Pliant Therapeutics grants CMO option on 575K shares
The option's vesting schedule begins September 30, 2027, and conditions vesting on the chief medical officer's continuous service.
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Rhea-AI Filing Summary
Pliant Therapeutics (PLRX) awarded Chief Medical Officer David Raben a stock option covering 575,000 shares of common stock on October 1, 2026. The option has a $1.05-per-share exercise price and expires October 1, 2036. Twenty-five percent vests and becomes exercisable on September 30, 2027; the remaining 75% vests in substantially equal monthly installments over three years, subject to his continuous service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1 | 575,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Twenty-five percent (25%) of the shares subject to such option vest and become exercisable on September 30, 2027, and the remaining seventy-five percent (75%) of the shares subject to the option vest and become exercisable in substantially equal installments thereafter on each monthly anniversary of September 30, 2027 (or if there is no corresponding day in any such month, on the last day of each month) over three (3) years, subject to the Reporting Person's continuous service to the Issuer on each such date.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
exercise price financial
vest and become exercisable financial
continuous service technical
FAQ
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When does David Raben's PLRX stock option expire?
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