Neumora Therapeutics (NMRA) grants chair 500K stock options
Rhea-AI Filing Summary
Neumora Therapeutics, Inc. (NMRA) reported that Executive Chair of the Board Paul L. Berns received a stock option grant covering 500,000 shares of common stock at an exercise price of $1.52 per share. The option expires on August 20, 2036 and is held as a direct derivative position.
According to the vesting terms, 25% of the shares subject to the option vest on the first anniversary of August 20, 2026, and 1/48 of the total shares vest monthly thereafter so that the option becomes fully vested on the fourth anniversary of the Vesting Commencement Date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BERNS PAUL L
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1 | 500,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 500,000 shares (Direct)
Footnotes (1)
- F1. 25% of the shares subject to the option vest on the first anniversary measured from August 20, 2026 (the "Vesting Commencement Date"), and 1/48th of the total number of shares vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date.
Key Figures
Stock options granted: 500,000 shares
Exercise price: $1.52 per share
Underlying common shares: 500,000 shares
+3 more
6 metrics
Stock options granted
500,000 shares
Stock Option (Right to Buy) granted to Paul L. Berns
Exercise price
$1.52 per share
Conversion or exercise price of the granted stock option
Underlying common shares
500,000 shares
Underlying Neumora Therapeutics, Inc. common stock for the option
Option expiration date
August 20, 2036
Expiration date of the granted stock option
Initial vesting tranche
25% of shares
Vests on first anniversary of August 20, 2026
Ongoing vesting rate
1/48 of total shares monthly
Monthly vesting after first anniversary until fully vested
Key Terms
Stock Option (Right to Buy), Vesting Commencement Date, fully vested and exercisable
3 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Vesting Commencement Date financial
"measured from August 20, 2026 (the "Vesting Commencement Date")"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
fully vested and exercisable financial
"100% of the shares subject to the option will be fully vested and exercisable"
FAQ
What equity award did Paul L. Berns receive from NMRA in this Form 4?
Paul L. Berns received a stock option grant for 500,000 shares of Neumora Therapeutics, Inc. common stock, reported as a derivative security held directly following the transaction.
What is the exercise price and expiration date of the NMRA options granted to Paul L. Berns?
The options have an exercise price of $1.52 per share and an expiration date of August 20, 2036, as disclosed for the 500,000-share stock option grant.
How do the NMRA options granted to Paul L. Berns vest?
The options vest 25% on the first anniversary of August 20, 2026. Thereafter, 1/48 of the total shares vest monthly until the options are 100% vested on the fourth anniversary of the Vesting Commencement Date.
How many NMRA derivative securities does Paul L. Berns hold after this transaction?
Following the reported transaction, Paul L. Berns holds 500,000 derivative securities in the form of stock options, corresponding to 500,000 underlying shares of Neumora Therapeutics, Inc. common stock.
Is this NMRA Form 4 transaction a purchase or a grant of options?
The filing reports a grant/award acquisition of stock options, coded as an "A" transaction, rather than an open-market purchase or sale. It reflects an equity award to Paul L. Berns as Executive Chair of the Board.
AI-generated analysis. How Rhea-AI works. Not financial advice.