Solid Biosciences director awarded 77,500 options
Solid Biosciences Inc. director Lynne Marie Sullivan received a grant of director stock options covering 77,500 shares of common stock.
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Rhea-AI Filing Summary
Solid Biosciences Inc. director Lynne Marie Sullivan received a grant of director stock options covering 77,500 shares of common stock. The options have an exercise price of $6.61 per share and expire on June 10, 2036.
The 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 prior to the company’s next annual meeting of stockholders after the grant. Any unvested portion will vest automatically upon specified change in control events. This is a compensation-related award rather than an open-market purchase.
Insights
Director receives routine stock option grant as board compensation.
Director Lynne Marie Sullivan was granted options on 77,500 shares of Solid Biosciences Inc. common stock at an exercise price of $6.61 per share, expiring on June 10, 2036. The Form 4 classifies this as a grant/award acquisition, not a market trade.
The award vests fully on the earlier of the one-year anniversary of the June 10, 2026 grant date or immediately before the next annual meeting of stockholders, with full acceleration upon specified change in control events. This pattern is typical for director compensation and, standing alone, is generally viewed as routine rather than a directional signal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Option (Right to Buy) | 77,500 | $0.00 | $0.00 |
Footnotes (1)
- F1. This option was granted on June 10, 2026 and vests in full on the earlier to occur of the one-year anniversary of the grant date and immediately prior to the Issuer's next annual meeting of stockholders occurring after the grant date, and will vest automatically as to 100% of the unvested portion of such option upon specified change in control events.
Key Figures
Key Terms
Director Stock Option (Right to Buy) financial
grant/award acquisition financial
change in control events financial
annual meeting of stockholders financial
FAQ
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What did Solid Biosciences (SLDB) director Lynne Marie Sullivan receive in this Form 4?
What is the exercise price of the new SLDB director stock options?
When do Lynne Marie Sullivan’s Solid Biosciences options vest?
How long are the Solid Biosciences director stock options outstanding?
Do the SLDB director options accelerate on a change in control?
AI-generated analysis. How Rhea-AI works. Not financial advice.