Parabilis director granted 20K stock options
Parabilis Medicines, Inc. (PBLS) reported that director Craig Tendler received a grant of 20,294 stock options on August 22, 2026.
Rhea-AI Filing Summary
Parabilis Medicines, Inc. (PBLS) reported that director Craig Tendler received a grant of 20,294 stock options on August 22, 2026. The options carry an exercise price of $39.36 per share and expire on August 21, 2036. According to the grant terms, the options will vest in 36 equal monthly installments starting August 22, 2026, conditioned on Dr. Tendler’s continued service, resulting in post-transaction direct beneficial ownership of 20,294 derivative securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 20,294 shares
Grant/Award
1 txn
Insider
Tendler Craig
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1 | 20,294 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 20,294 contracts (Direct)
Footnotes (1)
- F1. The shares subject to this option shall vest and become exercisable in thirty-six (36) equal monthly installments commencing from August 22, 2026, subject to the Reporting Person's continued service on each such vesting date.
Key Figures
Stock options granted: 20,294 options
Exercise price: $39.36 per share
Expiration date: August 21, 2036
+2 more
5 metrics
Stock options granted
20,294 options
Grant to Craig Tendler on August 22, 2026
Exercise price
$39.36 per share
Exercise price for the 20,294 stock options
Expiration date
August 21, 2036
Expiration of the granted stock options
Underlying common stock
20,294 shares
Shares of PBLS common stock underlying the options
Vesting schedule
36 equal monthly installments
Vesting commencing August 22, 2026, subject to continued service
Key Terms
Stock Option (Right to Buy), exercise price, vesting, derivative securities
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 39.3600"
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.
vesting financial
"shares subject to this option shall vest and become exercisable"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
derivative securities financial
"reported as a derivative transaction and derivative securities"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What insider transaction did PBLS director Craig Tendler report on this Form 4?
Craig Tendler reported the grant of 20,294 stock options for Parabilis Medicines, Inc. (PBLS) on August 22, 2026. The options are a compensation-related award, not a market purchase or sale of common shares.
What is the exercise price of the stock options granted to the PBLS director?
The stock options granted to Craig Tendler have an exercise price of $39.36 per share. Each option allows the holder to buy one share of PBLS common stock at this price once the option is vested and exercisable.
How many PBLS stock options did Craig Tendler hold after this transaction?
After the reported grant, Craig Tendler held 20,294 stock options for PBLS as directly owned derivative securities. This figure reflects the total derivative holdings reported following the transaction.
When do Craig Tendler’s PBLS stock options start vesting and over what period?
The options start vesting on August 22, 2026 and will vest in 36 equal monthly installments. Vesting is subject to Dr. Tendler’s continued service on each vesting date.
When do the PBLS stock options granted to Craig Tendler expire?
The stock options granted to Craig Tendler are scheduled to expire on August 21, 2036. Any unexercised options after this date will lapse according to the grant terms.
Was the PBLS Form 4 transaction reported under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that this grant was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.