[Form 4] Turn Therapeutics Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Turn Therapeutics Inc. director Arthur F. Golden received a grant of stock options for 89,584 shares of common stock. The options have an exercise price of $5.75 per share and expire on June 4, 2036. They vest in twelve equal monthly installments beginning on June 30, 2026, contingent on continued employment and the terms of the company’s 2025 Omnibus Incentive Plan. Following this award, Golden holds 89,584 option-based rights directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GOLDEN ARTHUR F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option (right to buy) | 89,584 | $0.00 | -- |
Holdings After Transaction:
Stock option (right to buy) — 89,584 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 89,584 options
Exercise price: $5.75 per share
Expiration date: June 4, 2036
+2 more
5 metrics
Options granted
89,584 options
Stock option grant to director Arthur F. Golden
Exercise price
$5.75 per share
Strike price of newly granted options
Expiration date
June 4, 2036
Option term end for this grant
Total options after grant
89,584 options
Holdings following reported transaction
Vesting schedule
12 equal monthly installments
Vesting starts June 30, 2026
Key Terms
Stock option (right to buy), exercise price, vest in twelve (12) equal monthly installments, Omnibus Incentive Plan
4 terms
Stock option (right to buy) financial
"security_title: "Stock option (right to buy)""
exercise price financial
"conversion_or_exercise_price: "5.7500""
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.
vest in twelve (12) equal monthly installments financial
"The option will vest in twelve (12) equal monthly installments"
Omnibus Incentive Plan financial
"Issuer's 2025 Omnibus Incentive Plan"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
FAQ
What insider transaction did Turn Therapeutics (TTRX) report for Arthur F. Golden?
Turn Therapeutics reported that director Arthur F. Golden received a grant of stock options for 89,584 shares. These options give him the right to buy common stock at a fixed price if vesting and other conditions are met.
What is the exercise price of Arthur F. Golden’s new Turn Therapeutics (TTRX) stock options?
The new stock options granted to Arthur F. Golden have an exercise price of $5.75 per share. This is the price he must pay to convert each option into one share of Turn Therapeutics common stock after vesting.
How do Arthur F. Golden’s Turn Therapeutics (TTRX) options vest?
Arthur F. Golden’s options vest in twelve equal monthly installments starting on June 30, 2026. Vesting is subject to his continued employment and the specific terms and conditions of the applicable option award and the 2025 Omnibus Incentive Plan.
When do Arthur F. Golden’s Turn Therapeutics (TTRX) stock options expire?
The granted stock options expire on June 4, 2036. After this expiration date, any unexercised options become worthless, so Golden must exercise vested options before this deadline if he chooses to acquire common shares.
How many Turn Therapeutics (TTRX) options does Arthur F. Golden hold after this grant?
Following this grant, Arthur F. Golden holds 89,584 stock options directly. Each option represents the right to purchase one share of Turn Therapeutics common stock at the specified exercise price, subject to vesting and plan conditions.