Prime Medicine (PRME) CTO receives 375,000-share stock option grant tied to service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEE ANN L. reported acquisition or exercise transactions in this Form 4 filing.
Prime Medicine, Inc. reported that Chief Technical Officer Lee Ann L. received a grant of stock options covering 375,000 shares of common stock. According to the terms, 1/48th of the option vests in substantially equal monthly installments starting on February 23, 2026, subject to her continued service, aligning this award with long-term employment and company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LEE ANN L.
Role
Chief Technical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 375,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 375,000 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Prime Medicine (PRME) report for Lee Ann L.?
Prime Medicine reported a stock option grant to Chief Technical Officer Lee Ann L. for 375,000 shares. This is a compensation-related award, not an open-market purchase or sale, and is structured to vest over time based on continued service.
How many stock options did the Prime Medicine (PRME) CTO receive?
The Chief Technical Officer of Prime Medicine received a stock option covering 375,000 shares of common stock. This entire amount is reported as directly owned following the grant, subject to the vesting schedule described in the Form 4 footnote.
What is the vesting schedule for the PRME CTO’s 375,000 stock options?
The option vests in 1/48th installments each month starting on February 23, 2026. Vesting occurs on each monthly anniversary of that date, provided the reporting person continues serving the company on each relevant vesting date.
Does the PRME CTO’s option grant require continued service to vest?
Yes. The Form 4 states vesting is subject to the Reporting Person’s continued service on each applicable vesting date. If service ends, unvested portions of the 375,000-share option may not become exercisable under the stated terms.