options
Stock Option (Right to Buy) grant on April 1, 2026
Exercise price
$2.37 per share
Exercise price for 10,000 options on Microbot Medical common stock
Expiration date
April 1, 2036
Option expiration for 10,000 granted options
Options held after transaction
10,000 options
Total stock options directly held by the director following grant
Key Terms
Stock Option (Right to Buy), exercise price, expiration date
3 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price: "2.3700" as the exercise price per share"
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.
expiration date financial
"expiration_date: "2036-04-01T00:00:00.000Z" as the expiration date"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider transaction did MBOT director Laxminarain Prattipati report?
MBOT director Laxminarain Prattipati reported receiving a grant of stock options for 10,000 shares of Microbot Medical common stock. These options are a compensation award and do not represent an open‑market purchase or sale of existing shares.
How many Microbot Medical (MBOT) options were granted to the director?
The director was granted stock options covering 10,000 shares of Microbot Medical common stock. This entire 10,000‑share option position is shown as held directly after the transaction, reflecting a new derivative holding rather than a change in owned common shares.
What is the exercise price of the MBOT stock options granted to the director?
The granted options have an exercise price of $2.37 per share. This means the director can buy Microbot Medical common stock at $2.37 per share upon exercise, regardless of the market price at the time, until the options expire.
When do the newly granted Microbot Medical (MBOT) options expire?
The stock options granted to the director expire on April 1, 2036. Up to that expiration date, the director may choose to exercise the options at the fixed $2.37 per‑share exercise price, subject to any vesting or plan conditions not detailed here.
How many Microbot Medical (MBOT) stock options does the director hold after this grant?
After the reported grant, the director holds stock options for 10,000 shares of Microbot Medical common stock directly. This figure reflects the new compensation award and does not indicate any change in previously held common shares or other derivatives.