SenesTech (SNES) director receives 100,000-share stock option grant at $1.65
Rhea-AI Filing Summary
SenesTech, Inc. director Jacob Steven Leach received a stock option grant covering 100,000 shares of common stock. The option has an exercise price of $1.65 per share, was granted on June 15, 2026, and expires on June 15, 2036.
The award vests monthly over one year in 12 equal installments, starting after the grant date. Following this grant, Leach holds derivative rights to acquire 100,000 shares through this option, reflecting a compensation-related equity incentive rather than an open-market purchase or sale.
Positive
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Insights
Routine director option grant adds equity-based incentive, no buy/sell signal.
Director Jacob Steven Leach was granted options for 100,000 shares of SenesTech, Inc. common stock at an exercise price of $1.65 per share. The grant date is June 15, 2026 and the option expires on June 15, 2036.
The footnote states vesting occurs monthly over one year in 12 equal installments, which is a typical structure for time-based equity compensation. No open-market buying or selling occurred in this filing; it records a compensation-related award that aligns the director’s incentives with long-term share performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 100,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Monthly over 1 year (12 equal monthly installments)
Key Figures
Key Terms
Stock Option (right to buy) financial
grant/award acquisition financial
Common Stock financial
Monthly over 1 year (12 equal monthly installments) financial
FAQ
What did SenesTech (SNES) director Jacob Steven Leach report in this Form 4?
What is the exercise price and term of Jacob Leach’s SenesTech (SNES) option grant?
How does Jacob Leach’s SenesTech (SNES) option grant vest over time?
Did Jacob Leach buy or sell any SenesTech (SNES) common stock in this Form 4?
What are Jacob Leach’s SenesTech (SNES) derivative holdings after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.