Relay Therapeutics (RLAY) CEO gets 1.45M option award grant details
Rhea-AI Filing Summary
Relay Therapeutics, Inc. reported that President and CEO Sanjiv Patel received a stock option grant. On January 13, 2026, he was awarded an option to buy 1,450,000 shares of Relay Therapeutics common stock at an exercise price of $7.94 per share. The filing states that the shares underlying this option will vest in sixteen equal quarterly installments after January 13, 2026, so long as he continues to serve with the company through each vesting date. Following this grant, he beneficially owned 1,450,000 derivative securities directly.
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FAQ
What insider transaction did Relay Therapeutics (RLAY) report for its CEO?
The company reported that President and CEO Sanjiv Patel received a grant of stock options on January 13, 2026, giving him the right to buy Relay Therapeutics common stock.
How many stock options did Relay Therapeutics (RLAY) grant to CEO Sanjiv Patel?
Relay Therapeutics granted 1,450,000 stock options to CEO Sanjiv Patel, as disclosed in the derivative securities table.
What is the exercise price of the new stock options granted to the Relay Therapeutics CEO?
The stock option granted to the CEO has an exercise price of $7.94 per share for Relay Therapeutics common stock.
How do the CEO’s Relay Therapeutics stock options vest?
The options underlying 1,450,000 shares will vest in sixteen equal quarterly installments after January 13, 2026, subject to his continued service with the company on each vesting date.
How many Relay Therapeutics derivative securities does the CEO own after this grant?
After the reported transaction, CEO Sanjiv Patel beneficially owned 1,450,000 derivative securities, held directly.
Is the stock option grant to the Relay Therapeutics CEO reported as direct or indirect ownership?
The filing shows the CEO’s ownership of the 1,450,000 stock options as direct ownership.