Director Richard Maroun receives 38,040 stock options at Whitehawk (WHWK)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Whitehawk Therapeutics director Richard E. Maroun received a grant of stock options covering 38,040 shares of common stock. The options have an exercise price of $4.16 per share and expire on June 12, 2036. All 38,040 option shares will vest in a single tranche, subject to his continued service, 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 following that date. After this award, he holds 38,040 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maroun Richard E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 38,040 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 38,040 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 38,040 shares
Exercise price: $4.16 per share
Expiration date: June 12, 2036
+1 more
4 metrics
Options granted
38,040 shares
Stock option grant to director Richard E. Maroun
Exercise price
$4.16 per share
Strike price for the 38,040 stock options
Expiration date
June 12, 2036
Option term end for the granted stock options
Post-transaction derivative holdings
38,040 derivative securities
Total stock options held directly after the grant
Key Terms
Stock Option, Equity Incentive Plan, Service Provider, Date of Grant
4 terms
Stock Option financial
"Stock Option (right to buy)"
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.
Equity Incentive Plan financial
"defined in the Issuer's 2021 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Service Provider financial
"Subject to the Reporting Person continuing to be a Service Provider"
Date of Grant financial
""Date of Grant" shall mean June 12, 2026."
FAQ
What did Whitehawk Therapeutics (WHWK) report in this Form 4?
Whitehawk Therapeutics reported that director Richard E. Maroun received a grant of stock options for 38,040 shares. These options give him the right to buy common stock at a fixed price if service-based vesting conditions are met.
How many Whitehawk Therapeutics (WHWK) options were granted to Richard Maroun?
Richard Maroun was granted stock options covering 38,040 shares of Whitehawk Therapeutics common stock. This full amount represents his derivative holdings following the transaction, as reported in the Form 4 insider filing.
What is the exercise price of the Whitehawk Therapeutics (WHWK) options?
The stock options granted to Richard Maroun have an exercise price of $4.16 per share. This means he can purchase Whitehawk Therapeutics common stock at $4.16 once the options vest and are otherwise exercisable.
When do Richard Maroun’s Whitehawk (WHWK) stock options vest?
All 38,040 option shares vest together, subject to continued service, 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 following that date.
Are the Whitehawk Therapeutics (WHWK) options granted to Richard Maroun currently in the money?
The Form 4 states an exercise price of $4.16 per share but does not provide any market price information. It only confirms the grant terms and vesting conditions for the 38,040 stock options awarded.