Tectonic Therapeutic grants 10,200 stock options
Tectonic Therapeutic, Inc. reported that director and 10% owner Timothy A. Springer received a grant of stock options covering 10,200 shares of common stock.
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Rhea-AI Filing Summary
Tectonic Therapeutic, Inc. reported that director and 10% owner Timothy A. Springer received a grant of stock options covering 10,200 shares of common stock. The options have an exercise price of $28.56 per share and expire on June 8, 2036.
The award vests in full on the earliest of June 9, 2027, the company’s 2027 annual stockholder meeting, or a defined change in control, provided he continues to serve the company through that date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 10,200 | $0.00 | $0.00 |
Footnotes (1)
- F1. The option shall vest in full on the earliest of (i) June 9, 2027, (ii) the date of the Issuer's 2027 Annual Meeting of Stockholders, or (iii) a "Change in Control" (as defined in the Issuer's 2024 Equity Incentive Plan) of the Issuer, subject in each case, to the Reporting Person providing continuous service to the Issuer on each such date.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
Change in Control financial
2024 Equity Incentive Plan financial
Form 4 regulatory
10% owner financial
FAQ
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What insider transaction did Tectonic Therapeutic (TECX) report for Timothy A. Springer?
How large is Timothy A. Springer’s new stock option award at Tectonic Therapeutic (TECX)?
What is the exercise price and expiration date of the new TECX stock options?
When do Timothy A. Springer’s Tectonic Therapeutic (TECX) options vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.