Biotech Director Compensation: Rapport Board Member Gets 10,925 Share Option Grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Paul M. Silva of Rapport Therapeutics received a stock option grant for 10,925 shares of common stock on June 17, 2025. The options were granted with the following key terms:
- Exercise price set at $10.95 per share
- Expiration date of June 17, 2035
- Vesting occurs at earlier of:
- June 17, 2026
- Next Annual Meeting of Stockholders
The options were granted at $0 cost to the director and will vest subject to continued service. This represents standard director compensation aligned with the company's equity incentive practices. The Form 4 was filed by Troy Ignelzi as attorney-in-fact on June 18, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Silva Paul M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 10,925 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 10,925 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What stock options did RAPP director Paul Silva receive on June 17, 2025?
Paul Silva received 10,925 stock options with an exercise price of $10.95 per share. These options represent the right to buy RAPP common stock and were granted on June 17, 2025, with an expiration date of June 17, 2035.
When do Paul Silva's RAPP stock options vest?
The stock options will vest upon the earlier of two conditions: (i) June 17, 2026, or (ii) the date of RAPP's next Annual Meeting of Stockholders, subject to Silva's continued service as a director until the vesting date.
What position does Paul Silva hold at RAPP Therapeutics?
According to the Form 4 filing, Paul Silva serves as a Director of Rapport Therapeutics, Inc. (RAPP). This is indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.
What is the total value of RAPP stock options granted to Paul Silva?
The Form 4 shows that Paul Silva received 10,925 stock options at an exercise price of $10.95 per share. The options were granted at $0 cost to Silva, as indicated in the 'Price of Derivative Security' column, representing standard compensation for his role as a director.