PMV Pharmaceuticals (PMVP) awards CEO 744,960 employee stock options
Rhea-AI Filing Summary
PMV Pharmaceuticals, Inc. granted President and CEO David Henry Mack an employee stock option covering 744,960 shares of common stock. The award was reported as an acquisition of derivative securities at a stated price of
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FAQ
What insider transaction did PMV Pharmaceuticals (PMVP) report for David Henry Mack?
PMV Pharmaceuticals granted President and CEO David Henry Mack an employee stock option for 744,960 shares. The award is classified as an acquisition of derivative securities, providing equity-based compensation that aligns his interests with shareholders through future potential ownership in the company.
How many PMV Pharmaceuticals shares are covered by David Henry Mack’s new option grant?
The new employee stock option covers 744,960 shares of PMV Pharmaceuticals common stock. This large grant represents a significant equity incentive intended to reward long-term service, with vesting spread over multiple years rather than all at once.
When do David Henry Mack’s PMV Pharmaceuticals options begin vesting and over what schedule?
The options begin vesting on
What is the transaction code and direction for David Henry Mack’s PMVP option grant?
The transaction is coded “A” for a grant, award, or other acquisition and marked as an acquire direction. This means the options were awarded as compensation, rather than purchased or sold in an open-market or cash transaction.
Is David Henry Mack’s ownership in PMV Pharmaceuticals direct or indirect for this option grant?
The ownership for this option grant is reported as direct. That indicates the options are held in his own name, rather than through a trust, partnership, or other indirect entity structure associated with the reporting person.