Solid Biosciences (SLDB) director receives 77,500 stock options at $6.61 exercise price
Rhea-AI Filing Summary
Solid Biosciences Inc. director Martin I. Freed received a grant of stock options covering 77,500 shares of common stock. The options have an exercise price of $6.61 per share and were awarded at no upfront cost as a compensation grant.
The option vests in full on the earlier of the one-year anniversary of the June 10, 2026 grant date or immediately before the company’s next annual meeting of stockholders after that date, and will fully vest on specified change in control events. Following this grant, Freed holds 77,500 stock options directly.
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Insights
Routine director stock option grant aligns with standard board compensation.
Director Martin I. Freed received 77,500 stock options with a $6.61 exercise price, reflecting typical equity-based compensation rather than an open-market purchase. The options were granted at no cost and are structured to vest over a short service horizon.
The award vests on the earlier of the one-year anniversary of June 10, 2026 or immediately before the next annual stockholder meeting, and accelerates upon specified change in control events. This creates service- and event-based incentives without immediate cash impact, and is generally neutral from an investment thesis perspective.
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
exercise price financial
vests in full financial
annual meeting of stockholders regulatory
change in control events financial
AI-generated analysis. How Rhea-AI works. Not financial advice.