MGNX insider grant: 30,000 options at $1.58 — 08/15/2025
MacroGenics insider award: Senior Vice President and General Counsel Jeffrey Stuart Peters received an employee stock option grant for 30,000 shares on 08/15/2025.
Rhea-AI Filing Summary
MacroGenics insider award: Senior Vice President and General Counsel Jeffrey Stuart Peters received an employee stock option grant for 30,000 shares on 08/15/2025. The option has an exercise price of $1.58, vests 25% after one year with the remaining 75% vesting in 12 substantially equal quarterly installments, and expires on 08/15/2035. Following the reported transaction Mr. Peters beneficially owns 30,000 common shares subject to the option on a direct basis. The Form 4 was signed by an attorney-in-fact on 08/19/2025.
Positive
- 30,000 option grant disclosed with clear terms and vesting schedule
- Exercise price stated at $1.58 and expiration date provided (08/15/2035)
- Vesting schedule detailed: 25% after one year then 12 quarterly installments
- Direct beneficial ownership after the transaction is explicitly reported (30,000)
Negative
- None.
Insights
TL;DR: An executive equity grant with multi-year vesting aligns leadership incentives with long-term shareholder value.
The filing documents a standard employee stock option award to the company's Senior Vice President and General Counsel. The vesting schedule—25% after one year then quarterly over three years—creates a multi-year retention mechanism. The expiration date extends ten years from grant, which is typical for option grants. The disclosure is routine, showing direct beneficial ownership of 30,000 underlying shares after grant. No additional corporate actions or departures are reported in this Form 4.
TL;DR: Option grant size and schedule are clearly disclosed; structure is consistent with common executive compensation practices.
The Form 4 specifies an employee stock option for 30,000 shares at a $1.58 exercise price with explicit vesting terms and a 10-year contractual life. The filing provides the necessary mechanics and ownership post-grant, enabling assessment of the award's timeline and potential future vesting events. The report is concise and contains no other compensatory details or cash transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 30,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 25% of the options will vest and become exercisable one year after the grant date and the remaining 75% will vest in 12 substantially equal quarterly installments thereafter.
FAQ
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What did Jeffrey Stuart Peters disclose on his Form 4 for MGNX?
What are the vesting terms of the option grant reported by MGNX insider?
When does the reported option expire according to the Form 4?
Who signed the Form 4 and when was it signed?
AI-generated analysis. How Rhea-AI works. Not financial advice.