Seres Therapeutics (MCRB) director Kurt Graves receives 6,500 stock options at $7.14
Rhea-AI Filing Summary
Seres Therapeutics, Inc. director Kurt Graves received a grant of stock options to acquire 6,500 shares of common stock at an exercise price of $7.14 per share. The options expire on July 7, 2036 and vest 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 routine stock option grant with long-term vesting.
Director Kurt Graves was granted stock options for 6,500 shares of Seres Therapeutics, Inc. common stock at an exercise price of $7.14 per share. This is classified as a grant or award acquisition, not an open-market purchase or sale.
The options expire on July 7, 2036 and vest on the earlier of July 8, 2027 or the day immediately prior to the first annual meeting after July 8, 2026. This structure ties vesting to continued board service and the company’s stockholder meeting cycle.
No sales or exercises are reported here, and the filing does not indicate any Rule 10b5-1 trading plan. The event represents standard director equity compensation, providing long-term incentive alignment without immediate cash flow impact.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 6,500 | $0.00 | -- |
Footnotes (1)
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Key Figures
Key Terms
Stock Option financial
exercise price financial
vests and becomes exercisable financial
annual meeting of the Company's stockholders regulatory
FAQ
What equity award did director Kurt Graves receive at Seres Therapeutics (MCRB)?
Director Kurt Graves received a grant of stock options for 6,500 shares of Seres Therapeutics common stock. The options have an exercise price of $7.14 per share and an expiration date of July 7, 2036.
Is the Form 4 transaction for MCRB a buy or sell by Kurt Graves?
The Form 4 for MCRB reports an acquisition via a stock option grant to director Kurt Graves. It is classified as a grant/award acquisition, not an open-market purchase or sale of common shares.
When do Kurt Graves’ Seres Therapeutics (MCRB) stock options vest?
The 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, tying vesting to future governance milestones.
What is the exercise price and expiration date of the MCRB options granted to Kurt Graves?
The stock options granted to director Kurt Graves have an exercise price of $7.14 per share and an expiration date of July 7, 2036, providing a long-dated incentive window.
How many Seres Therapeutics (MCRB) options does Kurt Graves hold after this grant?
Following this grant, director Kurt Graves holds 6,500 derivative securities in the form of stock options, corresponding to 6,500 underlying shares of Seres Therapeutics common stock as reported in the Form 4.