Entity tied to Sionna director granted 17,340 options
Sionna Therapeutics director Peter A. Thompson reported a grant of 17,340 non-qualified stock options linked to Sionna Therapeutics, Inc. common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Sionna Therapeutics director Peter A. Thompson reported a grant of 17,340 non-qualified stock options linked to Sionna Therapeutics, Inc. common stock. The options have an exercise price of $36.73 per share and expire on June 16, 2036. They vest in full on the earlier of June 17, 2027 or the date of the next annual meeting of Sionna Therapeutics, Inc., contingent on his continued service. Under an agreement with OrbiMed Advisors LLC and OrbiMed Capital GP VIII LLC, any securities or economic benefits from these options are to be transferred so that the economic benefit is provided to OrbiMed Private Investments VIII, LP.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (right to buy) | 17,340 | $0.00 | $0.00 |
Footnotes (2)
- F1. Pursuant to an agreement with OrbiMed Advisors LLC and OrbiMed Capital GP VIII LLC, the Reporting Person is obligated to transfer any securities issued under any such stock options or other awards, or the economic benefit thereof, to OrbiMed Advisors LLC and OrbiMed Capital GP VIII LLC, which will in turn ensure that such securities or economic benefits are provided to OrbiMed Private Investments VIII, LP.
- F2. This option vests in full upon the earlier of June 17, 2027 or the date of the next annual meeting of Sionna Therapeutics, Inc., subject to the Reporting Person's continued service on such vesting date.
Key Figures
Key Terms
Non-Qualified Stock Option (right to buy) financial
grant, award, or other acquisition financial
economic benefit financial
OrbiMed Advisors LLC financial
annual meeting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sionna Therapeutics (SION) disclose in this Form 4?
What is the exercise price and expiry of the new SION stock options?
When do the newly granted Sionna Therapeutics (SION) options vest?
How many SION derivative securities does the insider hold after this grant?
What role do OrbiMed entities play in this Sionna Therapeutics (SION) option grant?
Is this Sionna Therapeutics (SION) Form 4 an open-market purchase or a compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.