Director Cohen gets 1,500 Precipio (PRPO) stock options at $23.82
Rhea-AI Filing Summary
Precipio, Inc. reported an insider equity award to director Cohen David Seth. On January 2, 2026, he received a grant of 1,500 stock options, described as a stock option (right to buy) common stock, at an exercise price of $23.82 per share. The award was granted under the company’s equity incentive plan as consideration for his service as a director and was recorded as acquired at no cost on the grant date. Following this grant, he beneficially owns 1,500 derivative securities directly. The options vest in twelve equal monthly installments beginning one month after the grant date and expire on January 2, 2036.
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FAQ
What insider transaction did PRPO report in this Form 4?
The filing reports that director Cohen David Seth received a grant of 1,500 stock options to purchase Precipio, Inc. common stock.
What is the exercise price of the new Precipio (PRPO) stock options?
The stock options granted to director Cohen have an exercise price of $23.82 per share, as stated in the footnotes.
When were the Precipio director stock options granted?
The stock option grant to director Cohen David Seth occurred on January 2, 2026, according to the transaction date.
How do the new PRPO stock options vest for the director?
The options vest in twelve equal monthly installments, beginning on the one-month anniversary of the January 2, 2026 grant date.
Did the Precipio director buy or sell existing shares in this filing?
No purchase or sale of existing shares is reported; the filing shows an award of 1,500 stock options under the equity incentive plan.
How many derivative securities does the Precipio director own after this grant?
After the reported transaction, director Cohen David Seth beneficially owns 1,500 derivative securities (stock options) directly.