Biotech Director Alan Ezekowitz Receives 16,623 Septerna Options with One-Year Vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Alan Ezekowitz of Septerna received a stock option grant on June 17, 2025, representing a significant insider transaction. Key details include:
- Granted 16,623 stock options to purchase common stock at an exercise price of $10.24 per share
- Options will vest in full upon the earlier of:
- June 17, 2026
- The company's next annual stockholders meeting
- Options expire on June 16, 2035
- Vesting is contingent on continued service with the company
This equity compensation grant aligns with standard director compensation practices and serves to align the director's interests with those of shareholders. The filing was executed by Jeffrey Finer as attorney-in-fact on June 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ezekowitz Alan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 16,623 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 16,623 shares (Direct)
Footnotes (1)
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FAQ
How many stock options did SEPN director Alan Ezekowitz receive on June 17, 2025?
Alan Ezekowitz received 16,623 stock options (Right to Buy) of SEPN common stock with an exercise price of $10.24 per share on June 17, 2025.
What is the vesting schedule for SEPN director Ezekowitz's stock options granted in June 2025?
The stock options will vest in full upon the earlier of (i) June 17, 2026 or (ii) SEPN's next annual meeting of stockholders, subject to Ezekowitz's continued service to the company through the vesting date.
When do Alan Ezekowitz's SEPN stock options expire?
The stock options granted to Alan Ezekowitz expire on June 16, 2035, ten years after the grant date.
What is Alan Ezekowitz's role at SEPN according to the Form 4 filing?
According to the Form 4 filing, Alan Ezekowitz serves as a Director of Septerna, Inc. (SEPN). This is indicated by the 'X' marked in the Director box under the relationship section.
What was the exercise price of SEPN stock options granted to Ezekowitz in June 2025?
The exercise price (conversion price) of the stock options granted to Alan Ezekowitz was $10.24 per share.