Soligenix Board Member Gets Fresh Stock Incentives as Company Aligns Leadership
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Form 4 filing reveals that Robert J. Rubin, Director at Soligenix, received a stock option grant on June 20, 2025. The derivative securities transaction details include:
- Granted 17,647 stock options to purchase common stock
- Exercise price set at $1.70 per share
- Options expire on June 20, 2035
- Vesting schedule occurs in four equal installments: - September 20, 2025 - December 20, 2025 - March 20, 2026 - June 20, 2026
This equity compensation grant aligns the director's interests with shareholders through a standard 10-year term and quarterly vesting schedule over one year. The transaction was reported in compliance with SEC Section 16 requirements for insider trading disclosure.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RUBIN ROBERT J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 17,647 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 17,647 shares (Direct)
Footnotes (1)
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FAQ
How many stock options did SNGX director Robert J. Rubin receive on June 20, 2025?
Robert J. Rubin received 17,647 stock options (right to buy) of SNGX common stock on June 20, 2025, with an exercise price of $1.70 per share.
What is the vesting schedule for SNGX director Rubin's stock options granted in June 2025?
The stock options vest in four equal installments on: September 20, 2025, December 20, 2025, March 20, 2026, and June 20, 2026.
When do the SNGX stock options granted to Robert Rubin expire?
The stock options expire on June 20, 2035, ten years after the grant date.
What is Robert J. Rubin's role at SNGX according to the Form 4?
According to the Form 4 filing, Robert J. Rubin serves as a Director of Soligenix, Inc. (SNGX).
What was the exercise price of the SNGX stock options granted to Robert Rubin in June 2025?
The exercise price (conversion price) of the stock options granted to Robert Rubin was $1.70 per share.