Solid Biosciences grants 77,500 options to director
Solid Biosciences Inc. reported that director Nagendran Sukumar received a grant of stock options covering 77,500 shares of common stock.
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Rhea-AI Filing Summary
Solid Biosciences Inc. reported that director Nagendran Sukumar 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 expire on June 10, 2036.
The grant vests in full on the earlier of the one-year anniversary of June 10, 2026 or immediately before the company’s next annual stockholder meeting after that date. Any remaining unvested portion will also vest automatically upon specified change in control events, aligning the director’s compensation with company performance and potential strategic transactions.
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 financial
grant/award acquisition financial
exercise price financial
change in control events financial
FAQ
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What did Solid Biosciences (SLDB) disclose in this Form 4 filing?
How many stock options did Nagendran Sukumar receive from Solid Biosciences (SLDB)?
What is the exercise price of the new Solid Biosciences (SLDB) director options?
When do Nagendran Sukumar’s Solid Biosciences (SLDB) options vest?
Do the Solid Biosciences (SLDB) director options have change in control protection?
When do the newly granted Solid Biosciences (SLDB) options expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.