Soligenix Board Member Gets 10-Year Stock Options in Latest Compensation Move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Form 4 Filing Details: Jerome B. Zeldis, Director of Soligenix (SNGX), reported the acquisition of stock options on June 20, 2025. The insider was granted 17,647 stock options with an exercise price of $1.70 per share.
The options have a 10-year term expiring on June 20, 2035, and will vest in four equal installments on:
- September 20, 2025
- December 20, 2025
- March 20, 2026
- June 20, 2026
This equity-based compensation grant aligns the director's interests with shareholders through long-term stock ownership potential. The filing was reported within the required SEC timeline, demonstrating compliance with Section 16(a) reporting obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ZELDIS JEROME B
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
What stock options did SNGX director Jerome Zeldis receive on June 20, 2025?
Jerome Zeldis received 17,647 stock options with an exercise price of $1.70 per share. These options were granted on June 20, 2025, and will expire on June 20, 2035.
What is the vesting schedule for SNGX director Zeldis's June 2025 stock options?
The stock options vest in four equal installments on: September 20, 2025, December 20, 2025, March 20, 2026, and June 20, 2026.
What position does Jerome Zeldis hold at Soligenix (SNGX)?
According to the Form 4 filing, Jerome B. Zeldis serves as a Director of Soligenix (SNGX). This is indicated by the 'X' marked in the Director box under the relationship to issuer section.
How long are Jerome Zeldis's SNGX stock options valid?
The stock options granted to Jerome Zeldis have a 10-year term, with an expiration date of June 20, 2035, as indicated in the derivative securities table of the Form 4.
What was the exercise price of SNGX stock options granted in June 2025?
The stock options were granted with an exercise price of $1.70 per share, as shown in the conversion or exercise price column of the derivative securities table.