Xeris Biopharma officer exercises stock options
Xeris Biopharma Holdings reported that officer Steven Pieper exercised stock options and acquired common shares.
Rhea-AI Filing Summary
Xeris Biopharma Holdings reported that officer Steven Pieper exercised stock options and acquired common shares. On March 5, 2026, he converted options into 27,891 common shares at $4.09 per share and 14,036 common shares at $5.93 per share through derivative exercises.
These options were originally granted on January 31, 2018 and December 10, 2020 under company stock option plans with vesting tied to continued employment. Following the transactions, he directly owned up to 1,408,940 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 27,891 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) | 14,036 | $0.00 | $0.00 |
| Exercise | Common Stock | 27,891 | $4.09 | $114K |
| Exercise | Common Stock | 14,036 | $5.93 | $83K |
Footnotes (2)
- F1. The reporting person received the stock options on December 10, 2020 pursuant to an award under the Company's 2018 Stock Option/Stock Issuance Plan. 50% of the options vested on the first anniversary of the vesting commencement date, and the remaining 50% of options vested on the second anniversary of the vesting commencement date, in each case subject to continued employment through such vesting date.
- F2. The reporting person received the stock options on January 31, 2018 pursuant to an award under the Company's 2011 Stock Option/Stock Issuance Plan. 25% of the options vested on the first anniversary of the vesting commencement date, and the remaining 75% of options vested in equal monthly installments over the following three (3) years, in each case subject to continued employment through such vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Xeris Biopharma (XERS) report for Steven Pieper?
What stock option grants underlie Steven Pieper’s Xeris Biopharma (XERS) Form 4?
Were Steven Pieper’s Xeris Biopharma (XERS) transactions open-market buys or option exercises?
AI-generated analysis. How Rhea-AI works. Not financial advice.