Rapport Therapeutics (RAPP) director granted 15,200 stock options at $35.21
Rhea-AI Filing Summary
Rapport Therapeutics, Inc. director John Maraganore received a grant of stock options covering 15,200 shares of common stock. The options have an exercise price of $35.21 per share and expire on June 10, 2036. Following this award, he holds 15,200 options directly.
The options vest upon the earlier of June 10, 2027 or the date of the next Annual Meeting of Stockholders, subject to his continued service on that vesting date. This is a compensation-related award rather than an open-market purchase or sale.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 15,200 | $0.00 | -- |
Footnotes (1)
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Key Figures
Key Terms
Stock Option (Right to Buy) financial
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FAQ
What insider transaction did Rapport Therapeutics (RAPP) disclose in this Form 4?
Rapport Therapeutics disclosed that director John Maraganore received a stock option grant for 15,200 shares. The options are a compensation award, not an open-market trade, and give him the right to buy common shares at a fixed exercise price.
What are the key terms of John Maraganore’s stock options at Rapport Therapeutics (RAPP)?
The grant covers 15,200 shares of common stock at an exercise price of $35.21 per share. The options expire on June 10, 2036, providing a long-dated right to purchase shares at that fixed price if they vest.
When do the newly granted Rapport Therapeutics (RAPP) options vest for John Maraganore?
The options vest on the earlier of June 10, 2027, or the date of the next Annual Meeting of Stockholders. Vesting is conditioned on his continued service with the company through that vesting date.
Is the Rapport Therapeutics (RAPP) Form 4 transaction a stock purchase or sale?
No, the Form 4 shows a grant of stock options as compensation, not an open-market purchase or sale. The transaction gives a right to buy shares in the future at a set exercise price.
How many Rapport Therapeutics (RAPP) derivative securities does John Maraganore hold after this grant?
After the reported transaction, John Maraganore holds 15,200 stock options directly. Each option is exercisable for one share of common stock, subject to the vesting conditions described in the award terms.