Quince Therapeutics (QNCX) CEO granted 1M stock options
Rhea-AI Filing Summary
Quince Therapeutics CEO and CMO Dirk Thye reported a new stock option grant. On January 23, 2026, he was granted an employee stock option to buy 1,000,000 shares of Quince Therapeutics common stock at an exercise price of $3.08 per share.
The filing shows Thye directly holds 1,000,000 derivative securities after this grant. The option vests in 48 equal monthly installments, with 1/48 vesting on the grant date and the remaining portions vesting on the first day of each subsequent month, so the award is scheduled to be fully vested by December 1, 2029.
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FAQ
What did Quince Therapeutics (QNCX) CEO Dirk Thye report on this Form 4?
Dirk Thye reported receiving an employee stock option grant covering 1,000,000 shares of Quince Therapeutics common stock.
What is the exercise price of the new Quince Therapeutics (QNCX) stock options?
The employee stock option grant has an exercise price of $3.08 per share for Quince Therapeutics common stock.
When do Dirk Thye’s Quince Therapeutics (QNCX) options vest?
The options vest in 48 equal monthly installments, with 1/48 vesting on the grant date and the rest on the first day of each month until they are fully vested on December 1, 2029.
How many Quince Therapeutics (QNCX) derivative securities does Dirk Thye hold after this transaction?
After the reported grant, Dirk Thye beneficially owns 1,000,000 derivative securities related to this employee stock option.
What is Dirk Thye’s role at Quince Therapeutics (QNCX) according to the filing?
According to the filing, Dirk Thye is both a director and an officer of Quince Therapeutics, serving as CEO and CMO.
Is the Quince Therapeutics (QNCX) option grant to Dirk Thye a direct holding?
Yes. The Form 4 indicates the 1,000,000 stock options are held as a direct ownership position.