Niagen Director Gets $282,600 Stock Option Package with One-Year Vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Niagen Bioscience (NAGE) Director Kristin Patrick received a stock option grant for 20,000 shares of common stock on June 24, 2025. The options were granted with the following terms:
- Exercise price set at $14.13 per share
- 100% vesting scheduled for June 24, 2026
- Options expire on June 23, 2035
- Total grant value will be determined by stock price appreciation above $14.13
The Form 4 filing was signed by Attorney-in-Fact Jeong James Lee on June 26, 2025. This equity compensation grant appears to be part of the company's director compensation program, providing long-term alignment with shareholder interests through a 10-year exercise window following the one-year cliff vesting period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Patrick Kristin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 20,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 20,000 shares (Direct)
Footnotes (1)
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FAQ
What stock options did NAGE director Kristin Patrick receive on June 24, 2025?
According to the Form 4 filing, NAGE director Kristin Patrick received 20,000 stock options with an exercise price of $14.13 per share. These options were granted on June 24, 2025, will vest 100% on June 24, 2026, and expire on June 23, 2035.
When do Kristin Patrick's NAGE stock options vest?
The stock options granted to Kristin Patrick will vest 100% on June 24, 2026, as indicated in the Form 4 filing's explanatory notes.
What is the exercise price of NAGE stock options granted to director Kristin Patrick?
The stock options were granted with an exercise price of $14.13 per share, as reported in the Form 4 filing dated June 28, 2025.
How many NAGE stock options does Kristin Patrick beneficially own after the June 24, 2025 grant?
Following the reported transaction, Kristin Patrick beneficially owns 20,000 stock options of NAGE directly (indicated by 'D' in the ownership form column).
What position does Kristin Patrick hold at NAGE?
According to the Form 4 filing, Kristin Patrick serves as a Director of Niagen Bioscience, Inc. (NAGE), as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.