Director at TAO Synergies (TAOX) receives 35,000 stock options at $4.80 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAO Synergies Inc. director William S. Singer received a grant of stock options for 35,000 shares of common stock. The options have an exercise price of $4.80 per share and expire on May 18, 2036. All options vest after one year of service following May 18, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Singer William S.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 35,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 35,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 35,000 options
Exercise price: $4.80 per share
Underlying shares: 35,000 shares
+1 more
4 metrics
Option grant size
35,000 options
Stock Option (Right to Buy) granted to director
Exercise price
$4.80 per share
Conversion or exercise price of option grant
Underlying shares
35,000 shares
Common stock underlying the option award
Expiration date
May 18, 2036
Option grant expiration
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, vesting
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 4.8000"
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.
expiration date financial
"expiration_date: 2036-05-18T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vesting financial
"options shall vest and become immediately exercisable upon the holder's completion of one year of service"
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.
FAQ
What insider transaction did TAO Synergies (TAOX) report for William S. Singer?
TAO Synergies reported that director William S. Singer received a grant of stock options for 35,000 shares. These options relate to the company’s common stock and represent a compensation award rather than an open-market purchase or sale of existing shares.
What is the exercise price of William S. Singer’s new TAOX stock options?
The stock options granted to William S. Singer carry an exercise price of $4.80 per share. This means he can buy TAO Synergies common stock at $4.80 when the options are vested and exercisable, subject to the stated vesting and expiration conditions.
When do William S. Singer’s TAO Synergies stock options vest?
All of William S. Singer’s options vest and become exercisable after he completes one year of service following May 18, 2026. Vesting ties the benefit to continued board service, so the options become usable only after that service requirement is satisfied.
When do William S. Singer’s TAO Synergies stock options expire?
The stock options granted to William S. Singer expire on May 18, 2036. After this expiration date, any unexercised options become unusable, so potential value must be realized by exercising before that deadline if the options are in the money.