OKYO Pharma (OKYO) CFO receives grant of 40,000 options at $1.85
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OKYO Pharma Ltd reported that Chief Financial Officer Keeren Rameshchandra Shah received a grant of options covering 40,000 common shares at an exercise price of $1.85 per share. These options are exercisable beginning on June 8, 2027 and expire on June 8, 2036. Following this award, the filing shows 544,819 derivative securities held directly, indicating this is a compensation-related grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shah Keeren Rameshchandra
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option | 40,000 | $1.85 | $74K |
Holdings After Transaction:
Option — 544,819 shares (Direct, null)
Footnotes (1)
Key Figures
Option grant size: 40,000 options
Exercise price: $1.85 per share
Underlying common shares: 40,000 shares
+3 more
6 metrics
Option grant size
40,000 options
Grant to CFO on June 8, 2026
Exercise price
$1.85 per share
Strike price for granted options
Underlying common shares
40,000 shares
Shares deliverable upon option exercise
Total derivatives after grant
544,819 securities
Derivative securities held directly after transaction
Exercise start date
June 8, 2027
First exercisable date for the options
Expiration date
June 8, 2036
Final expiration of the option award
Key Terms
Grant, award, or other acquisition, Option, Common Shares, exercise price
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Option financial
"security_title: Option with underlying common shares"
exercise price financial
"conversion_or_exercise_price of 1.8500 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.
FAQ
What insider transaction did OKYO Pharma (OKYO) report for its CFO?
OKYO Pharma reported its CFO received a grant of options on 40,000 common shares. The award is a compensation-related grant, not an open-market share purchase, and was disclosed as a derivative transaction in the latest insider report.
At what price were the new OKYO Pharma (OKYO) CFO options granted?
The CFO’s new options were granted with an exercise price of $1.85 per share. This means the holder can buy common shares at $1.85 once exercisable, regardless of the market price at that future time.
When can the OKYO Pharma (OKYO) CFO begin exercising the new options?
The options become exercisable on June 8, 2027. From that date until expiration, the CFO may choose to convert the options into common shares at the stated exercise price, subject to any additional plan terms not shown here.
When do the newly granted OKYO Pharma (OKYO) CFO options expire?
The options granted to the CFO expire on June 8, 2036. After this expiration date, any unexercised options become worthless, so potential value from this award depends on both share price performance and timely exercise.
How many derivative securities does the OKYO Pharma (OKYO) CFO hold after this grant?
After the 40,000-option grant, total derivative securities reported as held directly are 544,819. This figure shows the CFO’s overall option-based exposure to OKYO Pharma’s common shares following the latest compensation-related award.
Was the OKYO Pharma (OKYO) CFO’s transaction a market buy or a compensation grant?
The transaction was a compensation-related grant, described as a “Grant, award, or other acquisition.” It did not involve an open-market share purchase or sale, but rather an option award giving future rights to acquire common shares.