RAPT Therapeutics Strengthens CEO Retention with Major Stock Option Package
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Wong Brian Russell
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 637,500 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 637,500 shares (Direct)
Footnotes (1)
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FAQ
How many stock options did RAPT Therapeutics CEO Brian Wong receive on June 20, 2025?
RAPT Therapeutics CEO Brian Wong received 637,500 employee stock options on June 20, 2025, with an exercise price of $7.43 per share.
What is the vesting schedule for RAPT CEO's June 2025 stock option grant?
The stock options vest monthly over 4 years, with 1/48th of the shares vesting each month starting from the vesting commencement date of June 20, 2025.
When do Brian Wong's RAPT stock options expire?
The stock options granted to Brian Wong expire on June 19, 2035, ten years from the grant date.
What positions does Brian Wong hold at RAPT Therapeutics?
Brian Wong serves as both the President and CEO of RAPT Therapeutics, as well as a Director on the company's board.
What was the exercise price of RAPT CEO's June 2025 stock option grant?
The exercise price (conversion price) of the stock options granted to CEO Brian Wong was $7.43 per share.