Seres Therapeutics grants 6,500 stock options to director
Seres Therapeutics, Inc. director Stephen Berenson received a grant of stock options covering 6,500 shares of common stock at an exercise price of $7.14 per share.
Rhea-AI Filing Summary
Seres Therapeutics, Inc. director Stephen Berenson received a grant of stock options covering 6,500 shares of common stock at an exercise price of $7.14 per share. These options vest and become exercisable on the earlier of July 8, 2027 or the day immediately prior to the first annual meeting of stockholders occurring after July 8, 2026, and expire on July 7, 2036. Following this grant, he holds 6,500 derivative securities directly.
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Insights
Routine director option grant with time- and meeting-based vesting.
Director Stephen Berenson was granted stock options for 6,500 shares of Seres Therapeutics common stock at an exercise price of $7.14 per share. This is characterized as a grant or award acquisition, typical for board compensation rather than an open-market purchase.
The options vest on the earlier of July 8, 2027 or the day immediately prior to the first annual meeting of stockholders after July 8, 2026, and expire on July 7, 2036. This structure aligns director incentives with longer-term company performance but does not by itself indicate a change in outlook, as it appears to be part of regular equity compensation.
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
exercise price financial
vests and becomes exercisable financial
annual meeting of the Company's stockholders financial
FAQ
What did MCRB director Stephen Berenson receive in this Form 4 filing?
What is the exercise price of the stock options granted to Stephen Berenson at Seres Therapeutics (MCRB)?
When do Stephen Berenson’s Seres Therapeutics (MCRB) stock options vest?
What is the expiration date of the stock options granted to Stephen Berenson at MCRB?
How many Seres Therapeutics (MCRB) derivative securities does Stephen Berenson hold after this transaction?
Is the Form 4 transaction for MCRB an open-market buy or a compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.