SpyGlass Pharma (SGP) awards 27,400 stock options to director Habib J. Dable
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SpyGlass Pharma director Habib J. Dable was granted stock options to acquire 27,400 shares of common stock on February 5, 2026. The options have an exercise price of $16 per share and were awarded as a derivative security grant.
According to the award terms, the options vest over three years, with one thirty-sixth of the shares vesting each month after the grant date, so long as Dable continues to serve as an Outside Director under the company’s 2026 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dable Habib J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 27,400 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 27,400 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SpyGlass Pharma (SGP) report for Habib J. Dable?
SpyGlass Pharma reported a grant of stock options to director Habib J. Dable. He received rights to acquire 27,400 shares of common stock as of February 5, 2026, under the company’s 2026 Equity Incentive Plan.
What are the key terms of Habib J. Dable’s SpyGlass Pharma stock option grant?
The stock option grant allows Habib J. Dable to buy 27,400 SpyGlass Pharma shares at an exercise price of $16. These options were granted on February 5, 2026, as a derivative security award reported on a Form 4 filing.
How do Habib J. Dable’s SpyGlass Pharma options vest over time?
The options vest in 36 equal monthly installments. One thirty-sixth of the 27,400 underlying shares vests each month after the February 5, 2026 grant date, so long as Dable continues serving as an Outside Director under the 2026 Equity Incentive Plan.
What role does Habib J. Dable hold at SpyGlass Pharma (SGP)?
Habib J. Dable is a director of SpyGlass Pharma. His status as an Outside Director under the 2026 Equity Incentive Plan is a condition for continued vesting of the 27,400-share stock option grant reported in this Form 4.
Is Habib J. Dable’s SpyGlass Pharma option grant a purchase or an award?
The transaction is an award, not an open-market purchase. The Form 4 classifies it as a grant or other acquisition of derivative securities, giving Dable the right to buy shares later at a fixed exercise price of $16.