Precipio (PRPO) CFO receives 5,000 options with $23.82 exercise price
Rhea-AI Filing Summary
Precipio, Inc. reported a new stock option grant to its Chief Financial Officer, Gage Matthew, in a Form 4 filing. On 01/02/2026, he was awarded 5,000 stock options classified as a derivative security. The award was granted as consideration for his service as an officer under the company’s Equity Incentive Plan.
The options have an exercise price of $23.82 per share and vest only when the 10-day volume-weighted average price (VWAP) of Precipio’s common stock exceeds $40 per share. Following this grant, he beneficially owns 5,000 stock options directly.
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FAQ
What insider transaction did Precipio (PRPO) report for its CFO?
The filing reports that Chief Financial Officer Gage Matthew received 5,000 stock options on 01/02/2026 as a derivative security award.
How many stock options did Precipios CFO receive and at what exercise price?
Precipios CFO received 5,000 stock options with an exercise price of $23.82 per share, issued under the companys Equity Incentive Plan.
What is the vesting condition for the 5,000 Precipio stock options?
The options vest and become exercisable when the 10-day volume-weighted average price (VWAP) of Precipios common stock exceeds $40 per share.
Was this Precipio CFO option grant compensation or an open-market purchase?
The options were issued pursuant to Precipios Equity Incentive Plan as consideration for the CFOs service, not as an open-market share purchase.
How many derivative securities does the Precipio CFO own after this transaction?
After the reported transaction, the CFO beneficially owns 5,000 stock options directly.
Is the Precipio CFOs ownership in this Form 4 direct or indirect?
The filing shows the 5,000 stock options as direct (D) ownership, with no nature of indirect beneficial ownership indicated.