Tyra Biosciences (TYRA) director granted 13,160 stock options at $32.68
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tyra Biosciences director Susan Moran received a grant of stock options covering 13,160 shares of common stock. The options have an exercise price of $32.68 per share and were granted under the company’s Non-Employee Director Compensation Program as equity compensation.
The options vest over time: 1/12 of the 13,160 shares vest monthly after the May 28, 2026 grant date. If the next annual stockholder meeting occurs before the first anniversary of the grant, any remaining unvested options vest at that meeting, provided she continues serving the company. Following this grant, she holds 13,160 options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moran Susan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 13,160 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 13,160 shares (Direct, null)
Footnotes (1)
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Key Figures
Options granted: 13,160 options
Exercise price: $32.68 per share
Underlying shares: 13,160 shares
+3 more
6 metrics
Options granted
13,160 options
Stock Option (Right to Buy) grant on May 28, 2026
Exercise price
$32.68 per share
Exercise price of options for Tyra common stock
Underlying shares
13,160 shares
Underlying common stock for the option grant
Total options after grant
13,160 options
Total derivative holdings following this transaction
Expiration date
May 27, 2036
Option expiration for this grant
Vesting cadence
1/12 monthly
Monthly vesting installments after May 28, 2026
Key Terms
Stock Option (Right to Buy), Non-Employee Director Compensation Program, vesting, exercise price
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Non-Employee Director Compensation Program financial
"The option was granted pursuant to the Issuer's Non-Employee Director Compensation Program."
vesting financial
"1/12th of the total number of shares of common stock subject to the option vest monthly"
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.
exercise price financial
"conversion_or_exercise_price: 32.6800"
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 did Tyra Biosciences (TYRA) director Susan Moran report on this Form 4?
Susan Moran reported receiving a grant of stock options for 13,160 shares of Tyra Biosciences common stock. These options are compensation under the Non-Employee Director Compensation Program and give her the right to buy shares at a fixed exercise price if they vest and are exercised.
What is the exercise price of Susan Moran’s Tyra Biosciences (TYRA) stock options?
The stock options granted to Susan Moran have an exercise price of $32.68 per share. This is the price she would pay to purchase each share if she exercises the options after they have vested, regardless of the market price at that time.
How do Susan Moran’s Tyra Biosciences (TYRA) stock options vest over time?
The 13,160 stock options vest in monthly installments, with 1/12 of the total vesting each month after the May 28, 2026 grant date. This creates a roughly one-year vesting schedule, rewarding continued board service throughout the vesting period.
What happens to unvested Tyra Biosciences (TYRA) options if the annual meeting is held early?
If Tyra Biosciences holds its next annual stockholder meeting before the first anniversary of the May 28, 2026 grant, any remaining unvested options will fully vest on the meeting date. This accelerated vesting requires Susan Moran’s continuous service through each vesting date.
How many Tyra Biosciences (TYRA) options does Susan Moran hold after this grant?
After this transaction, Susan Moran holds 13,160 stock options directly. All of these options were granted in this award and relate to Tyra Biosciences common stock, subject to the specified vesting schedule and the $32.68 per share exercise price.