Rani Therapeutics (RANI) grants CBO 805,500 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rani Therapeutics Holdings, Inc. reported that Chief Business Officer Kate McKinley received a grant of stock options covering 805,500 shares of Class A Common Stock. The options have an exercise price of $0.875 per share and expire on June 2, 2036.
According to the grant terms, one forty-eighth of the options vest monthly over four years starting April 1, 2026, as long as she maintains continuous service with the company. Following this award, she holds 805,500 stock options, aligning a portion of her compensation with the company’s future share performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McKinley Kate
Role
Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 805,500 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 805,500 shares (Direct, null)
Footnotes (1)
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Key Figures
Stock options granted: 805,500 options
Exercise price: $0.875 per share
Expiration date: June 2, 2036
+3 more
6 metrics
Stock options granted
805,500 options
Grant to Chief Business Officer on June 3, 2026
Exercise price
$0.875 per share
Price to purchase Class A Common Stock under options
Expiration date
June 2, 2036
Option term end date
Underlying shares
805,500 shares
Class A Common Stock covered by the option grant
Post-grant option holdings
805,500 options
Total derivative holdings following the transaction
Vesting schedule
1/48 monthly over 4 years
From April 1, 2026, subject to continuous service
Key Terms
Stock Option (Right to Buy), Class A Common Stock, 2021 Equity Incentive Plan, Continuous Service, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Class A Common Stock financial
"underlying_security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
2021 Equity Incentive Plan financial
"as defined in the Company's 2021 Equity Incentive Plan"
Continuous Service financial
"subject to the Reporting Person's Continuous Service"
vest monthly financial
"1/48th of the shares subject to the option vest monthly"
FAQ
What did Rani Therapeutics (RANI) disclose in this Form 4 for Kate McKinley?
Rani Therapeutics disclosed that Chief Business Officer Kate McKinley received a grant of 805,500 stock options. These options relate to Class A Common Stock and are part of her equity compensation package, aligning her interests with long-term shareholder value.
How many Rani Therapeutics stock options were granted to Kate McKinley?
Kate McKinley was granted 805,500 stock options for Rani Therapeutics Class A Common Stock. This entire amount represents her holdings after the transaction and reflects a significant component of her incentive-based compensation structure at the company.
What is the exercise price of Kate McKinley’s Rani Therapeutics options?
The exercise price of Kate McKinley’s stock options is $0.875 per share. This is the fixed price at which she can buy Rani Therapeutics Class A Common Stock once portions of the option grant have vested under the award terms.
When do Kate McKinley’s Rani Therapeutics stock options vest?
The options vest in equal monthly installments over four years starting April 1, 2026. Specifically, one forty-eighth of the total options vests each month, conditioned on her continued service with Rani Therapeutics throughout the vesting period.
When do Kate McKinley’s Rani Therapeutics options expire?
Kate McKinley’s stock options expire on June 2, 2036. After this expiration date, any unexercised vested options can no longer be used to purchase Rani Therapeutics Class A Common Stock under the grant’s specified terms.