CFO at Stoke Therapeutics (NASDAQ: STOK) receives new equity grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leggett Thomas reported acquisition or exercise transactions in this Form 4 filing.
Stoke Therapeutics, Inc. reported that its Chief Financial Officer, Thomas Leggett, received new equity awards. He was granted an option to buy 60,000 shares of common stock at no cost on the grant date, which will vest in monthly installments over four years starting March 15, 2026, contingent on continued service. He also received 40,000 restricted stock units, each representing one share of common stock, vesting in four equal annual installments beginning February 15, 2027, also conditioned on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Leggett Thomas
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 60,000 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 40,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 60,000 shares (Direct);
Restricted Stock Units — 40,000 shares (Direct)
Footnotes (1)
- The option shall vest as to 1/48 of the total award on March 15, 2026, with 1/48 vesting on each monthly anniversary thereafter, subject to the reporting person's continued service to the issuer through each vesting date. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's common stock upon settlement. The RSU award shall vest as to 1/4 of the total award annually with the first tranche vesting on February 15, 2027, subject to the reporting person's continued service to the issuer through each vesting date.
FAQ
What insider transactions did Stoke Therapeutics (STOK) report for its CFO?
Stoke Therapeutics reported that its Chief Financial Officer, Thomas Leggett, received equity awards of stock options and restricted stock units. The grants consist of 60,000 options and 40,000 RSUs, both subject to time-based vesting and his continued service with the company.
How many stock options did the Stoke Therapeutics (STOK) CFO receive?
The Chief Financial Officer received an option to buy 60,000 shares of Stoke Therapeutics common stock. The option vests as to 1/48 of the total award on March 15, 2026, with 1/48 vesting on each monthly anniversary, assuming continued service with the company.
What are the vesting terms of the Stoke Therapeutics (STOK) CFO’s stock options?
The CFO’s 60,000-share stock option vests monthly over four years. Vesting begins with 1/48 of the award on March 15, 2026, then 1/48 on each monthly anniversary, provided he remains in continuous service to Stoke Therapeutics through each vesting date.
What restricted stock unit (RSU) grant did the Stoke Therapeutics (STOK) CFO receive?
The Chief Financial Officer received 40,000 restricted stock units, each representing a contingent right to one share of common stock. The RSUs vest in four equal annual installments, beginning on February 15, 2027, subject to his continued service with Stoke Therapeutics.
When do the Stoke Therapeutics (STOK) CFO’s RSUs start vesting?
The 40,000 restricted stock units granted to the CFO start vesting on February 15, 2027. One quarter of the award vests annually on that date, for four years, as long as he continues to serve the company through each vesting date.