Seer (SEER) CEO Omid Farokhzad awarded 697K RSUs plus 512K options
Rhea-AI Filing Summary
Seer, Inc. CEO and Chair Omid Farokhzad reported new equity awards, including 697,162 Class A RSU-based shares and 512,000 stock options. The 697,162 reported shares are restricted stock units that vest in 16 equal quarterly installments beginning on May 15, 2026. The employee stock option covers 512,000 Class A shares at an exercise price of $1.79 per share, expiring on February 3, 2036; one-fourth vests on February 3, 2027 and the rest vests monthly thereafter. Following these grants, he directly beneficially owns 3,373,449 Class A shares, and an additional 2,117,138 shares are held by SAF-BND Trust for which his spouse is trustee, with beneficial ownership disclaimed except for any pecuniary interest.
Positive
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Insights
Large CEO RSU and option grants with long-term vesting at Seer, Inc.
Seer, Inc. granted CEO and Chair Omid Farokhzad 697,162 Class A RSU-based shares and an option over 512,000 Class A shares at an exercise price of $1.79. These awards are structured with multi‑year vesting schedules that tie value to continued service.
The RSUs vest in 16 equal quarterly installments starting on May 15, 2026, spreading delivery over four years. The option expires on February 3, 2036, with one‑fourth vesting on February 3, 2027 and the balance vesting monthly thereafter, which gradually increases exercisable ownership over time.
After the reported grants, Farokhzad directly beneficially owns 3,373,449 Class A shares. An additional 2,117,138 shares are held by SAF-BND Trust, where his spouse is trustee; he disclaims beneficial ownership except for any pecuniary interest, which clarifies how much stock is directly versus indirectly attributed.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 512,000 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 697,162 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The reported shares are represented by restricted stock units, or RSUs, which vest in 16 equal quarterly installments beginning on May 15, 2026. The reported shares are held of record by SAF-BND Trust for which the reporting person's spouse serves as trustee. The reporting person disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. One-fourth of the shares subject to the option vest on February 3, 2027 and 1/48th of the shares vest monthly thereafter.