Tectonic Therapeutic officer exercises 4,500 options
Tectonic Therapeutic, Inc. reported an insider stock option exercise by Chief Business Officer Marc Schwabish.
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Rhea-AI Filing Summary
Tectonic Therapeutic, Inc. reported an insider stock option exercise by Chief Business Officer Marc Schwabish. On February 10, 2026, he exercised an employee stock option for 4,500 shares of common stock at an exercise price of $2.38 per share.
Following this transaction, Schwabish directly owned 25,814 shares of common stock and held 82,014 employee stock options. The option originally vested beginning March 15, 2022, with remaining shares vesting in equal monthly installments over 36 months, subject to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 4,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,500 | $2.38 | $11K |
Footnotes (2)
- F1. The shares subject to the option vest as to 25% of the shares on March 15, 2022 with the remainder vesting in the following 36 equal monthly installments, subject to the Reporting Person's continued service on each such vesting date.
- F2. Received in exchange for a stock option to acquire 170,679 shares of Tectonic common stock pursuant to that certain merger, as more specifically described in the Reporting Person's Form 4 filed with the Securities and Exchange Commission on June 24, 2024. https://www.sec.gov/Archives/edgar/data/1681087/000141588924017972/xslF345X05/form4-06242024_080616.xml
FAQ
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What insider transaction did TECX executive Marc Schwabish report?
What was the exercise price on Marc Schwabish’s TECX stock options?
What type of transaction code appears on Marc Schwabish’s TECX Form 4?
How were Marc Schwabish’s TECX stock options structured to vest over time?
How did Marc Schwabish originally receive the TECX stock option mentioned in this Form 4?
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