Spyre Therapeutics (SYRE) CEO awarded 528,000 stock options over four years
Rhea-AI Filing Summary
Spyre Therapeutics, Inc. reported that its Chief Executive Officer and director, Turtle Cameron, received a grant of stock options on 01/09/2026. The award covers 528,000 stock options, each representing the right to purchase one share of Spyre Therapeutics common stock at an exercise price of $30.61 per share, with an expiration date of 01/09/2036.
According to the filing, these options will vest in equal monthly installments over four years, and each vesting date is conditioned on Cameron’s continued employment with the company. Following this grant, Cameron beneficially owns 528,000 derivative securities directly in the form of these stock options.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 528,000 | $0.00 | -- |
Footnotes (1)
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FAQ
What insider transaction did Spyre Therapeutics (SYRE) report in this Form 4?
The filing reports that Chief Executive Officer and director Turtle Cameron received a grant of 528,000 stock options to buy Spyre Therapeutics common shares.
What is the exercise price and term of the Spyre Therapeutics CEO stock options?
The stock options granted to Turtle Cameron carry an exercise price of $30.61 per share and have an expiration date of 01/09/2036.
How do the 528,000 Spyre Therapeutics CEO stock options vest?
The 528,000 stock options will vest in equal monthly installments over four years, with each installment requiring Cameron’s continued employment on the applicable vesting date.
How many derivative securities does the Spyre Therapeutics CEO own after this transaction?
After the reported grant, Turtle Cameron beneficially owns 528,000 derivative securities, all in the form of these stock options, held directly.
Is the reported Spyre Therapeutics insider transaction a purchase or a grant?
The transaction is reported with code A, indicating an award or grant of stock options to the Chief Executive Officer, rather than an open-market purchase or sale.
What roles does Turtle Cameron hold at Spyre Therapeutics (SYRE)?
Turtle Cameron is identified as both a Director and an Officer, serving as the company’s Chief Executive Officer.