Seres Therapeutics (MCRB) director Richard Kender awarded 150,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kender Richard N reported acquisition or exercise transactions in this Form 4 filing.
Seres Therapeutics, Inc. director and officer Richard N. Kender reported receiving a grant of stock options covering 150,000 shares of common stock. These options give him the right to buy company shares and were reported as a direct beneficial holding.
According to the filing, the option award vests and becomes exercisable in 36 equal monthly installments, providing long-term, incremental equity-based compensation tied to his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kender Richard N
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 150,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 150,000 shares (Direct)
Footnotes (1)
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FAQ
What equity award did Richard N. Kender receive at Seres Therapeutics (MCRB)?
Richard N. Kender received a grant of stock options for 150,000 shares of Seres Therapeutics common stock. The options were reported as a direct holding and represent equity-based compensation for his role as a director and officer.
How do Richard N. Kender’s new stock options at MCRB vest?
The stock options granted to Richard N. Kender vest in 36 equal monthly installments. This structure spreads vesting over three years, encouraging ongoing service and alignment with Seres Therapeutics’ long-term performance and governance goals.
Is Richard N. Kender’s Form 4 transaction at Seres Therapeutics a buy or a sale?
The Form 4 shows an acquisition of stock options by grant, not an open-market buy or sale. It records compensation in the form of 150,000 option rights rather than a purchase or disposition of existing Seres Therapeutics shares.
How many Seres Therapeutics (MCRB) options does Richard N. Kender hold after this grant?
After the reported grant, Richard N. Kender holds 150,000 stock options according to the filing. This reflects the total derivative securities following the transaction, all subject to the vesting schedule described for the option award.
What does the Form 4 filing imply about Richard N. Kender’s ownership type in MCRB options?
The filing classifies the option grant as direct ownership by Richard N. Kender. This means the options are held in his name rather than through an intermediary entity such as a trust, partnership, or family investment vehicle.