Septerna (SEPN) grants Chief Medical Officer 125,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Septerna’s Chief Medical Officer, Kim Jae B., reported receiving a new stock option award in common stock. On February 6, 2026, a stock option covering 125,000 shares was granted with an exercise price of $25.41 per share.
According to the vesting terms, 2/48 of the option will vest and become exercisable on March 1, 2026. The remaining shares will vest in 46 substantially equal monthly installments on each monthly anniversary thereafter, contingent on Kim’s continuous service with Septerna. After this grant, Kim holds 125,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kim Jae B.
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 125,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 125,000 shares (Direct)
Footnotes (1)
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FAQ
What did Septerna (SEPN) disclose in this Form 4 filing?
Septerna disclosed that its Chief Medical Officer, Kim Jae B., received a new stock option grant. The award covers 125,000 shares of common stock, granted on February 6, 2026, with vesting tied to continued service with the company over several years.
How many Septerna stock options were granted to Kim Jae B.?
The filing reports that 125,000 stock options were granted to Chief Medical Officer Kim Jae B.. These options give the right to buy up to 125,000 shares of Septerna common stock, subject to the vesting schedule and the stated exercise price conditions.
What is the exercise price of the new Septerna stock options?
The stock option granted to Kim Jae B. has an exercise price of $25.41 per share. This means Kim can purchase Septerna common stock at $25.41 per share once the options vest and become exercisable, assuming continued service with the company.
When do the Septerna options granted to Kim Jae B. start vesting?
Vesting begins on March 1, 2026, when 2/48 of the granted options become exercisable. The remaining portion of the 125,000 options vests in 46 substantially equal monthly installments on each monthly anniversary, conditioned on Kim’s continuous service with Septerna.
How many Septerna derivative securities does Kim Jae B. own after this transaction?
Following the reported transaction, Kim Jae B. beneficially owns 125,000 stock options directly. These options relate to Septerna common stock and represent the full amount of derivative securities reported as beneficially owned after the grant in this Form 4 filing.
What role does Kim Jae B. hold at Septerna (SEPN)?
The filing identifies Kim Jae B. as an officer of Septerna, serving as Chief Medical Officer. This executive role typically oversees clinical development and medical strategy, and the reported stock option grant represents part of Kim’s equity-based compensation package from the company.