Mural Oncology plc (MURA) details director option cancellation after $2.035 deal
Rhea-AI Filing Summary
Mural Oncology plc director George Golumbeski reported the cancellation of two stock option grants in connection with the company’s acquisition by XRA 5 Corp., a wholly owned subsidiary of XOMA Royalty Corporation. The transaction transferred all issued and to‑be‑issued Mural shares for a cash purchase price of $2.035 per share, completed on December 5, 2025.
At closing, 8,637 options with a $2.56 exercise price and 15,334 options with a $3.38 exercise price, each for ordinary shares, were canceled and ceased to be outstanding. Under the agreement, options with exercise prices equal to or greater than the $2.035 per share consideration received no cash payment when they were canceled.
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FAQ
What insider transaction involving Mural Oncology plc (MURA) is reported here?
The report shows that director George Golumbeski had two grants of stock options on Mural Oncology ordinary shares canceled in connection with the company’s acquisition by XRA 5 Corp., a wholly owned subsidiary of XOMA Royalty Corporation.
What were the terms of the Mural Oncology (MURA) acquisition linked to this option cancellation?
Under a Transaction Agreement dated August 20, 2025, XRA 5 Corp. acquired all issued and to‑be‑issued share capital of Mural Oncology for a cash purchase price of $2.035 per share, with the acquisition completed on December 5, 2025.
How many Mural Oncology (MURA) stock options were canceled for the director, and at what exercise prices?
On December 5, 2025, 8,637 stock options with a $2.56 exercise price and 15,334 stock options with a $3.38 exercise price, each over ordinary shares, were canceled, leaving 0 derivative securities beneficially owned.
Why were these Mural Oncology (MURA) options canceled without payment?
The Transaction Agreement states that at the effective time, each option with an exercise price per share equal to or greater than the $2.035 per share scheme consideration was canceled and ceased to be outstanding, and no cash consideration was delivered in exchange for such options.
Who is the reporting person in this Mural Oncology (MURA) insider report and what is their role?
The reporting person is George Golumbeski, who is identified as a director of Mural Oncology plc and files individually as one reporting person.
What types of securities underlay the canceled Mural Oncology (MURA) stock options?
Both canceled derivative positions were stock options (right to buy), each exercisable for Mural Oncology ordinary shares, in amounts of 8,637 and 15,334 underlying shares respectively.