NextCure (NXTC) SVP awarded 8,270 employee stock options at $10.85
Rhea-AI Filing Summary
NextCure, Inc. reported that Senior Vice President of Development and Manufacturing Sourav K. Kundu received an employee stock option grant. On January 30, 2026, he was awarded options to buy 8,270 shares of common stock at an exercise price of $10.85 per share.
One fourth of the option vests on January 30, 2027, with the remaining portion vesting in 36 monthly installments beginning February 28, 2027. Following this grant, Kundu beneficially owns 8,270 stock options, all held directly.
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FAQ
What insider transaction did NextCure (NXTC) report for Sourav K. Kundu?
Sourav K. Kundu, Senior Vice President of Development and Manufacturing at NextCure, received an employee stock option grant. On January 30, 2026, he was awarded options for 8,270 shares of common stock at an exercise price of $10.85 per share.
How many NextCure (NXTC) stock options were granted in this Form 4 filing?
The Form 4 shows an award of 8,270 employee stock options to Sourav K. Kundu. These options give him the right to buy 8,270 shares of NextCure common stock at an exercise price of $10.85 per share, subject to the vesting schedule.
What is the vesting schedule for Sourav K. Kundu’s NextCure (NXTC) stock options?
One fourth of Sourav K. Kundu’s option grant vests on January 30, 2027. The remaining portion vests in 36 monthly installments beginning on February 28, 2027, creating a multi-year vesting period tied to continued service.
What is the exercise price of the employee stock options reported for NextCure (NXTC)?
The employee stock options granted to Sourav K. Kundu have an exercise price of $10.85 per share. This means he can purchase NextCure common stock at $10.85 per share once the options have vested and are exercisable under the grant terms.
How many NextCure (NXTC) derivative securities does Sourav K. Kundu own after this transaction?
After the reported grant, Sourav K. Kundu beneficially owns 8,270 derivative securities in the form of employee stock options. All 8,270 options are reported as held directly, reflecting his ownership position following this transaction.
Is the reported NextCure (NXTC) Form 4 transaction a purchase or a grant?
The reported Form 4 transaction is an employee stock option grant, coded as an acquisition ("A") of derivative securities. The options were granted at a $10.85 exercise price, with no cash price per option at the time of grant.