RAPT CEO Granted 637,500 Stock Options at $7.43 Strike Price
RAPT Therapeutics President and CEO Brian Russell Wong received a significant stock option grant on June 20, 2025.
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Rhea-AI Filing Summary
RAPT Therapeutics President and CEO Brian Russell Wong received a significant stock option grant on June 20, 2025. The derivative securities transaction involved:
- Grant of 637,500 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 starting June 20, 2025
This Form 4 filing discloses the equity-based compensation grant to Wong, who serves as both Director and CEO. The substantial option grant, which represents direct ownership, appears to be part of the company's executive compensation strategy to align management interests with shareholders over a long-term ten-year period.
Positive
- CEO Brian Russell Wong granted 637,500 stock options with 4-year monthly vesting schedule, aligning long-term interests with shareholders
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 637,500 | $0.00 | $0.00 |
Footnotes (1)
- F1. 1/48th of the shares subject to the option shall vest on each monthly anniversary of the vesting commencement date of June 20, 2025.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.