Quince Therapeutics (QNCX) director takes 29,423 options instead of 2026 cash retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quince Therapeutics director David Lamond reported receiving a grant of 29,423 director stock options on January 2, 2026. The options have an exercise price of $3.00 per share and relate to Quince common stock, with 29,423 derivative securities beneficially owned after the transaction. According to the filing, these options were granted in lieu of Lamond’s 2026 annual director cash retainer under the company’s Outside Director Compensation Policy and will vest in equal quarterly installments over a one-year period. The transaction is reported as a directly held derivative security.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lamond David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Option (Right to Buy) | 29,423 | $0.00 | -- |
Holdings After Transaction:
Director Stock Option (Right to Buy) — 29,423 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Quince Therapeutics (QNCX) report for David Lamond?
The filing reports that director David Lamond received 29,423 director stock options on January 2, 2026 as a derivative security award.
What are the key terms of David Lamond’s Quince Therapeutics (QNCX) stock options?
Lamond received 29,423 director stock options with an exercise price of $3.00 per share, each option relating to Quince common stock.
How do David Lamond’s 2026 director stock options vest at Quince Therapeutics (QNCX)?
The filing states that the 29,423 options will vest in equal quarterly installments over a one-year period.
Why did David Lamond receive stock options instead of cash from Quince Therapeutics (QNCX)?
According to the footnote, Lamond elected to receive stock options in lieu of the annual director cash retainer for 2026 under Quince’s Outside Director Compensation Policy.
How many Quince Therapeutics (QNCX) derivative securities does David Lamond hold after this transaction?
After the reported transaction, Lamond beneficially owns 29,423 director stock options, reported as direct ownership.
What type of security did David Lamond receive from Quince Therapeutics (QNCX)?
He received a Director Stock Option (Right to Buy), a derivative security giving him the right to purchase Quince common stock at a set price.