Neumora Therapeutics (NMRA) awards officer 375K stock options
Rhea-AI Filing Summary
Neumora Therapeutics, Inc. (NMRA) reported that officer Jason Duncan received a grant of stock options for 375,000 shares of common stock. The options have an exercise price of $1.52 per share and expire on August 20, 2036, with all options held as direct ownership.
According to the vesting terms, 25% of the option shares vest on August 20, 2027, the first anniversary of the Vesting Commencement Date, and the remaining shares vest in equal monthly installments over the following three years so that the grant is fully vested on the fourth anniversary.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Duncan Jason
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1 | 375,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 375,000 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
Options granted: 375,000 shares
Exercise price: $1.52 per share
Underlying common stock: 375,000 shares
+4 more
7 metrics
Options granted
375,000 shares
Stock Option (Right to Buy) grant to Jason Duncan on August 20, 2026
Exercise price
$1.52 per share
Conversion or exercise price of the stock options
Underlying common stock
375,000 shares
Shares of common stock underlying the stock option grant
Post-transaction option holdings
375,000 options
Total derivative securities held following the reported acquisition
Option expiration date
August 20, 2036
Expiration date of the granted stock options
Initial vesting portion
25% of shares
Portion of the option that vests on first anniversary of August 20, 2026
Monthly vesting fraction
1/48 of total shares
Monthly vesting rate after the 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
"shares subject to the option will be fully vested and exercisable"
FAQ
What equity award did Jason Duncan report on this Form 4 for NMRA?
Jason Duncan reported a grant of stock options for 375,000 shares of Neumora Therapeutics, Inc. common stock, with an exercise price of $1.52 per share and an expiration date of August 20, 2036.
What is the vesting schedule of Jason Duncan’s 375,000 NMRA stock options?
25% of the options vest on August 20, 2027, measured from the August 20, 2026 Vesting Commencement Date. 1/48th of the total shares vest monthly thereafter, so that 100% of the options are fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date.
What is the exercise price and expiration date of the NMRA options granted to Jason Duncan?
The options granted to Jason Duncan have an exercise price of $1.52 per share and an expiration date of August 20, 2036, covering 375,000 underlying shares of Neumora Therapeutics, Inc. common stock.
Is the Jason Duncan NMRA option grant reported as a purchase or an award?
The filing characterizes the transaction as a grant, award, or other acquisition of derivative securities under transaction code A, rather than an open-market purchase, with 375,000 stock options awarded at an exercise price of $1.52 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.