ProKidney (NASDAQ: PROK) awards 400,000 stock options to Chief Regulatory Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PROKIDNEY CORP. reported that Chief Regulatory Officer Darin J. Weber received a grant of 400,000 employee stock options with an exercise price of $0.00 per share. The options vest in substantially equal monthly installments over four years beginning on March 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weber Darin J.
Role
Chief Regulatory Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee stock option (right to buy) | 400,000 | $0.00 | -- |
Holdings After Transaction:
Employee stock option (right to buy) — 400,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PROK (ProKidney Corp.) report?
ProKidney reported a grant of 400,000 employee stock options to Chief Regulatory Officer Darin J. Weber. These options are a form of equity compensation, giving him the right to buy company shares at a fixed price in the future.
Who received the 400,000 stock options in the latest PROK Form 4?
Chief Regulatory Officer Darin J. Weber received 400,000 employee stock options from ProKidney Corp. As a senior executive, this award aligns part of his compensation with the company’s equity, linking his potential upside to future company performance.
What is the exercise price of Darin Weber’s ProKidney stock options?
The 400,000 employee stock options granted to Darin J. Weber have an exercise price of $0.00 per share. This means he does not pay a cash exercise price to acquire shares when the options vest and are exercised.
How do the 400,000 ProKidney options granted to Darin Weber vest?
The option grant to Darin J. Weber vests in substantially equal monthly installments over four years, beginning on March 1, 2026. This structure encourages long-term service by gradually delivering the full award over an extended period.
Is the ProKidney insider transaction a purchase or an award?
The transaction is an award, not an open-market purchase. It is classified as a grant or other acquisition of 400,000 employee stock options, issued as part of compensation rather than being bought on the market by the executive.
How many ProKidney derivative securities does Darin Weber hold after this grant?
After the reported grant, Darin J. Weber holds a total of 400,000 derivative securities in the form of employee stock options. This figure reflects his position following the award described in the insider transaction report.