Septerna (SEPN) director Alan Ezekowitz granted 15,000 stock options at $37.34
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Septerna, Inc. director Alan Ezekowitz received a grant of stock options as part of his compensation. The award covers 15,000 options to acquire Septerna common stock at an exercise price of $37.34 per share, with the option term running until June 25, 2036.
These options vest in full on the earlier of June 26, 2027 or the date of Septerna’s next annual meeting of stockholders, provided he continues to serve the company through the vesting date. Following this grant, his directly held option position from this award totals 15,000 shares underlying common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ezekowitz Alan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 15,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 15,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 15,000 options
Exercise price: $37.34 per share
Underlying shares: 15,000 shares
+3 more
6 metrics
Option grant size
15,000 options
Stock Option (Right to Buy) awarded to director
Exercise price
$37.34 per share
Conversion or exercise price of stock option
Underlying shares
15,000 shares
Common Stock underlying the option grant
Post-grant option holdings from award
15,000 options
Total shares following transaction for this grant
Option expiration date
June 25, 2036
Expiration date of stock option grant
Latest vesting date
June 26, 2027
Vests earlier of this date or next annual meeting
Key Terms
Stock Option (Right to Buy), Common Stock, vest in full, annual meeting of stockholders, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest in full financial
"The shares underlying the stock option vest in full upon the earlier of"
annual meeting of stockholders financial
"the date of the Issuer's next annual meeting of stockholders, subject to"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Septerna (SEPN) report for Alan Ezekowitz?
Septerna reported that director Alan Ezekowitz received a grant of 15,000 stock options. These options give him the right to buy Septerna common shares at a fixed exercise price as part of his director compensation package, rather than reflecting an open-market stock purchase or sale.
What is the exercise price of Alan Ezekowitz’s Septerna (SEPN) stock options?
The stock options granted to Alan Ezekowitz carry an exercise price of $37.34 per share. This means he can purchase Septerna common stock at $37.34 once the options vest and as long as they are exercised before the option expiration date.
When do Alan Ezekowitz’s Septerna (SEPN) stock options vest?
The options vest in full on the earlier of June 26, 2027 or Septerna’s next annual meeting of stockholders. Vesting is contingent on his continued service to the company through the applicable vesting date detailed in the award footnote.
When do Alan Ezekowitz’s Septerna (SEPN) stock options expire?
Alan Ezekowitz’s stock options are scheduled to expire on June 25, 2036. He must exercise any vested options before that expiration date; otherwise, the right to purchase the underlying Septerna common shares under this grant will lapse.
Is Alan Ezekowitz buying or selling Septerna (SEPN) stock in this Form 4?
The Form 4 reports a grant of stock options, not an open-market stock trade. Ezekowitz is receiving options as compensation, classified as an acquisition of derivative securities, rather than buying or selling Septerna shares in the market.