Oruka Therapeutics (ORKA) grants stock and options to General Counsel
Rhea-AI Filing Summary
Oruka Therapeutics, Inc. reported that its General Counsel, Paul T. Quinlan, received new equity awards on January 23, 2026.
He acquired 32,500 shares of common stock at a price of $0, held directly. This grant vests as to 1/16 of the shares on each March 14, June 14, September 14 and December 14 (or if not a trading day, the immediately preceding trading day).
Quinlan was also granted an employee stock option for 130,000 shares of common stock at an exercise price of $34.39 per share, expiring on January 22, 2036. The option vests as to 1/48 of the underlying shares monthly from January 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 130,000 | $0.00 | -- |
| Grant/Award | Common Stock | 32,500 | $0.00 | -- |
Footnotes (1)
- The grant vests as to 1/16 of the shares on each March 14, June 14, September 14 and December 14 (or if not a trading day, the immediately preceding trading day). The option vests as to 1/48 of the underlying shares monthly from January 1, 2026.
FAQ
What insider transaction did Oruka Therapeutics (ORKA) report for Paul Quinlan?
Oruka Therapeutics reported that General Counsel Paul T. Quinlan received a grant of 32,500 shares of common stock and an option to purchase 130,000 shares of common stock on January 23, 2026.
What are the key terms of Paul Quinlans stock option grant at Oruka Therapeutics (ORKA)?
Quinlan received an employee stock option covering 130,000 shares of Oruka Therapeutics common stock with an exercise price of $34.39 per share and an expiration date of January 22, 2036.
How does the common stock grant to Paul Quinlan at Oruka Therapeutics vest?
The 32,500-share common stock grant vests as to 1/16 of the shares on each March 14, June 14, September 14 and December 14, or the immediately preceding trading day if those dates are not trading days.
Is Paul Quinlans ownership in Oruka Therapeutics reported as direct or indirect?
Both the 32,500 common shares and the 130,000-share stock option are reported as direct (D) ownership, with no separate entity listed for indirect beneficial ownership.