PepGen director granted 34,000 stock options
PepGen Inc. director Habib J. Dable received a grant of stock options covering 34,000 shares of common stock.
Rhea-AI Filing Summary
PepGen Inc. director Habib J. Dable 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.
The award vests in full on the earlier of the first anniversary of the grant date or the next Annual Meeting, subject to continued board service unless the board decides otherwise. Following this grant, Dable holds 34,000 options directly, and the filing shows no open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dable Habib J
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 shares (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
Option grant size: 34,000 shares
Exercise price: $1.79 per share
Expiration date: June 17, 2036
+1 more
4 metrics
Option grant size
34,000 shares
Stock Option (Right to Buy) granted to director Habib J. Dable
Exercise price
$1.79 per share
Conversion or exercise price for PepGen common stock options
Expiration date
June 17, 2036
Option expiration for 34,000-share grant
Shares underlying options
34,000 shares
Underlying PepGen common stock for the option award
Key Terms
Stock Option (Right to Buy), exercise price, Annual Meeting, vesting
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.
Annual Meeting financial
"earlier of (i) 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.
vesting financial
"all vesting shall cease if the individual ceases to serve as a director"
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.
FAQ
What did PepGen (PEPG) director Habib J. Dable report in this Form 4?
Habib J. Dable reported receiving a stock option grant for 34,000 shares. The options allow him to buy PepGen common stock at $1.79 per share and represent equity-based compensation rather than an open-market stock purchase or sale.
What are the key terms of Habib J. Dable’s PepGen stock option grant?
The grant covers 34,000 shares at a $1.79 exercise price, expiring June 17, 2036. These options give Dable the right, but not the obligation, to buy PepGen common shares at that price before the expiration date.
How do Habib J. Dable’s PepGen options vest according to the Form 4?
The options vest in full on the earlier of the first grant anniversary or the next Annual Meeting. Vesting stops if he ceases to serve as a director, unless the board determines that vesting should continue under the specific circumstances.
Did the PepGen Form 4 show any open-market stock purchases or sales by Habib J. Dable?
No, the filing shows a grant of options as compensation, not open-market trades. The transaction code "A" reflects a grant or award acquisition, and the option exercise price is set at $1.79 per share.
What is Habib J. Dable’s position in PepGen options after this reported transaction?
After the grant, Dable holds 34,000 stock options directly. These options relate to PepGen common stock and were all acquired in this reported award, with no additional derivative positions listed in the filing’s summary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
