Form 4: Pardo Geoffrey B reports acquisition/exercise transactions in SGP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pardo Geoffrey B reported acquisition or exercise transactions in a Form 4 filing for SGP. The filing lists transactions totaling 27,400 shares. Following the reported transactions, holdings were 27,400 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pardo Geoffrey B
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 Geoffrey B. Pardo?
SpyGlass Pharma reported a stock option grant to director Geoffrey B. Pardo. He received options on February 5, 2026 to acquire 27,400 shares of common stock at a $16 exercise price, subject to a multi-year vesting schedule tied to continued board service.
What is the exercise price of Geoffrey Pardo’s SpyGlass Pharma (SGP) stock options?
The stock options have an exercise price of $16 per share. This means Pardo may purchase up to 27,400 shares of SpyGlass Pharma common stock at $16 if and when the options vest and are exercised under the plan’s terms.
How do Geoffrey Pardo’s SpyGlass Pharma (SGP) options vest over time?
The options vest in 36 equal monthly installments. One thirty-sixth of the 27,400-option grant vests each month after the February 5, 2026 grant date, provided Pardo continues as an Outside Director through each applicable vesting date under the equity plan.
Is Geoffrey B. Pardo’s SpyGlass Pharma (SGP) option grant a direct holding?
Yes, the filing reports Pardo’s option holdings as direct ownership. After the February 5, 2026 grant, he directly holds 27,400 derivative securities in the form of stock options, reflecting a standard director equity compensation structure tied to ongoing board service.
When do Geoffrey Pardo’s SpyGlass Pharma (SGP) stock options expire?
The reported stock options expire on February 5, 2036. Pardo may exercise vested portions of the 27,400-share option grant any time before this expiration date, subject to plan terms and his continued status as an Outside Director for ongoing vesting.