Neurogene (NGNE) director receives grant of 12,050 non-qualified options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neurogene Inc. director Sarah B. Noonberg received a grant of non-qualified stock options for 12,050 shares at an exercise price of $0.00 per share. The option vests in equal monthly installments of 1/12 from March 20, 2026 until fully vested on February 20, 2027, conditioned on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Noonberg Sarah B.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (right to buy) | 12,050 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 12,050 shares (Direct)
Footnotes (1)
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FAQ
What did Neurogene (NGNE) disclose in this Form 4 filing?
Neurogene reported that director Sarah B. Noonberg received a grant of 12,050 non-qualified stock options. These derivative securities give her the right to buy Neurogene shares, subject to vesting over time and continued service with the company.
How many Neurogene (NGNE) options were granted to Sarah B. Noonberg?
Sarah B. Noonberg was granted 12,050 non-qualified stock options. The filing shows all 12,050 options as beneficially owned following the transaction, reflecting this new award rather than a purchase or sale of already outstanding common shares.
What is the exercise price of Sarah B. Noonberg’s Neurogene (NGNE) options?
The Form 4 states an exercise price of $0.00 per share for the 12,050 non-qualified stock options. This indicates the options were granted without a cash exercise cost, functioning as an equity-based compensation award rather than a market-price purchase.
What is the vesting schedule for the Neurogene (NGNE) options granted?
The option vests as to 1/12 of the shares monthly, beginning on March 20, 2026. Vesting continues each month until the award is fully vested on February 20, 2027, provided Sarah B. Noonberg continues to provide service on each vesting date.
Is the Neurogene (NGNE) option grant to Sarah B. Noonberg direct or indirect ownership?
The Form 4 classifies the 12,050 non-qualified stock options as direct ownership. The ownership code is listed as “D,” and there are no footnotes indicating that the options are held through a separate entity, trust, or other indirect structure.
Does this Neurogene (NGNE) Form 4 reflect a stock purchase or sale?
The filing shows a grant/award acquisition of non-qualified options, coded as an “A” transaction. It does not report an open-market buy or sell of Neurogene common stock, but rather an equity compensation award subject to future vesting.