OnKure (OKUR) CFO granted 110,000 stock options at $4.07
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OnKure Therapeutics, Inc. reported that Chief Financial Officer Jason A. Leverone received an employee stock option grant covering 110,000 shares of Class A common stock. The options have an exercise price of $4.07 per share and expire on March 31, 2036.
According to the vesting schedule, 1/48th of the shares subject to the option will vest on May 1, 2026 and monthly thereafter, as long as he continues as a service provider through each vesting date. Following this grant, he holds 110,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Leverone Jason A.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 110,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 110,000 shares (Direct)
Footnotes (1)
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Key Figures
Options granted: 110,000 options
Exercise price: $4.07 per share
Underlying shares: 110,000 shares
+3 more
6 metrics
Options granted
110,000 options
Employee stock option grant to CFO on April 1, 2026
Exercise price
$4.07 per share
Exercise price for the employee stock option grant
Underlying shares
110,000 shares
Class A common stock underlying the options
Expiration date
March 31, 2036
Option expiration for the CFO grant
Post-grant options held
110,000 options
Total derivative securities following the transaction
Initial vesting date
May 1, 2026
1/48th of option shares vest on this date
Key Terms
Employee Stock Option (right to buy), exercise price, expiration date, vesting
4 terms
Employee Stock Option (right to buy) financial
"security_title: Employee Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 4.0700 per share exercise price"
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.
expiration date financial
"expiration_date: options expire on 2036-03-31"
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.
vesting financial
"1/48th of the shares subject to the option shall vest on May 1, 2026"
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.
FAQ
What insider transaction did OnKure Therapeutics (OKUR) report for its CFO?
OnKure Therapeutics reported its CFO received an option grant for 110,000 shares of Class A common stock. This employee stock option has an exercise price of $4.07 per share and represents equity-based compensation rather than an open-market stock purchase or sale.
What is the exercise price of the OnKure (OKUR) CFO’s new stock options?
The CFO’s new employee stock options have an exercise price of $4.07 per share. This means he can buy OnKure Class A common stock at $4.07 if the options vest and are exercised before their March 31, 2036 expiration date.
How many stock options does the OnKure (OKUR) CFO hold after this Form 4?
After this grant, the CFO holds 110,000 employee stock options directly. These options are tied to 110,000 shares of Class A common stock and vest gradually over time according to the monthly vesting schedule described in the filing footnote.
What is the vesting schedule for the OnKure (OKUR) CFO’s option grant?
The option vests over four years, with 1/48th of the shares vesting on May 1, 2026 and monthly thereafter. Vesting continues only if the CFO remains a service provider to the company through each vesting date, aligning compensation with ongoing service.
When do the newly granted OnKure (OKUR) stock options expire?
The newly granted employee stock options expire on March 31, 2036. The CFO can exercise vested portions any time before this expiration date, subject to the option terms and continued service conditions described in the Form 4 and related footnote.