Pliant director granted 70,000 stock options
Pliant Therapeutics director Thomas A. McCourt received a grant of stock options covering 70,000 shares of common stock.
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Rhea-AI Filing Summary
Pliant Therapeutics director Thomas A. McCourt received a grant of stock options covering 70,000 shares of common stock. The options have an exercise price of $1.14 per share and expire on June 11, 2036.
These options were granted as compensation and do not represent an open-market purchase. According to the vesting schedule, 25% of the options vest on each of October 1, 2026, January 1, 2027, and April 1, 2027, with the remaining 25% vesting on the earlier of the one-year anniversary of the grant date or the next annual stockholder meeting, subject to McCourt’s continued service on the board.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 70,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 25% of the shares subject to such option vest and become exercisable on October 1, 2026, January 1, 2027, and April 1, 2027, respectively, and the remaining 25% of the shares subject to such option vest and become exercisable on the earlier of (i) the one-year anniversary of the June 11, 2026 grant date or (ii) the next annual meeting of stockholders, subject to the Reporting Person's continued service to the Issuer as a Director through each such date or, if earlier, such annual meeting.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
exercise price financial
vest and become exercisable financial
annual meeting of stockholders financial
FAQ
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What insider transaction did PLIANT THERAPEUTICS (PLRX) report for Thomas A. McCourt?
What is the exercise price and size of the new PLRX stock option grant?
How do the new PLRX options granted to Thomas A. McCourt vest over time?
When do Thomas A. McCourt’s newly granted PLRX stock options expire?
Is the PLRX Form 4 transaction an open-market buy or a compensation award?
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