OS Therapies grants CFO 750,000 stock options
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Rhea-AI Filing Summary
OS Therapies Inc (OSTX) Chief Financial Officer Francis Knuettel II received 250,000 restricted stock units (RSUs) and options to purchase 750,000 common shares on November 10, 2026. The options have a $0.89 exercise price and expire November 10, 2036. For both awards, 20% vested on the grant date; the remaining 80% vest in 12 equal quarterly installments from December 31, 2026 through September 30, 2029, provided he remains an employee on each vesting date. He also reported 20,000 common shares held by the Lara Knuettel Revocable Trust; he is its co-trustee and disclaims beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock options (right to buy) F3 | 750,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 250,000 | $0.00 | $0.00 |
| Holding | Common Stock F2 | -- | -- | -- |
Footnotes (3)
- F1. On November 10, 2026 (the "Grant Date"), the reporting person was granted 250,000 restricted stock units ("RSUs") pursuant to the terms and conditions of a restricted stock unit award agreement and the issuer's amended and restated 2023 incentive compensation plan. Each RSU represents a contingent right to receive one share of the issuer's common stock upon vesting and settlement. 20% of the RSUs vested on the Grant Date, and the remaining 80% vest in 12 equal quarterly installments on the last day of each calendar quarter, commencing December 31, 2026 and ending September 30, 2029, provided that the reporting person is serving as an employee of the issuer on each applicable vesting date.
- F2. The reporting person is the co-trustee of the Lara Knuettel Revocable Trust and may be deemed to beneficially own the shares of common stock held of record by such trust. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F3. On the Grant Date, the reporting person was granted options to purchase 750,000 shares of the issuer's common stock pursuant to the terms and conditions of a stock option award agreement and the issuer's amended and restated 2023 incentive compensation plan. 20% of these options vested on the Grant Date, and the remaining 80% vest in 12 equal quarterly installments on the last day of each calendar quarter, commencing December 31, 2026 and ending September 30, 2029, provided that the reporting person is serving as an employee of the issuer on each applicable vesting date.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
stock option award agreement financial
pecuniary interest financial
FAQ
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What awards did the OS Therapies (OSTX) CFO receive?
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