Onterris (ONT) Chief Strategy Officer exercises options, now holds 296,631 shares

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Onterris, Inc. Chief Strategy Officer Jose Revuelta exercised stock options to acquire 27,349 shares of Common Stock at $6.03 per share. The underlying Stock Option (Right to Buy) for 27,349 shares was fully exercised, reducing its balance to zero. Following the transaction on May 11, 2026, Revuelta directly holds 296,631 shares of Common Stock. The footnote explains that 50% of the option vested on June 9, 2017 and the remaining 50% vested on June 9, 2019, indicating this was an exercise of long‑vested awards rather than a new grant.

Insider Trade Summary

27,349 shares exercised/converted

Mixed 2 txns

Insider Revuelta Jose

Role Chief Strategy Officer

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	27,349	$0.00	--
Exercise	Common Stock	27,349	$6.03	$165K

Holdings After Transaction: Stock Option (Right to Buy) — 0 shares (Direct, null); Common Stock — 296,631 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares acquired via option exercise: 27,349 shares Exercise price: $6.03 per share Post-transaction holdings: 296,631 shares +4 more

7 metrics

Shares acquired via option exercise 27,349 shares Common Stock acquired on May 11, 2026

Exercise price $6.03 per share Conversion or exercise price for Stock Option (Right to Buy)

Post-transaction holdings 296,631 shares Common Stock directly held after May 11, 2026 transaction

Option shares exercised 27,349 derivative shares Stock Option (Right to Buy) total shares exercised

Option expiration date June 23, 2026 Expiration date of Stock Option (Right to Buy)

First vesting date June 9, 2017 50% of option vested on this date per footnote

Second vesting date June 9, 2019 Remaining 50% of option vested on this date per footnote

Key Terms

Stock Option (Right to Buy), derivative security, vesting, Common Stock

4 terms

Stock Option (Right to Buy) financial

"security_title: "Stock Option (Right to Buy)""

derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

vesting financial

"50% of the shares subject to the option vested on June 9, 2017"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

05/12/2026 - 08:00 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Revuelta Jose

(Last)

(First)

(Middle)

5120 NORTHSHORE DR

(Street)

NORTH LITTLE ROCK

ARKANSAS

72118

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Onterris, Inc. [ ONT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Strategy Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/11/2026		M		27,349	A	$6.03	296,631	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$6.03	05/11/2026		M			27,349	⁽¹⁾	06/23/2026	Common Stock	27,349	$0	0	D

Explanation of Responses:

1. 50% of the shares subject to the option vested on June 9, 2017 and the remaining 50% vested on June 9, 2019.

	/s/ Nasym Afsari, Attorney in Fact	05/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Onterris (ONT) report for Jose Revuelta?

Onterris reported that Chief Strategy Officer Jose Revuelta exercised stock options for 27,349 shares of Common Stock. This transaction converted previously granted options into shares, reflecting a derivative exercise rather than an open-market stock purchase or sale.

How many Onterris (ONT) shares does Jose Revuelta hold after this Form 4?

After the option exercise, Jose Revuelta directly holds 296,631 shares of Onterris Common Stock. This figure comes from the post-transaction ownership reported in the Form 4 and shows his updated equity position following the derivative conversion.

At what price were Jose Revuelta’s Onterris stock options exercised?

The stock options were exercised at a conversion or exercise price of $6.03 per share. This price represents the predetermined cost at which Revuelta could convert his Stock Option (Right to Buy) into Common Stock under the original award terms.

What happened to the exercised Onterris stock options in this filing?

The Stock Option (Right to Buy) covering 27,349 Onterris shares was fully exercised, leaving 0 derivative shares outstanding from that grant. The Form 4 shows a derivative transaction with total shares following the transaction reported as zero for the option.

When did Jose Revuelta’s Onterris stock options vest according to the Form 4?

The footnote states that 50% of the shares subject to the option vested on June 9, 2017, and the remaining 50% vested on June 9, 2019. This indicates the option was fully vested well before the May 11, 2026 exercise.