Solid Biosciences (SLDB) director awarded 77,500 stock options at $6.61 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solid Biosciences Inc. director Ilan Ganot received a new stock option grant. The Form 4 reports an award of 77,500 Director Stock Options, each exercisable for one share of common stock at an exercise price of $6.61 per share.
The option was granted on June 10, 2026 and vests in full on the earlier of the one-year anniversary of the grant date or immediately before the next annual stockholders’ meeting after the grant. Any remaining unvested portion will also vest automatically upon specified change in control events. Following this award, Ganot directly holds options for 77,500 underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ganot Ilan
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)
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Key Figures
Director stock options granted: 77,500 options
Exercise price: $6.61 per share
Underlying shares: 77,500 shares
+2 more
5 metrics
Director stock options granted
77,500 options
Grant to director Ilan Ganot on June 10, 2026
Exercise price
$6.61 per share
Strike price for Director Stock Option
Underlying shares
77,500 shares
Common stock underlying the option grant
Expiration date
June 10, 2036
Option expiration for director grant
Shares following transaction
77,500 options
Total options held by Ganot after grant
Key Terms
Director Stock Option, grant/award acquisition, exercise price, change in control events, +1 more
5 terms
Director Stock Option financial
"The Form 4 reports an award of 77,500 Director Stock Options"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
exercise price financial
"each exercisable for one share of common stock at an exercise price of $6.61"
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"
vesting financial
"and vests in full on the earlier of the one-year anniversary of the grant date"
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 did Solid Biosciences (SLDB) director Ilan Ganot report on this Form 4?
Director Ilan Ganot reported receiving a stock option grant from Solid Biosciences. The award covers 77,500 Director Stock Options, each tied to one share of common stock, reflecting routine equity-based director compensation.
How many options did Ilan Ganot receive from Solid Biosciences (SLDB)?
Ilan Ganot received 77,500 Director Stock Options. Each option represents the right to buy one share of Solid Biosciences common stock, giving him derivative exposure to 77,500 underlying shares, subject to vesting conditions and the stated exercise price.
What is the exercise price of Ilan Ganot’s Solid Biosciences (SLDB) options?
The options have an exercise price of $6.61 per share. This means Ganot can buy Solid Biosciences common stock at $6.61 for each of the 77,500 underlying shares once the options vest and before they expire.
When do Ilan Ganot’s Solid Biosciences (SLDB) options vest?
The option vests in full on the earlier of the one-year anniversary of the June 10, 2026 grant date or immediately before the next annual stockholders’ meeting, with any unvested portion also vesting upon specified change in control events.
When do the Solid Biosciences (SLDB) options granted to Ilan Ganot expire?
The granted Director Stock Options expire on June 10, 2036. Ganot must exercise the options, once vested, on or before that expiration date to purchase the underlying common shares at the fixed exercise price of $6.61.
How many Solid Biosciences (SLDB) options does Ilan Ganot hold after this transaction?
After this award, Ganot directly holds options covering 77,500 shares of Solid Biosciences common stock. The filing indicates this total as his holdings following the transaction reported in this Form 4.