Prothena (PRTA) director receives stock option grant for 27,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PROTHENA CORP PUBLIC LTD CO director Dennis J. Selkoe received a grant of stock options for 27,000 shares. These options give the right to buy ordinary shares at an exercise price of $9.76 per share and are held as a direct ownership position.
The options will vest and become exercisable in full on the earlier of the first anniversary of the May 15, 2026 grant date or the day of the company’s 2027 annual general meeting, assuming he continues serving as a director through that date. After this grant, he holds options covering 27,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Selkoe Dennis J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 27,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 27,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 27,000 shares
Exercise price: $9.76 per share
Post-grant option holdings: 27,000 shares
+1 more
4 metrics
Option grant size
27,000 shares
Stock options granted to director on May 15, 2026
Exercise price
$9.76 per share
Exercise price for the stock option grant
Post-grant option holdings
27,000 shares
Total options held following the reported transaction
Option expiration
May 15, 2036
Expiration date of the stock options
Key Terms
Stock Option (Right to Buy), exercise price, derivative securities, vesting
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 9.7600"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
derivative securities financial
"derivativeTransactionCount: 1 (derivative-type records)"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
vesting financial
"The shares subject to the option will vest and become exercisable"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Prothena (PRTA) director Dennis J. Selkoe report on this Form 4?
Dennis J. Selkoe reported receiving a grant of stock options covering 27,000 ordinary shares of Prothena. The grant is a compensation-related award, giving him the right to buy shares at a fixed $9.76 exercise price in the future once the options vest.
What is the exercise price of Dennis Selkoe’s Prothena (PRTA) stock options?
The options have an exercise price of $9.76 per share. This means Selkoe can buy Prothena ordinary shares at $9.76 once the options vest and are exercised, regardless of the market price at that future time.
When do Dennis Selkoe’s Prothena (PRTA) stock options vest?
The options vest 100% on the earlier of the first anniversary of the May 15, 2026 grant date or the day of Prothena’s 2027 annual general meeting. Vesting requires his continuous service as a director through the applicable vesting date.
Is Dennis Selkoe’s Prothena (PRTA) option grant a buy or sell transaction?
The Form 4 reflects an acquisition of derivative securities through a grant, not a market purchase or sale. It is coded as a grant or award of stock options, which is a typical director compensation arrangement rather than an open-market trading decision.
How many Prothena (PRTA) options does Dennis Selkoe hold after this grant?
Following the reported transaction, Selkoe holds stock options covering 27,000 ordinary shares. This total reflects the newly granted options as his reported derivative holdings in this filing, all held as a direct ownership position.