RPID CEO exercises 11,233 options at $0.75; holds 974,937 shares
Rapid Micro Biosystems (RPID) reported insider transactions by President & CEO and Director Robert G. Spignesi, Jr. on 10/17/2025.
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Rhea-AI Filing Summary
Rapid Micro Biosystems (RPID) reported insider transactions by President & CEO and Director Robert G. Spignesi, Jr. on 10/17/2025. He exercised stock options (code M) for 3,400 and 7,833 shares at an exercise price of $0.75 per share via net exercise. The company withheld 2,072 and 4,774 shares (code F) using the $3.08 closing price to cover the exercise price and taxes, consistent with the 2010 Stock Option and Grant Plan. Following these transactions, he directly owned 974,937 Class A common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 3,400 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) | 7,833 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,400 | $0.75 | $3K |
| Exercise Price or Tax Liability | Class A Common Stock | 2,072 | $3.08 | $6K |
| Exercise | Class A Common Stock | 7,833 | $0.75 | $6K |
| Exercise Price or Tax Liability | Class A Common Stock | 4,774 | $3.08 | $15K |
Footnotes (3)
- F1. Represents a "net exercise" of outstanding stock options. The reporting person received 1,328 shares of common stock on net exercise of option to purchase 3,400 shares of common stock. The Company withheld 2,072 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on October 17, 2025 of $3.08, pursuant to the terms of the 2010 Stock Option and Grant Plan.
- F2. Represents a "net exercise" of outstanding stock options. The reporting person received 3,059 shares of common stock on net exercise of option to purchase 7,833 shares of common stock. The Company withheld 4,774 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on October 17, 2025 of $3.08, pursuant to the terms of the 2010 Stock Option and Grant Plan.
- F3. The option is fully vested and exercisable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did RPID’s CEO report on Form 4?
He executed two option exercises (code M) for 3,400 and 7,833 shares at $0.75 on 10/17/2025, with share withholding for taxes and exercise price.
What is the exercise price of the options?
The stock options carried an exercise price of $0.75 per share.
Were the options vested?
Yes. The filing states the option is fully vested and exercisable.
What is the reporting person’s role at RPID?
Robert G. Spignesi, Jr. is President & CEO and a Director.
AI-generated analysis. How Rhea-AI works. Not financial advice.