Director at Solid Biosciences (NASDAQ: SLDB) receives 77,500 stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solid Biosciences Inc. director Clare Kahn received a grant of stock options to acquire 77,500 shares of common stock. The options have an exercise price of $6.61 per share and were awarded at no cost as equity compensation.
The option grant was made on June 10, 2026 and vests in full on the earlier of the one-year anniversary of the grant date or immediately before the company’s next annual stockholder meeting after the grant date. Any unvested portion will also vest automatically upon specified change in control events.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kahn Clare
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Option (Right to Buy) | 77,500 | $0.00 | -- |
Holdings After Transaction:
Director Stock Option (Right to Buy) — 77,500 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 77,500 options
Exercise price: $6.61 per share
Cost to grantee: $0.00 per option
+2 more
5 metrics
Options granted
77,500 options
Director stock option grant on June 10, 2026
Exercise price
$6.61 per share
Strike price for director stock options
Cost to grantee
$0.00 per option
Grant/award acquisition, not open-market purchase
Expiration date
June 10, 2036
Option expiration for 77,500-share grant
Shares after transaction
77,500 derivative securities
Total derivative options held following the grant
Key Terms
Director Stock Option (Right to Buy), Grant, award, or other acquisition, exercise price, change in control events
4 terms
Director Stock Option (Right to Buy) financial
"security_title: Director Stock Option (Right to Buy)"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
exercise price financial
"conversion_or_exercise_price: 6.6100"
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.
change in control events financial
"will vest automatically as to 100% of the unvested portion of such option upon specified change in control events"
FAQ
What did Solid Biosciences (SLDB) director Clare Kahn report on this Form 4?
Director Clare Kahn reported receiving a stock option grant for 77,500 shares of Solid Biosciences common stock. The award is a compensation grant, not an open-market trade, and gives the right to buy shares at a fixed exercise price.
How many Solid Biosciences (SLDB) options did Clare Kahn receive and at what price?
Clare Kahn received options covering 77,500 shares of Solid Biosciences common stock with a $6.61 exercise price. The transaction price per option was $0.00, reflecting a typical director compensation grant rather than a purchase in the open market.
When do Clare Kahn’s Solid Biosciences (SLDB) options vest?
The options granted to Clare Kahn vest in full on the earlier of one year after the June 10, 2026 grant date or immediately before Solid Biosciences’ next annual stockholder meeting. This provides time-based vesting tied to either tenure or the next meeting schedule.
What happens to Clare Kahn’s SLDB options upon a change in control?
Any unvested portion of Clare Kahn’s stock options will vest automatically upon specified change in control events. This means that if qualifying control changes occur, 100% of her then-unvested options would become fully exercisable under the grant terms.
Is Clare Kahn’s Form 4 transaction a buy or sell of SLDB stock?
The Form 4 reflects an acquisition of derivative securities through a grant, not a buy or sell of common stock in the market. The reporting code is “A,” indicating a grant or award of options as compensation rather than an open-market transaction.