Sagimet Biosciences (SGMT) director receives 39,567 stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sagimet Biosciences director Beth C. Seidenberg received a grant of stock options covering 39,567 shares of Series A common stock on June 12, 2026. The options have an exercise price of $6.48 per share and expire on June 11, 2036.
These options were awarded as a compensation grant, not a market purchase or sale. According to the terms, the underlying shares will vest in twelve equal monthly installments after June 12, 2026, as long as she continues serving the company on each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SEIDENBERG BETH C
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 options
Exercise price: $6.48 per share
Expiration date: June 11, 2036
+2 more
5 metrics
Option grant size
39,567 options
Stock Option (Right to Buy) granted June 12, 2026
Exercise price
$6.48 per share
Strike price for Series A common stock options
Expiration date
June 11, 2036
Option term for director grant
Underlying shares
39,567 shares
Series A common stock underlying the options
Vesting schedule
12 equal monthly installments
Monthly vesting after June 12, 2026, subject to continued service
Key Terms
Stock Option (Right to Buy), Series A Common Stock, exercise price, vesting
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Series A Common Stock financial
"underlying_security_title: 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.
exercise price financial
"conversion_or_exercise_price: 6.4800"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"shares underlying this option shall vest and become exercisable over twelve (12) equal 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 insider transaction did Sagimet Biosciences (SGMT) report for Beth C. Seidenberg?
Sagimet Biosciences reported that director Beth C. Seidenberg received a grant of stock options for 39,567 shares of Series A common stock. This is a compensation-related award, not an open-market purchase or sale of existing shares.
What are the key terms of Beth C. Seidenberg’s Sagimet (SGMT) stock option grant?
The option grant covers 39,567 shares of Sagimet Series A common stock at an exercise price of $6.48 per share. The options expire on June 11, 2036, providing a long-dated incentive aligned with the company’s future performance.
How do Beth C. Seidenberg’s Sagimet (SGMT) options vest over time?
The shares underlying the option will vest in twelve equal monthly installments following June 12, 2026. Vesting is conditioned on Beth C. Seidenberg’s continued service with Sagimet Biosciences on each monthly vesting date, typical for director equity compensation.
How many Sagimet (SGMT) derivative securities does Beth C. Seidenberg hold after this grant?
After this grant, Beth C. Seidenberg holds 39,567 stock options according to the filing’s totals. These options each relate to one share of Series A common stock, providing potential future ownership if exercised at the $6.48 strike price.