PLIANT THERAPEUTICS (PLRX) director granted 70,000 stock options at $1.14
Rhea-AI Filing Summary
PLIANT THERAPEUTICS director Hoyoung Huh received a new stock option grant for 70,000 shares of common stock. The option has a $1.14 per share exercise price and expires on June 11, 2036. This is a compensation-related award, not an open-market trade.
According to the vesting schedule, 25% of the option becomes exercisable on each of October 1, 2026, January 1, 2027, and April 1, 2027. The remaining 25% vests on the earlier of the one-year anniversary of the June 11, 2026 grant date or the next annual stockholder meeting, contingent on continued board service.
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Insights
Director received time-based options; routine equity compensation, not a market trade.
The filing shows director Hoyoung Huh received a grant of 70,000 stock options with a $1.14 exercise price, expiring on June 11, 2036. This is coded as a grant/award, indicating standard board compensation rather than a discretionary stock purchase.
The vesting is staged: three tranches of 25% each on October 1, 2026, January 1, 2027, and April 1, 2027, with the final 25% vesting on the earlier of the one-year grant anniversary or the next annual meeting, subject to continued service. The informational value is primarily governance and incentive alignment, with no immediate buy or sell signal.
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
Grant, award, or other acquisition financial
exercise price financial
vest financial
annual meeting of stockholders financial
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