Quince Therapeutics (QNCX) grants CBO 365,000 stock options
Rhea-AI Filing Summary
Quince Therapeutics reported an insider equity award for executive Brendan Hannah, who serves as CBO, COO and CCO. On January 23, 2026, he received an employee stock option to buy 365,000 common shares at an exercise price of $3.08 per share, with the option expiring on January 23, 2036. The filing shows he holds 365,000 derivative securities after this grant, all owned directly.
The option vests in 48 equal monthly installments, with 1/48 of the shares vesting on the grant date and the remaining portions vesting on the first day of each subsequent month until full vesting on December 1, 2029. This reflects routine equity-based compensation for a senior officer rather than an open-market share purchase or sale.
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FAQ
What insider transaction did Quince Therapeutics (QNCX) report for Brendan Hannah?
Quince Therapeutics reported that executive Brendan Hannah received an employee stock option on January 23, 2026 covering 365,000 common shares of the company.
What is the exercise price and term of the new Quince (QNCX) stock options?
The employee stock option granted to Brendan Hannah has an exercise price of $3.08 per share and an expiration date of January 23, 2036.
How do the Quince Therapeutics (QNCX) options granted to Brendan Hannah vest?
The options vest in 48 equal monthly installments: 1/48 vests on the grant date, and the remaining installments vest on the first day of each subsequent month until the award is fully vested on December 1, 2029.
How many Quince (QNCX) derivative securities does Brendan Hannah hold after this Form 4 transaction?
After the reported grant, Brendan Hannah beneficially owns 365,000 derivative securities (employee stock options), held in direct ownership.
Is the Quince Therapeutics (QNCX) Form 4 transaction a purchase or sale of common stock?
No common stock was bought or sold in the market. The Form 4 reflects the grant of an employee stock option, not an open-market transaction in Quince common shares.
What is Brendan Hannah’s role at Quince Therapeutics (QNCX) according to the Form 4?
According to the filing, Brendan Hannah is an officer of Quince Therapeutics, serving as CBO, COO & CCO.