Sagimet (NASDAQ: SGMT) CMO receives 88,000-share option and 44,000 RSUs
Rhea-AI Filing Summary
Sagimet Biosciences Chief Medical Officer Eduardo Bruno Martins reported equity awards that increase his direct holdings. He received a stock option covering 88,000 shares of Series A Common Stock at an exercise price of $0.00 per share, and a separate grant of 44,000 shares of Series A Common Stock in the form of restricted stock units (RSUs).
The RSUs will vest in four equal annual installments after February 19, 2026, contingent on continued service. The stock option will vest in forty-eight equal monthly installments after the same date, also subject to continued service. Following these transactions, his reported direct ownership of Series A Common Stock is 147,296 shares, and he holds options for 88,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 88,000 | $0.00 | $0.00 |
| Grant/Award | Series A Common Stock | 44,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents restricted stock units ("RSUs"). 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 February 19, 2026, subject to the Reporting Person's continued service on each such vesting date.
- F2. The shares underlying this option shall vest and become exercisable over forty-eight equal monthly installments following February 19, 2026, subject to the Reporting Person's continued service on each such vesting date.
FAQ
What equity awards did Sagimet Biosciences (SGMT) grant to its Chief Medical Officer?
How do the new RSUs for Sagimet Biosciences (SGMT) CMO vest over time?
What is the vesting schedule for the new Sagimet Biosciences (SGMT) stock option grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.