Tonix Pharmaceuticals (NASDAQ: TNXP) director receives 22,700-share stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tonix Pharmaceuticals Holding Corp. director Margaret Smith Bell received a grant of stock options as part of equity compensation. She was awarded options covering 22,700 shares of common stock at an exercise price of $13.28 per share. The options were granted under the company’s 2026 Stock Incentive Plan and will vest on the earlier of the one-year anniversary of the grant date or the company’s 2027 Annual Meeting of Stockholders. Following this award, she holds derivative rights to 22,700 shares through these options, which expire in 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bell Margaret Smith
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 22,700 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 22,700 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 22,700 shares
Exercise price: $13.28 per share
Post-grant derivative holdings: 22,700 options
+1 more
4 metrics
Option grant size
22,700 shares
Stock options on common stock granted to director
Exercise price
$13.28 per share
Conversion or exercise price of stock options
Post-grant derivative holdings
22,700 options
Total options held following this transaction
Option expiration date
May 12, 2036
Expiration of granted stock options
Key Terms
Stock Option, 2026 Stock Incentive Plan, Annual Meeting of Stockholders, exercise price
4 terms
Stock Option financial
"security_title: Stock Option"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
2026 Stock Incentive Plan financial
"The option was granted pursuant to the Issuer's 2026 Stock Incentive Plan"
Annual Meeting of Stockholders financial
"vests on the earlier of the one year anniversary of the grant date and the Issuer's 2027 Annual Meeting of Stockholders"
exercise price financial
"conversion_or_exercise_price: 13.2800"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What insider transaction did Tonix Pharmaceuticals (TNXP) report for Margaret Smith Bell?
Tonix Pharmaceuticals reported a stock option grant to director Margaret Smith Bell. She received options on 22,700 shares of common stock as equity compensation, with specific vesting terms tied to time and the 2027 Annual Meeting of Stockholders.
What is the exercise price of the Tonix Pharmaceuticals (TNXP) options granted?
The options have an exercise price of $13.28 per share. This means the director can buy Tonix common stock at $13.28 per share upon vesting and exercise, regardless of the market price at that time.
When do the newly granted Tonix Pharmaceuticals (TNXP) options vest?
The options vest on the earlier of two events. They vest on the one-year anniversary of the grant date or on the date of Tonix’s 2027 Annual Meeting of Stockholders, whichever occurs first, according to the grant footnote.
When do Margaret Smith Bell’s Tonix Pharmaceuticals (TNXP) options expire?
The granted stock options expire on May 12, 2036. After that expiration date, the director can no longer exercise these options to purchase Tonix common shares, even if they were previously vested and unexercised.
Under which plan were the Tonix Pharmaceuticals (TNXP) options granted?
The options were granted under Tonix’s 2026 Stock Incentive Plan. This plan governs equity awards such as stock options for eligible participants, including directors, and sets the terms for vesting, exercise, and expiration.