Traws Pharma (TRAW) awards CMO 84,000 stock options at $0.68
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Traws Pharma, Inc. granted Chief Medical Officer Robert Redfield a stock option award covering 84,000 shares of common stock. The options have an exercise price of $0.68 per share and expire on 2036-07-09. The award was granted at a transaction price of $0.00 per option under the company’s 2021 Incentive Compensation Plan, as amended. According to the award terms, the options will vest 100% on the first anniversary of the 2026-07-09 grant date. Following this grant, Redfield directly holds options for 84,000 underlying shares.
Positive
- None.
Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Redfield Robert
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 84,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 84,000 shares (Direct)
Footnotes (1)
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Key Figures
Options Granted: 84,000 options
Exercise Price: $0.68 per share
Expiration Date: 2036-07-09
+3 more
6 metrics
Options Granted
84,000 options
Stock option award to Chief Medical Officer on 2026-07-09
Exercise Price
$0.68 per share
Exercise price of stock options underlying 84,000 shares
Expiration Date
2036-07-09
Expiration of the granted stock options
Vesting Schedule
100% after 1 year
Options vest 100% on first anniversary of 2026-07-09 grant date
Post-Grant Holdings
84,000 options
Total stock options held by Robert Redfield following this grant
Transaction Price
$0.00 per option
Reported transaction price per option for the grant
Key Terms
Stock Option, 2021 Incentive Compensation Plan, exercise price, vesting
4 terms
Stock Option financial
"Represents stock options awarded by the Issuer's compensation committee"
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.
2021 Incentive Compensation Plan financial
"under the Issuer's 2021 Incentive Compensation Plan, as amended"
exercise price financial
"conversion_or_exercise_price: "0.6800" for the stock option grant"
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.
vesting financial
"The stock options under this award will vest 100% on the first anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What equity award did Traws Pharma (TRAW) grant to its Chief Medical Officer?
Traws Pharma granted Chief Medical Officer Robert Redfield 84,000 stock options. These options have an exercise price of $0.68 per share, expire on 2036-07-09, and were issued under the company’s 2021 Incentive Compensation Plan.
When do Robert Redfield’s new TRAW stock options vest?
Robert Redfield’s 84,000 TRAW stock options will vest 100% on the first anniversary of the grant date. The grant date is 2026-07-09, so full vesting occurs one year after that date, based on the award’s stated terms.
What is the exercise price of the new TRAW options granted to the CMO?
The stock options granted to the TRAW Chief Medical Officer carry an exercise price of $0.68 per share. Each option is exercisable for one share of Traws Pharma common stock at this price until their stated expiration in 2036.
Under which plan were the new TRAW stock options to the CMO granted?
The 84,000 TRAW stock options were granted under Traws Pharma’s 2021 Incentive Compensation Plan, as amended and/or restated. The award was approved by the company’s compensation committee of independent directors, according to the filing footnote.