SenesTech (SNES) director awarded 100K stock options at $1.65
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SenesTech, Inc. director Matthew K. Szot received a grant of stock options covering 100,000 shares of common stock. The options have an exercise price of $1.6500 per share, were granted at no cost, and vest in 12 equal monthly installments over one year. The options expire on June 15, 2036, and following this grant Szot holds 100,000 options directly as compensation rather than through any open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Szot Matthew K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 100,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 100,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 100,000 options
Exercise price: $1.6500 per share
Grant price: $0.0000
+4 more
7 metrics
Options granted
100,000 options
Stock Option (right to buy) granted to director on 2026-06-15
Exercise price
$1.6500 per share
Conversion or exercise price of granted stock options
Grant price
$0.0000
Options granted at no cash cost to the director
Underlying shares
100,000 shares
Common Stock underlying the stock option award
Vesting schedule
12 monthly installments
Vests monthly over 1 year in equal installments
Expiration date
2036-06-15
Options expire on June 15, 2036
Options held after grant
100,000 options
Total derivative securities following the reported transaction
Key Terms
Stock Option (right to buy), grant/award acquisition, exercise price, vesting, +1 more
5 terms
Stock Option (right to buy) financial
"The reported security is a Stock Option (right to buy) with an exercise price."
grant/award acquisition financial
"The transaction action is described as a grant/award acquisition to the director."
exercise price financial
"The options carry an exercise price of $1.6500 per share of common stock."
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.
vesting financial
"A footnote states the options vest monthly over 1 year in 12 equal installments."
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.
Common Stock financial
"The underlying security title for the options is listed as Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did SenesTech (SNES) director Matthew Szot receive in this Form 4 filing?
Director Matthew K. Szot received a grant of 100,000 stock options for SenesTech common stock. These options were awarded as compensation, not purchased on the open market, and give him the right to buy shares at a fixed exercise price.
What is the exercise price of the new SenesTech (SNES) stock options?
The granted options have an exercise price of $1.6500 per share. This means Szot can choose to buy SenesTech common shares at $1.65 each once vested, regardless of the market price at that time.
How do the 100,000 SenesTech (SNES) options granted to Matthew Szot vest?
The 100,000 options vest monthly over one year in 12 equal installments. Each month, a portion of the grant becomes exercisable, aligning Szot’s potential ownership with continued service during the vesting period.
When do Matthew Szot’s newly granted SenesTech (SNES) options expire?
The stock options granted to Szot expire on June 15, 2036. He may exercise vested options any time before that expiration date, subject to the plan’s terms and his continued eligibility.