Vaxcyte CMO reports options on 23,941 shares
Chief Medical Officer Luis Jodar reports an initial option holding for 23,941 Vaxcyte shares vesting monthly over three years from May 22, 2026.
Rhea-AI Filing Summary
Vaxcyte, Inc. (PCVX) reported the initial equity holdings of Chief Medical Officer Luis Jodar on a Form 3. The filing shows a stock option to purchase 23,941 shares of common stock at an exercise price of $47.30 per share, expiring on May 22, 2036.
According to the disclosure, these options vest monthly over 36 months starting from May 22, 2026, contingent on Dr. Jodar’s continuous service with the company through each vesting date.
Positive
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Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jodar Luis
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 23,941 contracts (Direct)
Footnotes (1)
- F1. Options vest monthly over 36 months from May 22, 2026, the grant date, subject to Reporting Person's continuous service to the Company through each such date.
Key Figures
Underlying common shares: 23,941 shares
Exercise price: $47.30 per share
Vesting period: 36 months
+2 more
5 metrics
Underlying common shares
23,941 shares
Shares underlying the reported stock option held directly by the Chief Medical Officer
Exercise price
$47.30 per share
Exercise price of the reported stock option for Vaxcyte common stock
Vesting period
36 months
Options vest monthly over 36 months from the May 22, 2026 grant date
Expiration date
May 22, 2036
Expiration date of the reported stock option
Post-report option holding
23,941 options
Total stock options reported as held directly following the Form 3 entry
Key Terms
Stock Option (right to buy), exercise price, vesting, expiration date
4 terms
Stock Option (right to buy) financial
"The filing shows a stock option (right to buy) to purchase 23,941 shares"
exercise price financial
"an exercise price of $47.30 per share applies to the stock option"
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
"Options vest monthly over 36 months from May 22, 2026"
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.
expiration date financial
"the option has an expiration date of May 22, 2036"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider position did Vaxcyte (PCVX) report for Chief Medical Officer Luis Jodar?
Vaxcyte reported that Chief Medical Officer Luis Jodar holds a stock option to purchase 23,941 shares of common stock, as disclosed in his Form 3 initial statement of beneficial ownership.
What is the exercise price of Luis Jodar’s reported stock options in PCVX?
The reported stock option for Chief Medical Officer Luis Jodar has an exercise price of $47.30 per share, giving him the right to buy Vaxcyte common stock at that price, subject to vesting and expiration terms.
When do the Vaxcyte (PCVX) stock options reported by Luis Jodar start vesting?
The stock options reported by Luis Jodar vest monthly over 36 months beginning on May 22, 2026. Each monthly vesting is contingent on his continuous service with Vaxcyte through the relevant vesting date.
When do Chief Medical Officer Luis Jodar’s Vaxcyte (PCVX) stock options expire?
The disclosed stock options held by Chief Medical Officer Luis Jodar expire on May 22, 2036. After that date, any unexercised portion of the option can no longer be used to purchase Vaxcyte common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.