Relay Therapeutics (RLAY) director granted options on 32,947 shares at $14.09
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Relay Therapeutics, Inc. director Alexis Borisy reported receiving a stock option award covering 32,947 shares of common stock. The option has an exercise price of $14.09 per share and expires on June 8, 2036.
According to the filing, the option vests in full on the earlier of the first anniversary of the June 9, 2026 grant date or the next annual meeting of stockholders following that grant date. This is a compensation-related grant, not an open-market purchase or sale of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Borisy Alexis
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
+3 more
6 metrics
Option grant size
32,947 shares
Stock Option (Right to Buy) granted June 9, 2026
Exercise price
$14.09 per share
Conversion or exercise price of stock option
Expiration date
June 8, 2036
Option expiration date
Underlying shares
32,947 shares
Underlying common stock for the option
Shares after transaction
32,947 derivative securities
Total options held following this grant
Transaction code
A
Grant, award, or other acquisition of derivatives
Key Terms
Stock Option (Right to Buy), grant date, vests in full, annual meeting of stockholders, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
grant date financial
"granted on June 9, 2026 with respect to 32,947 shares"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
vests in full financial
"and vests in full on the earlier to occur of (a) the first anniversary"
annual meeting of stockholders financial
"or (b) the date of the next annual meeting of stockholders following the grant date"
derivative securities financial
"transaction_type: derivative"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What insider transaction did Relay Therapeutics (RLAY) disclose in this Form 4?
Relay Therapeutics disclosed that director Alexis Borisy received a stock option grant for 32,947 shares of common stock. The award is a compensation-related grant, not an open-market trade, and was reported as an acquisition of derivative securities.
What is the exercise price of Alexis Borisy’s new options in Relay Therapeutics (RLAY)?
The stock option grant to Alexis Borisy has an exercise price of $14.09 per share. This means he can buy Relay Therapeutics common stock at $14.09 once the options vest and are exercised, subject to the award’s terms.
When do Alexis Borisy’s Relay Therapeutics (RLAY) 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 single vesting date applies to the entire 32,947-share option award.
When do the newly granted Relay Therapeutics (RLAY) options expire?
The stock option granted to Alexis Borisy expires on June 8, 2036. After this expiration date, any unexercised portion of the 32,947-share option award can no longer be exercised to purchase Relay Therapeutics common stock.
Is Alexis Borisy’s Relay Therapeutics (RLAY) Form 4 transaction a market buy or sell?
The Form 4 reports a grant of stock options as compensation, not a market buy or sale. The transaction code is “A,” indicating a grant or award acquisition of derivative securities rather than an open-market purchase or disposition of common shares.