OnKure Therapeutics (OKUR) grants 22,350 options to board director Grey
Rhea-AI Filing Summary
OnKure Therapeutics director Michael G. Grey received a grant of 22,350 stock options to purchase Class A common stock at an exercise price of $4.14 per share. All options vest on the earlier of June 4, 2027 or the day before the next annual stockholder meeting, subject to continued service, and expire on August 6, 2036. Following this grant, he holds 22,350 options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GREY MICHAEL G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1 | 22,350 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 22,350 shares (Direct)
Footnotes (1)
- F1. 100% of the shares subject to the option will vest on the earlier of June 4, 2027 or the day prior to the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person continuing as a service provider through the applicable vesting date.
Key Figures
Options granted: 22,350 options
Exercise price: $4.14 per share
Expiration date: August 6, 2036
+3 more
6 metrics
Options granted
22,350 options
Stock Option (right to buy) grant to director on 2026-08-07
Exercise price
$4.14 per share
Conversion or exercise price for the granted stock options
Expiration date
August 6, 2036
Option term for the 22,350 stock options
Underlying shares
22,350 shares
Class A common stock underlying the granted options
Post-grant holdings
22,350 options
Total stock options held directly after the reported transaction
Vesting date
June 4, 2027
Cliff vesting, or earlier day before the next annual stockholder meeting
Key Terms
Stock Option (right to buy), exercise price, vesting, annual meeting of stockholders
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion or exercise price of $4.1400 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"100% of the shares subject to the option will vest on the earlier of June 4, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"earlier of June 4, 2027 or the day prior to the date of the Issuer's next annual meeting of stockholders"
FAQ
What equity award did OnKure Therapeutics (OKUR) director Michael G. Grey receive?
Michael G. Grey received a grant of 22,350 stock options for OnKure Therapeutics Class A common stock, with an exercise price of $4.14 per share, expiring on August 6, 2036.
When do Michael G. Grey’s new OnKure (OKUR) stock options vest?
The 22,350 stock options will vest 100% on the earlier of June 4, 2027 or the day prior to OnKure’s next annual stockholder meeting, assuming he continues as a service provider through that date.
What is the exercise price of the new OnKure (OKUR) stock options granted to Michael G. Grey?
The granted stock options have an exercise price of $4.14 per share. They cover 22,350 underlying Class A common shares and expire on August 6, 2036, providing long-dated equity-based compensation.
How many OnKure (OKUR) options does Michael G. Grey hold after this transaction?
After this award, Michael G. Grey directly holds 22,350 stock options for OnKure Therapeutics. These options relate to 22,350 underlying Class A common shares, all subject to a single cliff vesting event.
Is Michael G. Grey’s OnKure (OKUR) option grant part of a 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not reference any trading plan, indicating this option grant is not reported as pursuant to a 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.