Whitehawk director granted 38,040 stock options
Whitehawk Therapeutics director Neil Desai received a new stock option grant.
Rhea-AI Filing Summary
Whitehawk Therapeutics director Neil Desai received a new stock option grant. The Form 4 shows an award of options covering 38,040 shares of common stock at an exercise price of $4.1600 per share, expiring on June 12, 2036.
All 38,040 option shares vest in a single tranche, subject to Mr. Desai continuing as a service provider. Vesting occurs on the earlier of the one-year anniversary of the June 12, 2026 grant date or the day immediately before the next annual stockholder meeting after that grant date.
Positive
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Negative
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Insights
Routine director stock option grant with time-based vesting.
The Form 4 shows director Neil Desai receiving 38,040 stock options for Whitehawk Therapeutics common shares at an exercise price of $4.1600. This is coded as an "A" transaction, indicating a grant or award rather than an open-market trade.
The options vest 100% on the earlier of the one-year anniversary of the June 12, 2026 grant date or the day before the next annual stockholder meeting after that date, assuming continued service. The filing shows 38,040 derivative securities held after the transaction, suggesting a straightforward, time-based equity incentive with no immediate cash outlay or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 38,040 | $0.00 | $0.00 |
Footnotes (1)
- F1. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through such applicable date, one hundred percent (100%) of the shares subject to the option shall vest on the earlier of (i) the one (1) year anniversary of the Date of Grant or (ii) the day immediately prior to the next annual meeting of stockholders following the Date of Grant. "Date of Grant" shall mean June 12, 2026.
Key Figures
Key Terms
Stock Option (right to buy) financial
exercise price financial
Service Provider financial
Equity Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Neil Desai report in his Whitehawk Therapeutics (WHWK) Form 4?
Is the Form 4 transaction for Whitehawk Therapeutics (WHWK) a purchase or a grant?
What are the vesting terms of Neil Desai’s Whitehawk Therapeutics stock options?
What is the exercise price and expiration date of the WHWK options granted to Neil Desai?
How many derivative securities does Neil Desai hold after this Whitehawk Therapeutics grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.