Sutro Biopharma director granted 10,000 stock options
Sutro Biopharma director Jagpal Sukhi received a new stock option grant for 10,000 shares of common stock.
Rhea-AI Filing Summary
Sutro Biopharma director Jagpal Sukhi received a new stock option grant for 10,000 shares of common stock. The option has an exercise price of $26.09 per share and expires on June 5, 2036. This is a compensation-related award rather than an open-market trade.
The option vests over time, with 8.33% of the total award vesting monthly, starting on July 5, 2026. The grant will be fully vested and exercisable on the earlier of the company’s 2027 annual stockholders meeting or June 5, 2027, assuming continued service. After this grant, Sukhi holds options to acquire 10,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 10,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The option shall vest, subject to the reporting person's provision of service to the issuer on each vesting date, as to 8.33% of the total award monthly, with the first tranche vesting on July 5, 2026, and the award shall be fully vested and exercisable on the earlier of (i) the date of the issuer's 2027 annual stockholders meeting or (ii) June 5, 2027.
Key Figures
Key Terms
Stock Option (right to buy) financial
exercise price financial
vesting date financial
annual stockholders meeting regulatory
Form 4 regulatory
FAQ
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What did Sutro Biopharma (STRO) director Jagpal Sukhi report on this Form 4?
What are the key terms of Jagpal Sukhi’s stock option grant at Sutro Biopharma (STRO)?
Is Jagpal Sukhi’s Form 4 for STRO an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.