RAPT Therapeutics Strengthens Scientific Leadership with Major CSO Stock Package
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAPT Therapeutics Chief Scientific Officer Dirk G. Brockstedt received a new stock option grant on June 20, 2025. The derivative securities transaction details include:
- Grant of 100,000 stock options to purchase common stock
- Exercise price set at $7.43 per share
- Options expire on June 19, 2035
- Vesting schedule: 1/48th of shares vest monthly from June 20, 2025
This Form 4 filing represents a standard equity compensation grant to a senior executive, likely as part of the company's long-term incentive program. The 10-year option term and 4-year monthly vesting schedule are typical for executive compensation in the biotech industry, designed to promote long-term retention and align management interests with shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brockstedt Dirk G.
Role
CHIEF SCIENTIFIC OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 100,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 100,000 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
How many stock options did RAPT's Chief Scientific Officer receive on June 20, 2025?
RAPT Therapeutics' Chief Scientific Officer Dirk G. Brockstedt received 100,000 employee stock options with an exercise price of $7.43 per share on June 20, 2025.
What is the vesting schedule for RAPT CSO's June 2025 stock options?
The stock options vest monthly over 4 years, with 1/48th of the shares vesting each month following the vesting commencement date of June 20, 2025.
When do RAPT CSO Dirk Brockstedt's stock options expire?
The employee stock options granted to Dirk Brockstedt expire on June 19, 2035, ten years after the grant date.
What is the exercise price of RAPT Therapeutics' stock options granted to the CSO in June 2025?
The exercise price of the stock options granted to RAPT's Chief Scientific Officer is $7.43 per share.
Who filed the Form 4 for RAPT Therapeutics' CSO stock option grant?
The Form 4 was signed by Rodney Young as Attorney-in-Fact for Dirk G. Brockstedt on June 24, 2025.