SAB Biotherapeutics (SABS) president awarded 3,000,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SAB Biotherapeutics reported that its president and director Eddie Joe Sullivan received a grant of stock options on 02/03/2026. The award covers 3,000,000 options to buy common stock at an exercise price of $4.45 per share under the company’s 2021 Omnibus Equity Incentive Plan, as amended. These options vest over four years, with one quarter vesting on the first anniversary of the grant date and the remaining three quarters vesting in 36 equal monthly installments. Following this grant, Sullivan directly holds 3,000,000 derivative securities in the form of stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sullivan Eddie Joe
Role
PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option (right to buy) | 3,000,000 | $0.00 | -- |
Holdings After Transaction:
Stock option (right to buy) — 3,000,000 shares (Direct)
Footnotes (1)
- Represents options to purchase shares of the Issuer's common stock par value $0.0001 per share, pursuant to the Issuer's 2021 Omnibus Equity Incentive Plan, as amended. The shares underlying the option vest over a four-year period, vesting 1/4 on the one-year anniversary of the date of grant, and the remaining 3/4 vesting pro rata on a monthly basis in 36 equal installments thereafter.
FAQ
What insider transaction did SAB Biotherapeutics (SABS) report for Eddie Sullivan?
SAB Biotherapeutics reported that president and director Eddie Joe Sullivan received 3,000,000 stock options on February 3, 2026. These options allow him to buy common shares at $4.45, vesting over four years under the company’s 2021 Omnibus Equity Incentive Plan.
How many SAB Biotherapeutics stock options were granted to Eddie Sullivan and at what price?
Eddie Joe Sullivan was granted 3,000,000 SAB Biotherapeutics stock options with a $4.45 exercise price per share. The options were issued as a single grant and are tied to the company’s common stock with par value $0.0001 per share.
What is the vesting schedule for Eddie Sullivan’s 3,000,000 SAB Biotherapeutics options?
The 3,000,000 options vest over four years. One quarter vests on the one-year anniversary of the February 3, 2026 grant date, and the remaining three quarters vest in 36 equal monthly installments thereafter, aligning vesting with longer-term service at the company.
Under which equity plan were Eddie Sullivan’s SAB Biotherapeutics options granted?
The options were granted under SAB Biotherapeutics’ 2021 Omnibus Equity Incentive Plan, as amended. This plan authorizes equity-based awards such as stock options to company personnel, linking their potential upside to future performance of the common stock.
What is Eddie Sullivan’s ownership status after this SAB Biotherapeutics option grant?
After the grant, Eddie Joe Sullivan beneficially owns 3,000,000 derivative securities in the form of stock options directly. These options give him the right to purchase 3,000,000 shares of SAB Biotherapeutics common stock if and when they vest and are exercised.
What roles does Eddie Sullivan hold at SAB Biotherapeutics in this Form 4 filing?
In the Form 4, Eddie Joe Sullivan is identified as both a director and an officer of SAB Biotherapeutics, serving as president. The filing indicates the reported stock options are held directly in his name rather than through an indirect ownership vehicle.