Senti Biosciences Grants Board Member 21,950 Options Priced at $2.05
Rhea-AI Filing Summary
Form 4 overview: On 06/25/2025, Senti Biosciences (ticker SNTI) reported granting director Feng Hsiung a stock option for 21,950 common shares at an exercise price of $2.05 per share.
The option, filed on 06/27/2025, vests 100 % on the earlier of (i) the first anniversary of the grant or (ii) the 2026 annual shareholders’ meeting, subject to continued board service. It carries a 10-year term with an expiration date of 06/24/2035.
No open-market purchase or sale of common shares occurred; the transaction is strictly an equity-based compensation award. After the grant, Mr. Hsiung beneficially owns 21,950 derivative securities, and the filing shows no change to his direct or indirect ownership of outstanding common shares. The disclosure does not reference a Rule 10b5-1 trading plan.
Investor take-away: This is a routine director compensation event that modestly aligns board incentives with shareholder value. It creates potential dilution only if exercised and has no immediate impact on cash flow, operations, or the company’s financial outlook. The Form 4 contains no earnings or operational data.
Positive
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Negative
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Insights
TL;DR: Routine director option grant; negligible financial or market impact for SNTI shareholders.
The 21,950-share option award at $2.05 is standard board compensation, representing well under 1 % of SNTI’s outstanding shares. Because it vests over a year and has a 10-year life, any dilution is distant and contingent on share-price appreciation. No insider buying or selling of common stock is disclosed, and there is no Rule 10b5-1 plan involved. From a cash-flow and P&L standpoint, the only effect is non-cash stock-based compensation expense, which is immaterial at this size for a public company. Consequently, the filing is considered informational rather than market-moving.
TL;DR: Grant aligns director incentives but is ordinary-course governance; no red flags detected.
Boards typically refresh equity awards annually to maintain alignment with shareholder interests. The single-tranche vesting tied either to a one-year cliff or the 2026 AGM is typical for small-cap biotech firms and promotes continuity of service. The option price mirrors recent trading ranges, avoiding discounted grants. Signature by attorney-in-fact and prompt filing