ProKidney (PROK) grants CLO Todd Girolamo 600,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Girolamo Todd C reported acquisition or exercise transactions in this Form 4 filing.
PROKIDNEY CORP. reported that Chief Legal Officer Todd C. Girolamo received a grant of employee stock options covering 600,000 shares on March 1, 2026. These options vest in substantially equal monthly installments over a four-year period beginning on March 1, 2026, meaning the award is earned gradually rather than all at once.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Girolamo Todd C
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee stock option (right to buy) | 600,000 | $0.00 | -- |
Holdings After Transaction:
Employee stock option (right to buy) — 600,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PROK (ProKidney Corp.) report for Todd C. Girolamo?
ProKidney reported that Chief Legal Officer Todd C. Girolamo received an employee stock option grant for 600,000 shares. The award is structured as a derivative security and represents a grant or award acquisition rather than an open-market stock purchase or sale.
How many stock options were granted to PROK Chief Legal Officer Todd C. Girolamo?
Todd C. Girolamo was granted employee stock options covering 600,000 shares of ProKidney Corp. common stock. Following this grant, his directly held derivative position in these options totals 600,000 options, according to the reported post-transaction holdings in the filing.
When do Todd C. Girolamo’s PROK stock options begin vesting and over what period?
The options begin vesting on March 1, 2026, in substantially equal monthly installments. Vesting continues over a four-year period starting on that date, so the full 600,000-share grant is earned gradually through ongoing service during the vesting schedule.
Is the PROK transaction for Todd C. Girolamo a purchase or a grant of options?
The transaction is a grant of employee stock options, not an open-market share purchase. It is coded as an acquisition related to a grant or award, classified as a derivative security giving the right to buy ProKidney Corp. shares in the future subject to vesting.
How is ownership of the 600,000 PROK options characterized for Todd C. Girolamo?
The 600,000 employee stock options are reported as directly owned by Todd C. Girolamo. The Form 4 lists his ownership type as direct, with no footnote indicating that the options are held through another entity or that beneficial ownership is disclaimed.