Prelude Therapeutics grants 230,000 stock options
Prelude Therapeutics reported a stock option grant to Chief Chemistry Officer Andrew Combs.
Rhea-AI Filing Summary
Prelude Therapeutics reported a stock option grant to Chief Chemistry Officer Andrew Combs. On February 4, 2026, he received an employee stock option covering 230,000 shares of common stock at an exercise price of $2.30 per share.
The option vests over four years: 25% of the shares vest on February 4, 2027, and the remaining 75% vest in equal monthly installments (1/48 of the total shares) until fully vested, as long as Combs continues providing service to the company on each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 230,000 shares
Grant/Award
1 txn
Insider
Combs Andrew
Role
Chief Chemistry Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 230,000 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Option (right to buy) — 230,000 contracts (Direct)
Footnotes (1)
- F1. The stock option vests as to 25% of the total shares on Feb 4, 2027, and thereafter vests as to 1/48 of the total shares monthly until fully vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Prelude Therapeutics (PRLD) report for Andrew Combs?
Prelude Therapeutics reported a stock option grant to Chief Chemistry Officer Andrew Combs. He received an employee stock option covering 230,000 shares of common stock, recorded as a derivative security acquisition on February 4, 2026, with direct beneficial ownership reported.
What is the exercise price of Andrew Combs’ stock option at Prelude Therapeutics (PRLD)?
Andrew Combs’ employee stock option has an exercise price of $2.30 per share. This price applies to each of the 230,000 underlying common shares if and when he exercises the option, subject to the vesting schedule described in the filing footnote.
When does Andrew Combs’ Prelude Therapeutics (PRLD) option start vesting and how?
The stock option begins vesting on February 4, 2027, when 25% of the total shares vest. After that date, the remaining shares vest monthly in 1/48 increments, contingent on his continued service to Prelude Therapeutics at each vesting date.
Over what period does Andrew Combs’ Prelude Therapeutics (PRLD) option fully vest?
The option is structured to vest over four years. Twenty‑five percent vests on February 4, 2027, and the remaining seventy‑five percent vests in equal monthly installments (1/48 of the total shares) until fully vested, assuming continuous service.
How many derivative securities does Andrew Combs hold in Prelude Therapeutics (PRLD) after this grant?
After the reported transaction, Andrew Combs beneficially owns 230,000 derivative securities in the form of an employee stock option. These derivative securities correspond to 230,000 underlying shares of Prelude Therapeutics common stock, held with direct ownership as of the transaction report.
AI-generated analysis. How Rhea-AI works. Not financial advice.