Seres Therapeutics grants 6,500 stock options to director
Seres Therapeutics, Inc. director Eric D. Shaff received a grant of stock options covering 6,500 shares of common stock.
Rhea-AI Filing Summary
Seres Therapeutics, Inc. director Eric D. Shaff received a grant of stock options covering 6,500 shares of common stock. The options have an exercise price of $7.14 per share and expire on July 7, 2036. Vesting occurs on the earlier of July 8, 2027 or the day immediately prior to the first annual meeting of stockholders occurring after July 8, 2026.
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Insights
Director received a standard-sized stock option grant with time-based vesting.
Director Eric D. Shaff was granted options on 6,500 shares of common stock at an exercise price of $7.14 per share, expiring on July 7, 2036. This is classified as a grant or award acquisition rather than an open-market purchase.
The options vest in a single tranche on the earlier of July 8, 2027 or the day before the first annual stockholder meeting after July 8, 2026. This time-based vesting aligns the director’s incentives with longer-term company performance and board service, without indicating any discretionary market buying or selling.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1 | 6,500 | $0.00 | $0.00 |
Footnotes (1)
- F1. The option vests and becomes exercisable on the earlier to occur of (i) July 8, 2027 or (ii) the day immediately prior to the first annual meeting of the Company's stockholders occurring after July 8, 2026.
Key Figures
Key Terms
Stock Option (right to buy) financial
Grant, award, or other acquisition financial
underlying security financial
vests and becomes exercisable financial
FAQ
What did Eric D. Shaff report on his Form 4 for MCRB?
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AI-generated analysis. How Rhea-AI works. Not financial advice.