Traws Pharma (TRAW) awards 33,435 stock options to director Jack Stover
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Traws Pharma, Inc. reported that director Jack E. Stover received a grant of stock options covering 33,435 shares of common stock. The options have an exercise price of $1.6000 per share and were awarded under the company’s 2021 Incentive Compensation Plan. They will vest 100% on the first anniversary of the March 8, 2026 grant date, giving Stover the right to buy the full amount after one year if he chooses to exercise.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STOVER JACK E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 33,435 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 33,435 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Traws Pharma (TRAW) disclose for Jack E. Stover?
Traws Pharma disclosed that director Jack E. Stover received a grant of stock options for 33,435 shares. These options give him the right to buy common stock at a fixed exercise price once they vest after one year.
How many stock options did Jack E. Stover receive from Traws Pharma (TRAW)?
Jack E. Stover received stock options for 33,435 underlying shares of Traws Pharma common stock. All of these options were granted in a single award and represent his reported derivative holdings following the transaction.
What is the exercise price of Jack E. Stover’s Traws Pharma (TRAW) stock options?
The exercise price of Jack E. Stover’s stock options is $1.6000 per share. This means he can buy Traws Pharma common stock at that price once the options vest, regardless of the market price at that time.
When do Jack E. Stover’s Traws Pharma (TRAW) stock options vest and expire?
Jack E. Stover’s stock options vest 100% on the first anniversary of the grant date, March 8, 2027. They expire on March 8, 2036, giving him nearly nine years after vesting to decide whether to exercise.
Under which plan were the Traws Pharma (TRAW) stock options granted to Jack E. Stover?
The stock options were granted under Traws Pharma’s 2021 Incentive Compensation Plan, as amended and/or restated to the grant date. This plan is overseen by the compensation committee, which is composed of independent directors.
Is Jack E. Stover’s Traws Pharma (TRAW) option grant an open-market purchase?
No, Jack E. Stover’s transaction is a compensation-related grant, not an open-market purchase. The options were awarded by the company’s compensation committee at no purchase price, with value realized only if he later exercises at $1.6000 per share.