Sensei director converts stock, receives options
Sensei Biotherapeutics director Stephen M. Hahn reported acquiring common shares through a preferred stock conversion and receiving a new stock option award.
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Rhea-AI Filing Summary
Sensei Biotherapeutics director Stephen M. Hahn reported acquiring common shares through a preferred stock conversion and receiving a new stock option award. On June 15, 2026, 44,763 shares of Common Stock were acquired upon the conversion of 44.763 shares of Series B Preferred Stock, leaving him with 44,763 common shares directly owned.
Separately, on June 12, 2026, Hahn received a stock option for 25,000 shares of Common Stock at an exercise price of $13.00 per share. This option vests in 36 equal monthly installments and is expected to be fully vested by June 12, 2029, subject to his continued service with the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series B Preferred Stock | 44.763 | $0.00 | $0.00 |
| Conversion | Common Stock | 44,763 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) | 25,000 | $0.00 | $0.00 |
Footnotes (4)
- F1. Subject to certain conditions set forth in the Certificate of Designation of Preferences, Rights and Limitations of the Series B Preferred Stock, each share of Series B Preferred Stock is convertible into 1,000 shares of the Issuer's Common Stock and has no expiration date.
- F2. Pursuant to February 17, 2026 Agreement and Plan of Merger (the "Merger Agreement"), by and among the Issuer, Sapphire First Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of the Issuer ("First Merger Sub"), Sapphire Second Merger Sub, LLC, a Delaware limited liability company and wholly owned subsidiary of the Issuer ("Second Merger Sub"), Faeth Holdings Therapeutics, Inc. ("HoldCo") and Faeth Therapeutics, LLC, a Delaware limited liability company and wholly owned subsidiary of HoldCo ("Faeth"), First Merger Sub merged with and into HoldCo, with HoldCo surviving the first merger as a wholly owned subsidiary of the Issuer, and immediately following the first merger, HoldCo merged with and into Second Merger Sub, with Second Merger Sub surviving the second merger as a wholly owned subsidiary of the Issuer (such mergers, the "Merger").
- F3. Footnote continued: Upon the closing of the Merger, shares of outstanding common stock of HoldCo were converted into the right to receive shares of the Issuer's Series B Preferred Stock.
- F4. The shares subject to the option vest and become exercisable in 36 equal monthly installments over a three year period such that the option is fully vested on the third anniversary of the date of grant, or June 12, 2029, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date.
Key Figures
Key Terms
Series B Preferred Stock financial
Stock Option (right to buy) financial
Certificate of Designation of Preferences, Rights and Limitations regulatory
Agreement and Plan of Merger regulatory
vesting financial
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