TELA Bio (NASDAQ: TELA) CMO details stock and option holdings
Rhea-AI Filing Summary
TELA Bio, Inc. Chief Medical Officer Howard N. Langstein filed an initial statement of holdings. He directly holds 71,347 shares of common stock and a stock option covering 72,750 shares at an exercise price of $0.7830 per share, expiring on February 18, 2036. The option vests 25% on February 18, 2027, with the remaining 75% vesting in equal monthly installments over the following 36 months, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Langstein Howard N.
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 72,750 shares (Direct);
Common Stock — 71,347 shares (Direct)
Footnotes (1)
- F1. The option vests 25% on February 18, 2027, with the remaining 75% vesting in equal monthly installments on the last day of each of the 36 calendar months immediately following such date, subject to the Reporting Person's continued service through the applicable vesting dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did TELA Bio (TELA) disclose about Howard N. Langstein’s holdings?
TELA Bio disclosed that Chief Medical Officer Howard N. Langstein filed an initial ownership report. He holds 71,347 shares of common stock and a stock option linked to 72,750 underlying shares, providing potential future equity exposure in the company.
What are the key terms of Howard N. Langstein’s TELA Bio stock option?
Langstein holds a stock option tied to 72,750 shares of TELA Bio common stock at an exercise price of $0.7830 per share. The option expires on February 18, 2036, giving him a long-dated opportunity to acquire additional shares.
How does the TELA Bio (TELA) CMO’s stock option vest?
The option vests 25% on February 18, 2027. The remaining 75% vests in equal monthly installments over the next 36 months, conditioned on Langstein’s continued service through each applicable vesting date.
Does this TELA Bio filing show any insider buying or selling?
The report lists existing holdings and option terms but does not show any buy or sell transactions. It functions as an initial statement of beneficial ownership for the Chief Medical Officer, rather than recording market trades.