Neurogene (NGNE) grants 12,050 non-qualified stock options to director Palekar
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PALEKAR ROHAN reported acquisition or exercise transactions in this Form 4 filing.
Neurogene Inc. director Rohan Palekar received a grant of 12,050 non-qualified stock options on February 20, 2026. These options give him the right to buy Neurogene shares if and when they vest.
The award vests in equal monthly installments over one year, with 1/12 of the options vesting each month starting March 20, 2026 and becoming fully vested by February 20, 2027, as long as he continues providing service to the company on each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PALEKAR ROHAN
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 insider transaction did Neurogene (NGNE) report for Rohan Palekar?
Neurogene reported that director Rohan Palekar received a grant of 12,050 non-qualified stock options on February 20, 2026. This is an equity award, not an open-market stock purchase or sale, and increases his potential future ownership in Neurogene.
How many Neurogene (NGNE) stock options were granted to Rohan Palekar?
Rohan Palekar was granted 12,050 non-qualified stock options in Neurogene. Each option represents the right to buy one share of Neurogene stock if the option vests and is exercised, aligning his potential upside with the company’s future performance.
What is the vesting schedule for Rohan Palekar’s Neurogene (NGNE) stock options?
The options vest in monthly installments over one year. Specifically, 1/12 of the total options vest each month beginning March 20, 2026, with full vesting on February 20, 2027, provided he continues to serve Neurogene on each vesting date.
Is Rohan Palekar’s Neurogene (NGNE) option grant tied to continued service?
Yes, vesting of the 12,050 stock options depends on ongoing service. Each monthly vesting installment from March 20, 2026 through February 20, 2027 is conditioned on Rohan Palekar’s continued provision of service to Neurogene on the relevant vesting date.
Does the Form 4 for Neurogene (NGNE) show a stock purchase or sale by Rohan Palekar?
The Form 4 reports an acquisition of stock options, not a market trade. It records a grant of 12,050 non-qualified options to director Rohan Palekar as compensation, with no open-market buying or selling of Neurogene common shares disclosed.
What type of equity award did Neurogene (NGNE) give director Rohan Palekar?
Neurogene granted non-qualified stock options to director Rohan Palekar. This derivative award gives him the right to buy 12,050 Neurogene shares if the options vest and he chooses to exercise them, linking his potential gains to the company’s share performance.