Mobia COO exercises options for 15,000 shares
Mobia Medical, Inc. Chief Operating Officer Prashant B. Rawat exercised stock options to acquire 15,000 shares of common stock on June 10, 2026.
Rhea-AI Filing Summary
Mobia Medical, Inc. Chief Operating Officer Prashant B. Rawat exercised stock options to acquire 15,000 shares of common stock on June 10, 2026. The options were exercised at an exercise price of $3.38 per share, a routine derivative conversion rather than an open-market purchase or sale.
Following the transaction, Rawat directly holds 15,000 shares of common stock and continues to hold 182,243 stock options. The option grant vested 25% on June 27, 2023 and the remainder in 36 substantially equal monthly installments, reflecting standard compensation-related equity vesting.
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Insider Trade Summary
15,000 shares exercised/converted
Exercise
2 txns
Insider
Rawat Prashant B.
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 15,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 15,000 | $3.38 | $51K |
Holdings After Transaction:
Stock Option — 182,243 contracts (Direct);
Common Stock — 15,000 shares (Direct)
Footnotes (1)
- F1. The stock option vested as to 25% of the underlying shares on June 27, 2023, and will vest thereafter in 36 substantially equal monthly installments.
Key Figures
Shares acquired via option exercise: 15,000 shares
Option exercise price: $3.38 per share
Shares held after transaction: 15,000 shares
+3 more
6 metrics
Shares acquired via option exercise
15,000 shares
Common stock acquired on June 10, 2026
Option exercise price
$3.38 per share
Exercise price for stock options
Shares held after transaction
15,000 shares
Direct common stock holdings after exercise
Options held after transaction
182,243 options
Stock options remaining following exercise
Option vesting start
25% on June 27, 2023
Initial vesting date for underlying shares
Option expiration date
December 14, 2032
Expiration of stock option grant
Key Terms
Stock Option, Exercise or conversion of derivative security, vesting, Common Stock, +1 more
5 terms
Stock Option financial
"security_title": "Stock Option""
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
vesting financial
"will vest thereafter in 36 substantially equal monthly installments."
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.
expiration date financial
"expiration_date": "2032-12-14T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider transaction did Mobia Medical (MOBI) report for its COO?
Mobia Medical reported that COO Prashant B. Rawat exercised stock options to acquire 15,000 shares of common stock. This was a derivative exercise, not an open-market buy or sale, and reflects use of existing equity compensation rather than a new cash investment.
At what price did the Mobia Medical (MOBI) COO exercise stock options?
The COO exercised stock options with an exercise price of $3.38 per share. This price is set by the option grant terms and does not necessarily match the market price on the exercise date, making the event primarily a compensation-related equity conversion.
How many Mobia Medical (MOBI) stock options does the COO retain after exercising?
Following the exercise, the COO retains 182,243 stock options. These options continue to provide potential future share acquisitions under the original grant, with vesting and expiration terms specified in the award and summarized in the Form 4 data.
Is the Mobia Medical (MOBI) COO’s Form 4 transaction a buy or a sale?
The transaction is classified as an option exercise, coded “M,” meaning a derivative conversion to acquire shares. It is neither an open-market purchase nor a sale, but rather the use of previously granted options as part of equity compensation.
What are the vesting terms of the Mobia Medical (MOBI) COO’s stock options?
The stock option vested 25% of its underlying shares on June 27, 2023. The remaining 75% vests in 36 substantially equal monthly installments, reflecting a typical multi-year vesting schedule aimed at aligning executive incentives with longer-term company performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
