NextCure (NXTC) director receives 2,340 options at $2.02 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NextCure, Inc. director Anne Elizabeth Borgman reported a grant of stock options covering 2,340 shares of common stock at an exercise price of $2.02 per share. The option vests in full on the earlier of June 18, 2027 and the 2027 Annual Meeting of Stockholders and expires on June 17, 2036. Following this grant, she holds 2,340 options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Borgman Anne Elizabeth
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 2,340 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 2,340 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 2,340 options
Exercise price: $2.02 per share
Underlying shares: 2,340 shares
+3 more
6 metrics
Option grant size
2,340 options
Stock Option (Right to Buy) awarded to director
Exercise price
$2.02 per share
Conversion or exercise price of stock option
Underlying shares
2,340 shares
Common Stock underlying the option award
Post-grant holdings
2,340 options
Total options held following this transaction
Vesting date trigger
June 18, 2027
Full vesting on earlier of this date or 2027 Annual Meeting
Option expiration
June 17, 2036
Expiration date of the stock option award
Key Terms
Stock Option (Right to Buy), Common Stock, Grant, award, or other acquisition, Annual Meeting of Stockholders
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Annual Meeting of Stockholders financial
"the date of the 2027 Annual Meeting of Stockholders"
FAQ
What insider transaction did NextCure (NXTC) director Anne Borgman report?
Anne Elizabeth Borgman reported receiving a stock option grant covering 2,340 shares of NextCure common stock. The options were awarded as a compensation grant and are exercisable into common shares at a fixed price if vesting and other terms are met.
What is the exercise price of Anne Borgman’s NextCure (NXTC) stock options?
The options have an exercise price of $2.02 per share of NextCure common stock. This means she can purchase the underlying shares at $2.02, once the options have vested and before they expire in 2036, subject to the award terms.
When do Anne Borgman’s NextCure (NXTC) options vest?
The option vests in full on the earlier of June 18, 2027 and the date of NextCure’s 2027 Annual Meeting of Stockholders. Full vesting on one of these dates allows her to exercise the entire 2,340-share award afterward, before expiration.
When do Anne Borgman’s NextCure (NXTC) stock options expire?
The stock options reported by Anne Borgman expire on June 17, 2036. After that expiration date, any unexercised portion of the 2,340-share award can no longer be converted into common stock, even if the options had previously vested in full.
How many NextCure (NXTC) options does Anne Borgman hold after this grant?
Following this transaction, Anne Borgman is reported to hold 2,340 stock options directly. This total matches the size of the newly granted award, indicating this filing reflects a single compensation-related option grant rather than multiple separate awards.