Soligenix grants director options at $0.38
Director Diane L. Parks received 78,947 stock options in Soligenix, Inc. with a $0.38 exercise price, vesting through 2027.
Rhea-AI Filing Summary
SOLIGENIX, INC. (SNGX) reported that director Diane L. Parks received a grant of stock options covering 78,947 shares of common stock on September 17, 2026. The options have an exercise price of $0.38 per share, expire on September 16, 2036, and vest ratably on four dates through September 17, 2027.
Positive
- None.
Negative
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Insider Trade Summary
Grant/Award: 78,947 shares
Grant/Award
1 txn
Insider
Parks Diane L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1 | 78,947 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 78,947 contracts (Direct)
Footnotes (1)
- F1. The stock option vests ratably on each of December 17, 2026, March 17, 2027, June 17, 2027 and September 17, 2027.
Key Figures
Stock options granted: 78,947 options
Exercise price: $0.38 per share
Shares underlying options: 78,947 shares
+2 more
5 metrics
Stock options granted
78,947 options
Grant to director Diane L. Parks on September 17, 2026
Exercise price
$0.38 per share
Exercise price for the 78,947 stock options
Shares underlying options
78,947 shares
Common stock underlying the option grant
Option expiration date
September 16, 2036
Expiration of Diane L. Parks’ stock options
Vesting dates
December 17, 2026; March 17, 2027; June 17, 2027; September 17, 2027
Options vest ratably on these four dates
Key Terms
Stock Option (Right to Buy), exercise price, vests ratably, expiration date
4 terms
Stock Option (Right to Buy) financial
"The security is described as Stock Option (Right to Buy)."
exercise price financial
"The option has an exercise price of $0.38 per share."
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.
vests ratably financial
"The stock option vests ratably on each of December 17, 2026, March 17, 2027, June 17, 2027 and September 17, 2027."
expiration date financial
"The options expire on September 16, 2036."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Soligenix (SNGX) report for Diane L. Parks?
Soligenix reported that director Diane L. Parks received a grant of 78,947 stock options for common stock on September 17, 2026 as part of her equity compensation.
What is the exercise price of the new stock options granted at SNGX?
The stock options granted to Diane L. Parks have an exercise price of $0.38 per share, meaning she can buy Soligenix common stock at this price when the options are vested and exercised before expiration.
When do Diane L. Parks’ Soligenix (SNGX) options vest?
The options vest ratably on four dates: December 17, 2026, March 17, 2027, June 17, 2027, and September 17, 2027, spreading the vesting over roughly one year.
When do the newly granted Soligenix (SNGX) stock options expire?
The stock options granted to Diane L. Parks expire on September 16, 2036. She must exercise any vested options on or before this date, or they will lapse.
How many Soligenix (SNGX) options does Diane L. Parks hold after this grant?
After this grant, Diane L. Parks holds 78,947 stock options for Soligenix common stock as reported, all linked to this single option award.
Were the Soligenix (SNGX) option grants to Diane L. Parks under a Rule 10b5-1 plan?
No. The filing indicates that no Rule 10b5-1 trading plan governs this option grant; it is reported as a direct award without such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.