Telomir director resets 25K stock options at $1.30
Telomir Pharmaceuticals director Whalen Matthew Pratt reported an option restructuring.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Telomir Pharmaceuticals director Whalen Matthew Pratt reported an option restructuring. He agreed to cancel 25,000 incentive stock options with a $5.02 exercise price in exchange for 25,000 new options with a lower $1.30 exercise price, expiring on May 21, 2036. Following these transactions, he holds 25,000 incentive stock options that are fully exercisable.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Incentive Stock Options (right to buy) | 25,000 | $0.00 | $0.00 |
| Disposition | Incentive Stock Options (right to buy) | 25,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. The options are fully exercisable.
- F2. The reporting person agreed to cancellation of the option granted to him on 08/27/2024, in exchange for a new option having a lower exercise price.
Key Figures
Key Terms
Incentive Stock Options (right to buy) financial
Disposition to issuer financial
Grant, award, or other acquisition financial
exercise price financial
fully exercisable financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Telomir Pharmaceuticals (TELO) report for Whalen Matthew Pratt?
Did the Telomir (TELO) director increase or decrease his total option holdings?
What are the key terms of the new stock options granted to the Telomir (TELO) director?
What happened to the prior stock option grant for the Telomir (TELO) director?
How does this Form 4 filing affect Telomir (TELO) common stock directly?
AI-generated analysis. How Rhea-AI works. Not financial advice.