NXTC Director Gets 18,700-Share Option at $0.47 – Routine Form 4
NextCure, Inc. (NXTC) – Form 4 insider filing On 24 June 2025, director Ellen Feigal filed a Form 4 reporting the grant of a stock option on 20 June 2025.
Rhea-AI Filing Summary
NextCure, Inc. (NXTC) – Form 4 insider filing
On 24 June 2025, director Ellen Feigal filed a Form 4 reporting the grant of a stock option on 20 June 2025. The option covers 18,700 shares of common stock at an exercise price of $0.47 per share. It vests in full on the earlier of 20 June 2026 or the date of NextCure’s 2026 Annual Meeting of Stockholders and carries an expiration date of 19 June 2035. Ownership is reported as direct.
No open-market purchases or sales of common shares were disclosed, and no additional derivative or non-derivative transactions were listed. After the grant, Dr. Feigal’s beneficial ownership consists solely of these 18,700 option shares.
The filing represents a routine equity incentive award to a director and does not convey new operational or financial performance data.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine director option grant; neutral impact on valuation or near-term stock performance.
The Form 4 shows a standard incentive option for 18,700 shares at $0.47. No cash transactions occurred, and the strike aligns roughly with recent market prices, indicating a routine annual award rather than an opportunistic trade. The size is immaterial relative to NextCure’s float, so dilution risk is negligible. Because no insider buying or selling signal is present, and no operational information accompanies the filing, investors should view the disclosure as administratively neutral.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 18,700 | $0.00 | $0.00 |
Footnotes (1)
- F1. The option vests in full on the earlier of June 20, 2026 and the date of the 2026 Annual Meeting of Stockholders.
FAQ
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What did the NXTC Form 4 dated June 24 2025 disclose?
Who is the reporting insider in the June 2025 Form 4 for NextCure?
When do the newly granted NXTC options vest and expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.