Prelude Therapeutics (PRLD) awards 230,000 options to CSO Peggy Scherle
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prelude Therapeutics reported that Chief Scientific Officer Peggy Scherle received an employee stock option grant on February 4, 2026. The derivative award covers 230,000 shares of common stock at an exercise price of $2.30 per share, with no cash paid for the option itself.
The option vests over time: 25% of the total shares vest on February 4, 2027, and the remaining shares vest in equal monthly installments of 1/48 of the total until fully vested. Following this grant, Scherle beneficially holds 230,000 stock options, all reported as directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scherle Peggy
Role
Chief Scientific 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 Peggy Scherle?
Prelude Therapeutics reported that Chief Scientific Officer Peggy Scherle received an employee stock option grant for 230,000 shares. The Form 4 shows this as an acquisition of derivative securities, not a sale of common stock into the market.
How many Prelude Therapeutics (PRLD) options were granted to Peggy Scherle and at what price?
Peggy Scherle was granted employee stock options on 230,000 shares of Prelude Therapeutics common stock. The options carry an exercise price of $2.30 per share, with the option itself reported at a price of $0.00 on the Form 4.
What is the vesting schedule for Peggy Scherle’s Prelude Therapeutics (PRLD) stock options?
The stock option vests 25% of the total shares on February 4, 2027. After that, the remaining shares vest in equal monthly installments of 1/48 of the total until fully vested, contingent on continued service to Prelude Therapeutics.
Is Peggy Scherle’s Prelude Therapeutics (PRLD) option grant reported as direct or indirect ownership?
The Form 4 reports Peggy Scherle’s 230,000 employee stock options as directly owned. No separate trust or entity is listed for this grant, and the nature-of-ownership field does not indicate any indirect holding structure.
When do Peggy Scherle’s Prelude Therapeutics (PRLD) options expire if fully vested?
The employee stock options reported in the Form 4 have an expiration date of February 3, 2036. They vest over time beginning February 4, 2027, and remain exercisable until that expiration date, subject to usual employment and plan conditions.