Sagimet CFO granted stock options and RSUs
Sagimet Biosciences Inc. reported that its Chief Financial Officer, Thierry Chauche, received new equity awards.
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Rhea-AI Filing Summary
Sagimet Biosciences Inc. reported that its Chief Financial Officer, Thierry Chauche, received new equity awards. He was granted a stock option for 88,000 shares at an exercise price of $0.0000 per share, which will vest in forty-eight equal monthly installments following February 19, 2026, subject to continued service.
Chauche also acquired 44,000 shares of Series A Common Stock in the form of restricted stock units. Each RSU represents one share and will vest in four equal annual installments following February 19, 2026, contingent on his continued service on each vesting date. After this award, his directly held Series A Common Stock totaled 59,688 shares.
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
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What did Sagimet Biosciences (SGMT) disclose in this Form 4 filing?
How many stock options did the Sagimet (SGMT) CFO receive and on what terms?
What are the details of the restricted stock units granted to the Sagimet (SGMT) CFO?
Are the Sagimet (SGMT) CFO’s new equity awards immediately vested or time-based?
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