Nurix Therapeutics (NRIX) awards CEO Arthur Sands 562,500 options
Rhea-AI Filing Summary
Nurix Therapeutics President and CEO Arthur T. Sands received an employee stock option grant covering 562,500 shares of common stock at an exercise price of $16.45 per share on February 10, 2026.
The option vests in 36 equal monthly installments beginning March 10, 2026, and becomes fully vested on February 9, 2029, subject to his continued service. It is scheduled to expire on February 9, 2036.
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FAQ
What did Nurix Therapeutics (NRIX) disclose about CEO Arthur Sands in this Form 4?
The filing shows Arthur T. Sands, Nurix Therapeutics’ President and CEO, received an employee stock option grant for 562,500 shares. These options give him the right to buy Nurix common stock at a fixed exercise price of $16.45 per share.
How many Nurix Therapeutics (NRIX) stock options were granted to the CEO?
The Form 4 reports that CEO Arthur T. Sands was granted 562,500 employee stock options. Each option represents the right to purchase one share of Nurix common stock, subject to the vesting schedule and other terms described in the filing.
What is the exercise price of Arthur Sands’ Nurix (NRIX) stock options?
The employee stock options granted to Arthur T. Sands carry an exercise price of $16.45 per share. This means he can purchase Nurix common stock at $16.45 once the options vest and while they remain unexpired.
How do the Nurix (NRIX) CEO’s stock options vest over time?
The stock option vests as to 1/36 of the total shares monthly, starting on March 10, 2026. Vesting continues each month until the grant is fully vested on February 9, 2029, conditioned on his continued service to Nurix.
When do Arthur Sands’ Nurix (NRIX) stock options expire?
The Form 4 states the employee stock option held by Arthur T. Sands has an expiration date of February 9, 2036. After that date, any unexercised portion of the 562,500 options would no longer be exercisable.
Is the Nurix (NRIX) CEO’s option grant reported as directly owned?
Yes. The filing classifies the 562,500 employee stock options as directly owned (D) by Arthur T. Sands. There is no indication in the footnotes that another entity holds voting or investment authority over these derivative securities.