Sagimet Biosciences (SGMT) director receives stock option grant for 39,567 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sagimet Biosciences Inc. director Paul W. Hoelscher received a grant of stock options covering 39,567 shares of Series A Common Stock. The options have an exercise price of $6.48 per share and expire on June 11, 2036.
The award was granted at no cost to him and is structured as compensation, not an open-market trade. The underlying 39,567 shares will vest in twelve equal monthly installments beginning on June 12, 2026, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hoelscher Paul W.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 39,567 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 39,567 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 39,567 shares
Exercise price: $6.48 per share
Shares after grant: 39,567 derivative shares
+3 more
6 metrics
Option grant size
39,567 shares
Stock Option (Right to Buy) underlying Series A Common Stock
Exercise price
$6.48 per share
Conversion or exercise price of stock option
Shares after grant
39,567 derivative shares
Total stock options following transaction
Transaction date
June 12, 2026
Grant date of stock option
Expiration date
June 11, 2036
Option expiration for Stock Option (Right to Buy)
Vesting schedule
12 monthly installments
Equal monthly vesting after June 12, 2026, subject to continued service
Key Terms
Stock Option (Right to Buy), Series A Common Stock, Grant, award, or other acquisition, vesting
4 terms
Stock Option (Right to Buy) financial
"Transaction security title is listed as "Stock Option (Right to Buy)"."
Series A Common Stock financial
"The underlying security title is described as "Series A Common Stock"."
Series A common stock is a specific class of a company’s ordinary shares issued during an early formal funding round, carrying the ownership rights and voting power tied to that class. For investors it signals an early-stage equity claim with potential upside if the business grows, but also greater risk and typically less liquidity than shares in mature, publicly traded firms—imagine buying a seat on a startup’s team before the company has proven itself.
Grant, award, or other acquisition financial
"The transaction code description states "Grant, award, or other acquisition"."
vesting financial
"The shares underlying this option shall vest and become exercisable over twelve monthly installments."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Sagimet Biosciences (SGMT) director Paul Hoelscher report on this Form 4?
Paul W. Hoelscher reported receiving a stock option grant for 39,567 shares of Sagimet Biosciences Series A Common Stock. The option was awarded at no cost and represents compensation rather than an open-market share purchase or sale.
What is the exercise price and expiration date of the Sagimet Biosciences (SGMT) option granted to Paul Hoelscher?
The stock option granted to Paul W. Hoelscher has an exercise price of $6.48 per share and expires on June 11, 2036. This means he can buy shares at $6.48 any time after vesting and before expiration.
How does the stock option granted to Sagimet Biosciences (SGMT) director Paul Hoelscher vest?
The option vests in twelve equal monthly installments following June 12, 2026. Each month, a portion of the 39,567 underlying shares becomes exercisable, provided Paul W. Hoelscher continues to serve on each applicable vesting date.