Quince Therapeutics (QNCX) director takes 21,810 stock options in lieu of cash
Rhea-AI Filing Summary
Quince Therapeutics director Christopher J. Senner reported a grant of 21,810 stock options on January 2, 2026. The derivative award is a director stock option with a $3.00 exercise price and an expiration date of January 2, 2036, covering 21,810 shares of common stock. Following this grant, he beneficially owns 21,810 derivative securities directly.
The options will vest in equal quarterly installments over a one-year period. Senner elected to receive these options in lieu of the annual director cash retainer for 2026 under the company’s Outside Director Compensation Policy.
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FAQ
What insider transaction did Quince Therapeutics (QNCX) report for Christopher J. Senner?
Quince Therapeutics reported that director Christopher J. Senner received a grant of 21,810 director stock options on January 2, 2026, reported on a Form 4.
What are the key terms of Christopher J. Senner’s 2026 stock option grant at Quince Therapeutics (QNCX)?
The grant is a director stock option to buy 21,810 shares of common stock at an exercise price of $3.00 per share, expiring on January 2, 2036.
How do Christopher J. Senner’s Quince Therapeutics (QNCX) options vest?
The shares subject to the option vest in equal quarterly installments over a one-year period from the grant date.
Why did Christopher J. Senner receive stock options instead of cash at Quince Therapeutics (QNCX)?
Senner elected to receive stock options in lieu of the annual director cash retainer for 2026, as provided under Quince Therapeutics’ Outside Director Compensation Policy.
How many Quince Therapeutics (QNCX) derivative securities does Christopher J. Senner beneficially own after this transaction?
After the reported transaction, Senner beneficially owns 21,810 derivative securities (director stock options), held directly.
Is the reported Quince Therapeutics (QNCX) Form 4 transaction a purchase or an award?
The Form 4 shows an award of director stock options coded as an acquisition (Code A), with no cash price paid for the grant itself.