Seres Therapeutics grants 6,500 stock options to director
Seres Therapeutics, Inc. director Willard H. Dere 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 Willard H. Dere received a grant of stock options covering 6,500 shares of common stock at an exercise price of $7.14 per share. 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, and expire on July 7, 2036. Following this award, Dere holds options for 6,500 shares directly.
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Insights
Director received a routine stock option grant with time-based vesting.
Director Willard H. Dere was granted options on 6,500 shares of Seres Therapeutics common stock at an exercise price of $7.14 per share. This is compensation-related, not an open-market purchase or sale.
The options vest on the earlier of July 8, 2027 or the day immediately prior to the first annual meeting after July 8, 2026, aligning Dere’s incentives with long-term performance and continued board service. The options expire on July 7, 2036, giving a long window to benefit from potential share price appreciation.
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 regulatory
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