PDS Biotechnology CEO granted 548,782 stock options
PDS Biotechnology Corp reported that President and CEO Frank Bedu-Addo received a grant of stock options covering 548,782 shares of the company’s stock.
Rhea-AI Filing Summary
PDS Biotechnology Corp reported that President and CEO Frank Bedu-Addo received a grant of stock options covering 548,782 shares of the company’s stock. The options were granted at an exercise price of $0.00 per share as an employee stock option award.
According to the terms, 25% of the underlying shares will vest and become exercisable on January 12, 2027. The remaining 75% will vest in 36 equal monthly installments after that date, contingent on his continued service with the company through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 548,782 | $0.00 | $0.00 |
Footnotes (1)
- F1. The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on January 12, 2027, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PDSB report for Frank Bedu-Addo?
How many stock options were granted to the PDSB CEO in this Form 4?
What is the vesting schedule for Frank Bedu-Addo’s PDSB option grant?
Is the PDSB CEO’s option grant reported as a purchase or an award?
What does the transaction code "A" mean in the PDSB Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.