CEO Holger Weis takes Alaunos Therapeutics, Inc. (TCRT) stock instead of salary
Rhea-AI Filing Summary
Alaunos Therapeutics, Inc. CEO Holger Weis received a grant of 4,568 shares of common stock on 2026-07-23 at $1.92 per share, issued in lieu of net salary. After this compensation-related acquisition, he directly holds 21,120 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,568 shares
Net Buy
1 txn
Insider
Weis Holger
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 4,568 | $1.92 | $9K |
Holdings After Transaction:
Common Stock — 21,120 shares (Direct)
Footnotes (1)
- F1. Represents shares of common stock issued in lieu of net salary.
Key Figures
Shares granted: 4,568 shares
Grant price: $1.92 per share
Holdings after grant: 21,120 shares
+1 more
4 metrics
Shares granted
4,568 shares
Common stock granted to CEO Holger Weis on 2026-07-23 in lieu of net salary
Grant price
$1.92 per share
Value per share for common stock issued in lieu of net salary
Holdings after grant
21,120 shares
Total direct Alaunos common shares held by CEO Holger Weis after the transaction
Transaction date
2026-07-23
Date of the common stock grant to CEO Holger Weis
Key Terms
in lieu of net salary, Common Stock, Grant, award, or other acquisition
3 terms
in lieu of net salary financial
"Represents shares of common stock issued in lieu of net salary."
Common Stock financial
"Security title reported as Common Stock for this grant."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"Transaction code A is described as Grant, award, or other acquisition."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Alaunos Therapeutics (TCRT) CEO Holger Weis report?
Holger Weis reported receiving 4,568 shares of Alaunos Therapeutics common stock on 2026-07-23 as a grant. The shares were issued in lieu of net salary, meaning they represent stock-based compensation rather than a cash salary payment or open-market share purchase.
Is Holger Weis’s Alaunos (TCRT) stock transaction a market purchase?
No. The filing states the 4,568 shares were "issued in lieu of net salary," indicating a compensation grant rather than an open-market purchase. This means the company issued shares to him instead of paying that portion of salary in cash.
What does "in lieu of net salary" mean in the Alaunos (TCRT) CEO’s filing?
The phrase "in lieu of net salary" means the company issued stock instead of paying that portion of Weis’s salary in cash. He received 4,568 shares of common stock as compensation, converting cash pay into equity rather than making a market trade.