Relay Therapeutics (RLAY) director granted option on 32,947 shares at $14.09
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Relay Therapeutics, Inc. director Lonnel Coats received a new stock option grant covering 32,947 shares of common stock. The option has an exercise price of $14.09 per share and was granted on June 9, 2026 as compensation, not an open-market purchase.
The option vests in full on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders, and expires on June 8, 2036. Following this grant, Coats holds stock options for 32,947 underlying shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
COATS LONNEL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 32,947 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 32,947 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 32,947 shares
Exercise price: $14.09/share
Expiration date: June 8, 2036
+2 more
5 metrics
Option grant size
32,947 shares
Stock option covering common stock granted June 9, 2026
Exercise price
$14.09/share
Exercise price for the 32,947-share stock option
Expiration date
June 8, 2036
Option term end date for granted stock option
Post-grant option holdings
32,947 shares
Total underlying shares following this option grant
Transaction code
A
Grant, award, or other acquisition of derivative securities
Key Terms
Stock Option (Right to Buy), grant/award acquisition, annual meeting of stockholders, expiration date
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
annual meeting of stockholders financial
"vests in full on the earlier to occur of ... the date of the next annual meeting of stockholders"
expiration date financial
"expiration_date: "2036-06-08T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did Relay Therapeutics (RLAY) director Lonnel Coats report on this Form 4?
Lonnel Coats reported receiving a stock option grant for 32,947 shares of Relay Therapeutics common stock. The grant is a compensation award, not an open-market trade, and is documented as an acquisition of derivative securities on June 9, 2026.
What are the key terms of Lonnel Coats’ new Relay Therapeutics (RLAY) stock option?
The stock option covers 32,947 shares of Relay Therapeutics common stock at an exercise price of $14.09 per share. It was granted on June 9, 2026 and expires on June 8, 2036, giving Coats a long-dated right to buy shares at that price.
How and when does Lonnel Coats’ Relay Therapeutics (RLAY) option grant vest?
The option vests in full on the earlier of the first anniversary of the June 9, 2026 grant date or the date of the next annual meeting of stockholders. This single-vesting schedule means the full 32,947-share option becomes exercisable at that time.
What is Lonnel Coats’ Relay Therapeutics (RLAY) option position after this transaction?
After the grant, Coats directly holds a stock option over 32,947 underlying shares of Relay Therapeutics common stock. The filing does not list additional derivative positions, so this option represents the position shown in this specific Form 4 disclosure.