Parabilis director holds option on 16,245 shares
Parabilis Medicines, Inc. (symbol PBLS) reported the initial equity holdings of director Craig Tendler in a Form 3.
Rhea-AI Filing Summary
Parabilis Medicines, Inc. (symbol PBLS) reported the initial equity holdings of director Craig Tendler in a Form 3. Tendler holds a stock option to purchase 16,245 shares of Parabilis Medicines common stock at an exercise price of $2.42 per share, expiring on March 19, 2035.
According to the vesting terms, 25% of the shares subject to this option vested and became exercisable on January 31, 2026, with the remaining shares vesting in 36 equal monthly installments thereafter, subject to Tendler’s continued service on each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tendler Craig
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 16,245 contracts (Direct)
Footnotes (1)
- F1. 25% of the shares subject to this option vested and became exercisable on January 31, 2026 with the remainder vesting in thirty-six (36) equal monthly installments thereafter, subject to the Reporting Person's continued service on each such vesting date.
Key Figures
Underlying option shares: 16,245 shares
Exercise price: $2.42 per share
Option expiration date: March 19, 2035
+2 more
5 metrics
Underlying option shares
16,245 shares
Shares of Parabilis Medicines, Inc. common stock underlying the reported stock option holding
Exercise price
$2.42 per share
Exercise price of the stock option held by director Craig Tendler
Option expiration date
March 19, 2035
Expiration date of the reported stock option
Initial vested portion
25%
Portion of option shares that vested and became exercisable on January 31, 2026
Remaining vesting schedule
36 monthly installments
Unvested option shares vest in 36 equal monthly installments after January 31, 2026
Key Terms
Stock Option (right to buy), exercise price, underlying security, vested and became exercisable, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"exercisePrice: 2.4200"
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.
underlying security financial
"underlying_security_title: Common Stock"
vested and became exercisable financial
"25% of the shares subject to this option vested and became exercisable"
monthly installments financial
"remainder vesting in thirty-six (36) equal monthly installments"
Monthly installments are regular, fixed payments made each month to gradually pay off a larger amount, such as a loan or purchase. Think of it like paying for a big item in small, manageable parts instead of all at once. For investors, understanding installment payments helps gauge how debts are structured and how they might affect financial stability or cash flow over time.
FAQ
What insider position did PBLS director Craig Tendler report on this Form 3?
Craig Tendler reported holding a stock option covering 16,245 shares of Parabilis Medicines, Inc. common stock. The option has an exercise price of $2.42 per share and an expiration date of March 19, 2035, held as a direct ownership position.
What are the vesting terms of Craig Tendler’s stock option in PBLS?
The filing states that 25% of the option shares vested and became exercisable on January 31, 2026. The remaining shares vest in 36 equal monthly installments thereafter, each installment subject to Craig Tendler’s continued service on the applicable vesting date.
What is the exercise price and expiration date of Craig Tendler’s PBLS option?
The stock option reported by Craig Tendler has an exercise price of $2.42 per share and an expiration date of March 19, 2035. The underlying security is Parabilis Medicines, Inc. common stock.
Does the Form 3 for PBLS report any insider stock purchases or sales by Craig Tendler?
No purchases or sales are reported. The Form 3 lists a holding of a stock option to buy 16,245 shares of common stock, with no buy or sell transaction code indicated and no shares acquired or disposed in this filing.
Is Craig Tendler a director or officer of PBLS according to this Form 3?
The Form 3 identifies Craig Tendler as a director of Parabilis Medicines, Inc. It does not list him as an officer or ten percent owner, and no officer title is provided in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.