Mereo BioPharma (MREO) grants CEO Denise Scots-Knight new option awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mereo BioPharma Group plc reported that Chief Executive Officer and director Denise Scots-Knight received new stock option awards on February 1, 2026. She was granted options to buy 1,035,000 American Depositary Shares at $0.44, 345,000 at $1.00, and 480,000 at $0.44, all held directly.
For the 1,035,000-share grant, 25% will vest and become exercisable on February 1, 2027, with the balance vesting in equal monthly installments over the following three years. The 480,000-share grant vests in substantially equal monthly installments over one year from the February 1, 2026 grant date. Each American Depositary Share represents five ordinary shares of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Scots-Knight Denise
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Options (Right to buy) | 1,035,000 | $0.00 | -- |
| Grant/Award | Share Options (Right to buy) | 345,000 | $0.00 | -- |
| Grant/Award | Share Options (Right to buy) | 480,000 | $0.00 | -- |
Holdings After Transaction:
Share Options (Right to buy) — 1,035,000 shares (Direct)
Footnotes (1)
- 25% of the shares underlying this share option will vest and become exercisable on February 1, 2027, with the remainder vesting in equal monthly installments for the three years thereafter. Each American Depositary Share ("ADS") represents five ordinary shares, nominal value GBP 0.003 per ordinary share, of the Issuer. Vests in substantially equal monthly installments over a one year period from the February 1, 2026 grant date.
FAQ
What insider transaction did Mereo BioPharma (MREO) report for Denise Scots-Knight?
Mereo BioPharma reported that CEO and director Denise Scots-Knight received several stock option grants on February 1, 2026. These derivative awards give her rights to acquire American Depositary Shares under specific exercise prices and vesting schedules described in the filing’s footnotes.
How many stock options were granted to the Mereo BioPharma CEO on February 1, 2026?
On February 1, 2026, Denise Scots-Knight was granted three stock option awards: 1,035,000 options at $0.44, 345,000 options at $1.00, and 480,000 options at $0.44. All are reported as directly owned derivative securities following the transactions.
What are the vesting terms for Denise Scots-Knight’s 1,035,000 Mereo BioPharma options?
For the 1,035,000-share option grant, 25% of the underlying shares will vest and become exercisable on February 1, 2027. The remaining 75% will then vest in equal monthly installments over the subsequent three years, according to the filing’s explanation of responses.
Are the reported Mereo BioPharma options held directly or indirectly by Denise Scots-Knight?
All three reported stock option grants are listed as directly owned by Denise Scots-Knight. The Form 4 data show the ownership form as “D” for direct, and there are no footnotes indicating that the options are held through another entity or on an indirect basis.