Soligenix Board Member Parks Gets Performance Incentive with Quarterly Vesting Plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Form 4 filing reveals that Diane L. Parks, 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 stock option grant represents standard director compensation and aligns the director's interests with shareholders through long-term equity incentives. The 10-year exercise period provides significant time value for these options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parks Diane L.
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 were granted to Diane Parks at SNGX on June 20, 2025?
Diane Parks was granted 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 Diane Parks' 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.
What position does Diane Parks hold at Soligenix (SNGX)?
According to the Form 4 filing, Diane Parks serves as a Director of Soligenix, Inc. (SNGX).
What is the total value of stock options granted to SNGX's Diane Parks in June 2025?
The Form 4 shows that Diane Parks received 17,647 stock options with a strike price of $1.70 per share. The options were granted at $0 cost to Parks, though their actual value would depend on SNGX's stock price performance above the $1.70 exercise price.