NextCure (NXTC) director awarded options for 2,340 shares at $2.02
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NextCure, Inc. director Elaine V. Jones reported receiving a stock option grant as compensation. She was awarded options to acquire 2,340 shares of common stock at an exercise price of $2.02 per share, expiring on June 17, 2036.
According to the filing, this option vests in full on the earlier of June 18, 2027 or the date of NextCure’s 2027 annual meeting of stockholders. This is an acquisition of derivative securities by a director, not an open‑market purchase or sale of common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jones Elaine V
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
+2 more
5 metrics
Option grant size
2,340 options
Stock Option (Right to Buy) granted to director
Exercise price
$2.02 per share
Conversion or exercise price for the stock option
Underlying shares
2,340 shares
Common stock underlying the option grant
Expiration date
June 17, 2036
Option expiration for the director grant
Vesting date trigger
June 18, 2027
Earlier of this date or 2027 annual meeting for full vesting
Key Terms
Stock Option (Right to Buy), Grant, award, or other acquisition, underlying security shares, vests in full, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
vests in full financial
"The option vests in full on the earlier of June 18, 2027"
expiration date financial
"expiration_date: "2036-06-17T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.