Oric director granted options for 40,000 shares
Oric Pharmaceuticals director Steven L. Hoerter reported a new stock option grant for 40,000 shares of common stock.
Rhea-AI Filing Summary
Oric Pharmaceuticals director Steven L. Hoerter reported a new stock option grant for 40,000 shares of common stock. The option, with an exercise price of $8.17 per share, was awarded on January 2, 2026 and is held directly. It is scheduled to vest in equal monthly installments, with 1/12 of the shares vesting on each one-month anniversary of January 2, 2026, until fully vested. The option expires on January 1, 2036, giving the director a long-dated right to purchase Oric common shares at the fixed exercise price.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 40,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 1/12th of the shares subject to the option shall vest on each one month anniversary of January 2, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ORIC report in this Form 4?
The filing reports that director Steven L. Hoerter received a stock option grant for 40,000 shares of Oric Pharmaceuticals common stock on January 2, 2026.
What are the key terms of Steven L. Hoerter’s ORIC stock option?
The option covers 40,000 shares of common stock at an exercise price of $8.17 per share, was granted on January 2, 2026, and expires on January 1, 2036.
Is the ORIC stock option held directly or indirectly by the reporting person?
The filing indicates the 40,000-share stock option is held directly (D) by Steven L. Hoerter, with no indirect ownership entity listed.
What role does Steven L. Hoerter have at Oric Pharmaceuticals (ORIC)?
The reporting person is identified as a director of Oric Pharmaceuticals, Inc., and is not listed as an officer or 10% owner in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.