Relay Therapeutics (RLAY) director granted options on 32,947 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Relay Therapeutics director Linda A. Hill received a stock option grant covering 32,947 shares of common stock. The option has an exercise price of $14.09 per share and was granted as a compensation award, not an open-market purchase or sale.
The option was granted on June 9, 2026 and vests in full on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders following that date. The option expires on June 8, 2036 if not exercised.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HILL LINDA A
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 per 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 per share
Stock option exercise price for 32,947 shares
Expiration date
June 8, 2036
Option term end date if not exercised
Vesting trigger
1 year or next annual meeting
Vests on earlier of first anniversary or next annual stockholder meeting
Post-grant derivative holdings
32,947 options
Total derivative securities following this transaction
Key Terms
Stock Option (Right to Buy), grant/award acquisition, exercise price, vests in full, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
exercise price financial
"conversion_or_exercise_price: 14.0900"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vests in full financial
"option was granted ... and vests in full on the earlier to occur"
annual meeting of stockholders financial
"the date of the next annual meeting of stockholders following the grant date"
FAQ
What insider transaction did Relay Therapeutics (RLAY) report for Linda A. Hill?
Relay Therapeutics reported a grant of stock options to director Linda A. Hill. She received options for 32,947 shares of common stock as a compensation award, not an open-market trade, under a standard equity incentive structure.
What is the exercise price of Linda A. Hill’s Relay Therapeutics (RLAY) stock options?
The stock options granted to Linda A. Hill have an exercise price of $14.09 per share. This is the price she would pay per share if she exercises the options once they are vested and before they expire in 2036.
When do Linda A. Hill’s Relay Therapeutics (RLAY) stock options vest?
The options vest 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 structure ties vesting to director service or the upcoming annual meeting.
When do Linda A. Hill’s Relay Therapeutics (RLAY) stock options expire?
The stock options granted to Linda A. Hill expire on June 8, 2036. She can choose to exercise any vested portion before that date at the $14.09 per share exercise price, subject to the company’s equity plan rules.
Is Linda A. Hill’s Relay Therapeutics (RLAY) Form 4 transaction a stock purchase or sale?
The Form 4 reports a grant of stock options, not a purchase or sale of common shares in the market. It is classified as a grant or award acquisition, reflecting equity-based compensation for her role as a director.