Precipio (PRPO) CEO receives 15,000 options vesting at $40 VWAP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Precipio, Inc. reported that its Chief Executive Officer and director, Danieli Ilan, received a grant of stock options on January 2, 2026. The award covers 15,000 stock options, each giving the right to buy one share of Precipio common stock at an exercise price of $23.82 per share, and is granted under the company’s Equity Incentive Plan as consideration for his service.
According to the terms, these options vest and become exercisable only when the 10-day volume-weighted average price (VWAP) of Precipio’s common stock exceeds $40 per share. The options have an expiration date of January 2, 2036, and following this grant, Ilan directly holds 15,000 derivative securities in the form of these stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DANIELI ILAN
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 15,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 15,000 shares (Direct)
Footnotes (1)
- The options shall vest and become exercisable on the date that the 10-day volume-weighted average price ("VWAP") of the Company's common stock exceeds $40 per share. The stock option was granted pursuant to the Issuer's Equity Incentive Plan in consideration for the Reporting Person's service as a director and an officer of the Issuer and has an exercise price of $23.82 per share.