SGMT Form 4: 9,855 RSUs granted; 13,367 options at $7.61
Rhea-AI Filing Summary
Sagimet Biosciences (SGMT) disclosed an insider equity award. On 11/04/2025, the Chief Legal & Admin. Officer received 9,855 restricted stock units at $0.00 and a stock option for 13,367 shares at an exercise price of $7.61, both granted in connection with a promotion.
The RSUs vest in four equal annual installments following November 4, 2025. The option vests over 48 equal monthly installments following November 4, 2025 and has an expiration date of 11/03/2035. After these grants, 193,581 Series A Common shares were beneficially owned directly, and 13,367 options were held.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 13,367 | $0.00 | -- |
| Grant/Award | Series A Common Stock | 9,855 | $0.00 | -- |
Footnotes (1)
- Represents restricted stock units ("RSUs") granted in connection with the Reporting Person's promotion within the Company. Each RSU represents a contingent right to receive one share of the Issuer's Series A Common Stock upon vesting and settlement. The RSUs shall vest over four equal annual installments following November 4, 2025, subject to the Reporting Person's continued service on each such vesting date. This option was granted in connection with the Reporting Person's promotion within the Company. The shares underlying this option shall vest and become exercisable over forty-eight equal monthly installments following November 4, 2025, subject to the Reporting Person's continued service on each such vesting date.
FAQ
What insider transaction was reported for SGMT?
A grant of 9,855 RSUs at $0.00 and a stock option for 13,367 shares at an exercise price of $7.61 on 11/04/2025.
Who received the equity awards at Sagimet (SGMT)?
The company's Chief Legal & Admin. Officer received the grants.
What are the vesting terms of the RSUs for SGMT?
The 9,855 RSUs vest in four equal annual installments following November 4, 2025.
What are the vesting and expiration terms of the options?
The 13,367-share option vests over 48 equal monthly installments following November 4, 2025 and expires on 11/03/2035.
What class of stock underlies the SGMT awards?
Both awards relate to Series A Common Stock.