Xilio Therapeutics (XLO) director granted options for 5,000 shares at $7.99
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xilio Therapeutics director Aoife Brennan received a new stock option grant. The award covers 5,000 shares of common stock at an exercise price of $7.99 per share, expiring on June 10, 2036. It vests 100% on June 11, 2027 or at the next annual stockholder meeting, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brennan Aoife
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
Post-transaction derivative holdings: 5,000 options
+2 more
5 metrics
Option grant size
5,000 shares
Stock Option (right to buy) granted June 11, 2026
Exercise price
$7.99 per share
Conversion or exercise price of stock option
Post-transaction derivative holdings
5,000 options
Total derivative securities following transaction
Expiration date
June 10, 2036
Option expiration date
Vesting date trigger
June 11, 2027 or next annual meeting
Earlier of these dates, subject to continued service
Key Terms
Stock Option (right to buy), Grant, award, or other acquisition, exercise price, vesting, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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"
FAQ
What insider transaction did Xilio Therapeutics (XLO) report for Aoife Brennan?
Xilio Therapeutics reported that director Aoife Brennan received a grant of stock options for 5,000 shares of common stock. The options are compensation-related and give her the right to buy shares at a fixed exercise price if they vest.
What is the exercise price and expiration date of Aoife Brennan’s Xilio (XLO) options?
Aoife Brennan’s stock options have an exercise price of $7.99 per share and expire on June 10, 2036. This means she can buy up to 5,000 Xilio common shares at $7.99 any time before that expiration date, once the options vest.
When do Aoife Brennan’s Xilio Therapeutics (XLO) options vest?
The options will vest 100% on the earlier of June 11, 2027 or Xilio’s next annual meeting of stockholders after the June 11, 2026 grant date. Vesting is conditioned on Brennan continuing to serve the company through the applicable vesting date.
Is Aoife Brennan’s Xilio (XLO) Form 4 transaction an open-market stock purchase?
No. The Form 4 shows a compensation-related grant of stock options, coded as a grant, award or other acquisition. The exercise price is $7.99, but no cash market purchase or sale of Xilio common stock is reported in this particular transaction.