Rallybio director granted 18,055 stock options
Rallybio Corp director Martin Mackay received a stock option grant tied to his board compensation.
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Rhea-AI Filing Summary
Rallybio Corp director Martin Mackay received a stock option grant tied to his board compensation. The Form 4 shows an award of options to purchase 18,055 shares of common stock at an exercise price of $3.60 per share.
The option was issued under Rallybio’s 2021 Equity Incentive Plan in lieu of $65,000 in retainer fees. It vests in 11 equal installments, each on the last day of the remaining months of calendar year 2026, meaning the award becomes exercisable gradually over that period rather than all at once.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option (Right to Buy) | 18,055 | $3.60 | $65K |
Footnotes (2)
- F1. The option vests as to the underlying shares of Common Stock in 11 equal installments, each on the last day of each remaining month of calendar year 2026.
- F2. This option was issued to the reporting person pursuant to the Company's 2021 Equity Incentive Plan in lieu of retainer fees of $65,000.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Rallybio (RLYB) disclose for Martin Mackay?
What is the exercise price of Martin Mackay’s Rallybio (RLYB) stock options?
How do Martin Mackay’s Rallybio (RLYB) options vest over time?
Why did Rallybio (RLYB) issue this option grant to Martin Mackay?
Is Martin Mackay’s Rallybio (RLYB) option grant a market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.