Prelude Therapeutics (PRLD) grants 230,000 stock options to Chief Chemistry Officer
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
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 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 230,000 shares (Direct)
Footnotes (1)
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FAQ
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.