Parabilis director granted 20,215 stock options
Parabilis Medicines, Inc. director Alexis Borisy received a grant of stock options covering 20,215 shares of common stock.
Rhea-AI Filing Summary
Parabilis Medicines, Inc. director Alexis Borisy received a grant of stock options covering 20,215 shares of common stock. The options have an exercise price of $20.00 per share and expire on June 8, 2036.
These options vest and become exercisable in full on the earlier of June 9, 2027 or the date of the company’s next annual meeting of stockholders, subject to Borisy’s continued service. Following this grant, Borisy holds 20,215 stock options directly, according to the filing.
Positive
- None.
Negative
- None.
Insights
Routine director option grant with long-dated upside exposure.
Director Alexis Borisy received 20,215 stock options with a $20.00 exercise price, expiring on June 8, 2036. The grant appears to be compensation-related rather than an open-market purchase or sale, so it carries limited direct trading signal.
The options vest fully on the earlier of June 9, 2027 or the next annual stockholder meeting, contingent on continued board service. This structure encourages longer-term alignment with shareholders, but the economic impact depends on Parabilis Medicines’ share price relative to the $20.00 strike over time.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 20,215 | $0.00 | $0.00 |
Footnotes (1)
- F1. The shares underlying this option shall vest and become exercisable in full upon the earlier of (i) June 9, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service on such vesting date.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
exercise price financial
vesting financial
annual meeting of stockholders financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Parabilis Medicines (PBLS) director Alexis Borisy report on this Form 4?
What are the key terms of Alexis Borisy’s Parabilis Medicines stock option grant?
When do Alexis Borisy’s Parabilis Medicines (PBLS) options vest and become exercisable?
How many Parabilis Medicines options does Alexis Borisy hold after this Form 4 transaction?
Is this Parabilis Medicines (PBLS) Form 4 an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.