PepGen director granted 34,000 stock options
PepGen Inc. director Heidi Henson received a grant of stock options covering 34,000 shares of common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
PepGen Inc. director Heidi Henson received a grant of stock options covering 34,000 shares of common stock. The options have an exercise price of $1.79 per share and expire on June 17, 2036.
These options vest in full on the earlier of the first anniversary of the grant date or the next Annual Meeting, subject to continued service on the board unless the board determines otherwise.
Insider Trade Summary
Grant/Award: 34,000 shares
Grant/Award
1 txn
Insider
HENSON HEIDI
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 34,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 34,000 contracts (Direct)
Footnotes (1)
- F1. This option shall vest in full upon the earlier of (i) the first anniversary of the date of grant or (ii) the date of the next Annual Meeting; provided, however, that all vesting shall cease if the individual ceases to serve as a director, unless the Board of Directors determines that the circumstances warrant continuation of vesting.
Key Figures
Options granted: 34,000 options
Exercise price: $1.79 per share
Expiration date: June 17, 2036
+1 more
4 metrics
Options granted
34,000 options
Stock Option (Right to Buy) grant to director
Exercise price
$1.79 per share
Conversion or exercise price of options
Expiration date
June 17, 2036
Option term end date
Total options after grant
34,000 options
Holdings following transaction, direct ownership
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, Annual Meeting
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 1.7900"
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.
expiration date financial
"expiration_date: 2036-06-17T00:00:00.000Z"
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.
Annual Meeting financial
"earlier of the first anniversary of the date of grant or (ii) the date of the next Annual Meeting"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PepGen (PEPG) director Heidi Henson report in this Form 4?
Heidi Henson reported receiving a grant of stock options for 34,000 shares of PepGen common stock at an exercise price of $1.79 per share, expiring June 17, 2036, as part of her director compensation package.
What are the key terms of Heidi Henson’s PepGen stock option grant?
The grant covers 34,000 shares of PepGen common stock with an exercise price of $1.79 per share. The options expire on June 17, 2036, giving long-term potential value if the share price exceeds the exercise price.
How do Heidi Henson’s PepGen stock options vest?
The options vest in full on the earlier of the first anniversary of the grant date or the date of the next Annual Meeting. Vesting continues only while she serves as a director, unless the board decides circumstances justify continued vesting.
How many PepGen options does Heidi Henson hold after this transaction?
After this transaction, Heidi Henson holds 34,000 stock options directly. These options give her the right to buy an equal number of PepGen common shares at $1.79 per share if they become vested and she chooses to exercise them.
Is Heidi Henson’s PepGen Form 4 transaction a market purchase or sale?
No, this Form 4 reflects a compensation-related grant, not a market trade. The stock options were awarded with a $1.79 exercise price and no cash purchase or sale of common shares occurred in the market as part of this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
