ProKidney (PROK) director awarded 135K stock options as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PROKIDNEY CORP. director William F. Doyle reported receiving a grant of stock options as part of non-employee director compensation. He was awarded 135,000 director stock options, each allowing him to buy one share of Class A Common Stock at an exercise price of $1.81 per share.
The options were granted at no upfront cost and will vest in full on the earlier of the one-year anniversary of the grant date or the company’s next annual general shareholder meeting. After this grant, Doyle holds 135,000 options directly, with an expiration date in 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DOYLE WILLIAM F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director stock option (right to buy) | 135,000 | $0.00 | -- |
Holdings After Transaction:
Director stock option (right to buy) — 135,000 shares (Direct, null)
Footnotes (1)
- These options were granted under the Issuer's non-employee director compensation policy. The options will vest in full on the sooner of the one-year anniversary of the date of grant or the date of Company's next annual general shareholder meeting.
Key Figures
Options granted: 135,000 options
Exercise price: $1.81 per share
Underlying shares: 135,000 shares
+2 more
5 metrics
Options granted
135,000 options
Director award on 2026-05-28
Exercise price
$1.81 per share
Director stock option grant
Underlying shares
135,000 shares
Class A Common Stock underlying options
Post-grant option holdings
135,000 options
Total options following this grant
Option expiration date
May 28, 2036
End of option term
Key Terms
Director stock option (right to buy), non-employee director compensation policy, vest in full, annual general shareholder meeting
4 terms
Director stock option (right to buy) financial
"security_title: Director stock option (right to buy)"
non-employee director compensation policy financial
"These options were granted under the Issuer's non-employee director compensation policy."
vest in full financial
"The options will vest in full on the sooner of the one-year anniversary"
FAQ
What did the latest Form 4 for PROK reveal about director William F. Doyle?
The Form 4 shows director William F. Doyle received 135,000 stock options in PROKIDNEY CORP. These options are part of the non-employee director compensation policy and give him the right to buy Class A Common Stock at a set exercise price.
How many stock options did William F. Doyle receive from PROK (ProKidney)?
William F. Doyle received a grant of 135,000 director stock options from PROKIDNEY CORP. Each option corresponds to one share of Class A Common Stock, providing equity-based compensation aligned with the company’s non-employee director compensation policy and long-term shareholder interests.
What is the exercise price of William F. Doyle’s PROKIDNEY stock options?
The granted options have an exercise price of $1.81 per share for PROKIDNEY Class A Common Stock. This means Doyle can purchase shares at $1.81 once the options vest, regardless of the market price at the time of exercise, until the options expire.
When do William F. Doyle’s PROK director stock options vest?
The options will vest in full on the earlier of the one-year anniversary of the grant date or PROKIDNEY’s next annual general shareholder meeting. This single vesting event structure provides Doyle with full exercisability after that specified time or corporate milestone occurs.
When do the newly granted PROKIDNEY options to William F. Doyle expire?
The options granted to William F. Doyle expire in 2036, specifically on May 28, 2036. After that expiration date, any unexercised options will no longer be valid, so Doyle must exercise vested options before this long-term deadline to acquire shares.