Xilio Therapeutics (XLO) director receives grant of 5,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xilio Therapeutics director Robert W. Ross received a stock option grant covering 5,000 shares of common stock. The option has an exercise price of $7.99 per share and expires on June 10, 2036. It will vest in full on the earlier of June 11, 2027 or the company’s next annual stockholder meeting, assuming he remains in service. This is a compensation-related award, not an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROSS ROBERT W.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 5,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 5,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 5,000 shares
Exercise price: $7.99 per share
Expiration date: June 10, 2036
+2 more
5 metrics
Option grant size
5,000 shares
Stock option covering common stock granted to director
Exercise price
$7.99 per share
Strike price for the 5,000-share stock option
Expiration date
June 10, 2036
Final date the option can be exercised
Post-grant option holdings
5,000 options
Total stock options held following this grant
Vesting date trigger
June 11, 2027 or next annual meeting
Earlier date for 100% vesting, subject to continued service
Key Terms
Stock Option (right to buy), exercise price, vesting, annual meeting of stockholders, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
exercise price financial
"conversion_or_exercise_price: "7.9900""
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.
vesting financial
"will vest as to 100% of the shares underlying the option"
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.
annual meeting of stockholders financial
"the Issuer's next annual meeting of stockholders following the grant date"
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did Xilio Therapeutics (XLO) report for Robert W. Ross?
Xilio Therapeutics reported a grant of stock options to director Robert W. Ross for 5,000 shares. The options are compensation, not a market purchase, and give him the right to buy common stock at a fixed exercise price.
What is the exercise price and expiration date of Robert W. Ross’s Xilio (XLO) options?
The stock options granted to Robert W. Ross have an exercise price of $7.99 per share and expire on June 10, 2036. He can choose to exercise them any time after vesting and before this expiration date, subject to plan terms.
When do Robert W. Ross’s Xilio Therapeutics (XLO) stock options vest?
Ross’s stock options will vest 100% on the earlier of June 11, 2027 or Xilio Therapeutics’ next annual meeting of stockholders after the grant date. Vesting is conditioned on his continued service with the company through the applicable vesting date.
Is Robert W. Ross’s Form 4 transaction in Xilio (XLO) a stock purchase or sale?
The Form 4 reflects a grant of stock options, not a direct stock purchase or sale. It is categorized as a grant or award acquisition, meaning he received options as compensation rather than trading shares in the open market.