Nkarta (NKTX) director granted 37,000 stock options for RA Capital funds
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nkarta, Inc. director Zachary Scheiner reported an award of stock options covering 37,000 shares of common stock at an exercise price of $2.46 per share. The options vest 100% on the earlier of June 10, 2027 or the day before the first annual stockholder meeting after the grant, and expire on June 9, 2036. Under an arrangement with RA Capital Management, L.P., Scheiner holds the option for the benefit of RA Capital Healthcare Fund, L.P. and RA Capital Nexus Fund, L.P. and disclaims beneficial ownership of the option and underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scheiner Zachary
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 37,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 37,000 shares (Direct, null)
Footnotes (1)
- All shares subject to the option vest 100% on the first to occur of (i) June 10, 2027 or (ii) the day immediately preceding the first annual meeting of the Issuer's stockholders to occur after the date of grant of the award. Each grant, to the extent outstanding and otherwise unvested, will become fully vested should a "change in control" of the Issuer occur (as described in the applicable award agreement) or upon the Reporting Person's separation from service with the Issuer due to the Reporting Person's death or "disability" (as described in the applicable award agreement). Under the Reporting Person's arrangement with RA Capital Management, L.P. (the "Adviser"), the Reporting Person holds the stock option for the benefit of the RA Capital Healthcare Fund, L.P. (the "Fund") and the RA Capital Nexus Fund, L.P. (the "Nexus Fund"). The Reporting Person is obligated to turn over to the Adviser any net cash or stock received upon exercise of the stock option, which will offset advisory fees owed by the Fund and the Nexus Fund to the Adviser. The Reporting Person therefore disclaims beneficial ownership of the stock option and underlying common stock.
Key Figures
Stock options granted: 37,000 options
Exercise price: $2.46 per share
Expiration date: June 9, 2036
+2 more
5 metrics
Stock options granted
37,000 options
Grant of stock options to director Zachary Scheiner
Exercise price
$2.46 per share
Exercise price for 37,000 Nkarta common shares
Expiration date
June 9, 2036
Option expiration for Scheiner’s 37,000-share grant
Vesting date trigger
June 10, 2027
Full vesting or earlier day before first annual meeting
Underlying shares
37,000 shares
Underlying Nkarta common stock for the option grant
Key Terms
stock option, change in control, beneficial ownership, advisory fees, +1 more
5 terms
stock option financial
"All shares subject to the option vest 100% on the first to occur"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
change in control financial
"will become fully vested should a "change in control" of the Issuer occur"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
beneficial ownership financial
"The Reporting Person therefore disclaims beneficial ownership of the stock option"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
advisory fees financial
"which will offset advisory fees owed by the Fund and the Nexus Fund"
Advisory fees are payments made to financial advisors or investment managers for guidance, portfolio management, or other services, typically charged as a fixed amount or a percentage of assets under management. They matter because they lower an investor’s net returns—like paying a mechanic to tune a car, you expect better performance, so investors weigh whether the cost is justified by higher returns, better risk control, or convenience.
disability financial
"due to the Reporting Person's death or "disability""
FAQ
What insider transaction did Nkarta (NKTX) report for Zachary Scheiner?
Nkarta director Zachary Scheiner reported a grant of stock options for 37,000 shares of common stock at an exercise price of $2.46 per share, representing a compensation-related award rather than an open-market stock purchase or sale.
When do Zachary Scheiner’s Nkarta (NKTX) stock options vest and expire?
All 37,000 stock options vest 100% on the earlier of June 10, 2027 or the day immediately before Nkarta’s first annual stockholder meeting after the grant. The options carry an expiration date of June 9, 2036, defining their long-term exercise window.
What is the exercise price of the Nkarta (NKTX) stock options granted to Zachary Scheiner?
The stock options granted to Zachary Scheiner have an exercise price of $2.46 per share for 37,000 underlying shares of Nkarta common stock, meaning they can be exercised to buy shares at that fixed price through their June 9, 2036 expiration.
Who benefits economically from Zachary Scheiner’s Nkarta (NKTX) stock option grant?
Under Scheiner’s arrangement with RA Capital Management, L.P., any net cash or stock from exercising the option is turned over to RA Capital Healthcare Fund, L.P. and RA Capital Nexus Fund, L.P., offsetting advisory fees, and Scheiner disclaims beneficial ownership.
How does a change in control affect Zachary Scheiner’s Nkarta (NKTX) stock options?
If a change in control of Nkarta occurs, any then-outstanding and unvested portion of Scheiner’s 37,000-share option becomes fully vested, as described in the applicable award agreement, accelerating vesting relative to the standard time-based schedule.