Sensei Biotherapeutics (SNSE) president awarded 220,000 stock options at $29.89
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sensei Biotherapeutics, Inc. reported that its President & PEO, Gerry Christopher, received a grant of stock options covering 220,000 shares of common stock. The options have an exercise price of $29.89 per share and were approved under the company’s 2026 Equity Incentive Plan after stockholder approval.
According to the vesting terms, 25% of the option vests and becomes exercisable on April 10, 2027, with the remaining shares vesting in 36 equal monthly installments so that the award is fully vested by April 10, 2030, contingent on his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gerry Christopher
Role
President & PEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 220,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 220,000 shares (Direct, null)
Footnotes (1)
- The stock option grant was approved by the Issuer's Board of Directors on April 10, 2026, subject to stockholder approval of the 2026 Equity Incentive Plan, which approval was obtained on June 10, 2026. The exercise price reflects the closing price of the Issuer's common stock on April 10, 2026. 25% of the shares subject to the option vest and become exercisable on April 10, 2027, and the remaining shares vest and become exercisable in 36 equal monthly installments thereafter, such that the option is fully vested on the fourth anniversary of the vesting commencement date, or April 10, 2030, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date.
Key Figures
Stock options granted: 220,000 options
Exercise price: $29.89 per share
Shares underlying options: 220,000 shares
+4 more
7 metrics
Stock options granted
220,000 options
Grant to President & PEO Gerry Christopher
Exercise price
$29.89 per share
Closing price on April 10, 2026
Shares underlying options
220,000 shares
Common stock underlying the option
Initial vesting date
April 10, 2027
25% of options vest
Full vesting date
April 10, 2030
Options fully vested by fourth anniversary
Option expiration
June 9, 2036
Expiration date of the option
Plan approval date
June 10, 2026
Stockholders approved 2026 Equity Incentive Plan
Key Terms
Stock Option (right to buy), 2026 Equity Incentive Plan, exercise price, vesting, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
2026 Equity Incentive Plan financial
"subject to stockholder approval of the 2026 Equity Incentive Plan"
exercise price financial
"The exercise price reflects the closing price of the Issuer's common stock"
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.
vesting financial
"25% of the shares subject to the option vest and become exercisable"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continuous service financial
"subject to the Reporting Person's continuous service with the Issuer"
FAQ
What did Sensei Biotherapeutics (SNSE) disclose in this Form 4?
Sensei Biotherapeutics disclosed that President & PEO Gerry Christopher received a stock option grant for 220,000 shares. The award is part of his compensation and gives him the right to buy common stock at a fixed exercise price if vesting conditions are met.
How many Sensei Biotherapeutics (SNSE) stock options were granted to Gerry Christopher?
Gerry Christopher was granted stock options covering 220,000 shares of Sensei Biotherapeutics common stock. These options represent a right to acquire shares in the future, subject to vesting over time and payment of the specified exercise price per share.
What is the exercise price of the new SNSE stock options?
The stock options granted to Gerry Christopher have an exercise price of $29.89 per share. This price equals the closing price of Sensei Biotherapeutics common stock on April 10, 2026, the date the Board approved the option grant under the 2026 Equity Incentive Plan.
How do the SNSE stock options for Gerry Christopher vest over time?
The options vest with 25% becoming exercisable on April 10, 2027, and the remaining shares vesting in 36 equal monthly installments. The award becomes fully vested by April 10, 2030, provided Gerry Christopher remains in continuous service with Sensei Biotherapeutics.
What role does Gerry Christopher hold at Sensei Biotherapeutics (SNSE)?
Gerry Christopher serves as President & Principal Executive Officer of Sensei Biotherapeutics. The reported Form 4 reflects a stock option grant he received in this executive capacity, aligning his potential future equity ownership with the company’s long-term performance.