Precipio, Inc. (PRPO) director gets 1,500 stock options at $23.82
Rhea-AI Filing Summary
Precipio, Inc. director Ronald Andrews received a grant of 1,500 stock options on January 2, 2026. These options give him the right to buy 1,500 shares of common stock at an exercise price of $23.82 per share and expire on January 2, 2036. The options were granted under the company’s equity incentive plan as consideration for his service as a director. They vest in twelve equal monthly installments beginning on the one-month anniversary of the grant date, and he beneficially owns 1,500 derivative securities directly following this grant.
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FAQ
What insider transaction did Precipio (PRPO) report in this Form 4?
The filing reports that director Ronald Andrews received a grant of 1,500 stock options on January 2, 2026, relating to Precipio, Inc. common stock.
How many Precipio (PRPO) stock options were granted to Ronald Andrews?
Ronald Andrews was granted 1,500 stock options, and he beneficially owns 1,500 derivative securities directly following this transaction.
What is the exercise price of Ronald Andrews’ Precipio (PRPO) stock options?
The stock options granted to Ronald Andrews have an exercise price of $23.82 per share, as specified in the filing’s footnotes.
What is the vesting schedule for Ronald Andrews’ Precipio (PRPO) stock options?
The options vest in twelve equal monthly installments, beginning on the one-month anniversary of the January 2, 2026 grant date.
When do Ronald Andrews’ Precipio (PRPO) stock options expire?
The granted stock options have an expiration date of January 2, 2036, giving a ten-year term from the grant date.
In what capacity were these Precipio (PRPO) options granted to Ronald Andrews?
The stock option was granted under Precipio’s equity incentive plan in consideration for Ronald Andrews’ service as a director of the company.
Are Ronald Andrews’ Precipio (PRPO) options held directly or indirectly?
The filing states that 1,500 derivative securities are held with direct ownership by Ronald Andrews following the reported transaction.