Xilio Therapeutics (XLO) director receives grant of 5,000 stock options at $7.99
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xilio Therapeutics director Daniel J. Curran received a grant of stock options covering 5,000 shares of common stock. The options have an exercise price of $7.99 per share and bring his total option holdings reported in this filing to 5,000 derivative shares.
The award was granted as of June 11, 2026 and will vest as to 100% of the underlying shares on the earlier of June 11, 2027 or the company’s next annual meeting of stockholders following the grant date, provided he continues to serve the company through the vesting date. This is a compensation-related grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Curran Daniel J.
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
Options granted: 5,000 shares
Exercise price: $7.99 per share
Total options after grant: 5,000 shares
+2 more
5 metrics
Options granted
5,000 shares
Stock Option (right to buy) grant on June 11, 2026
Exercise price
$7.99 per share
Conversion or exercise price for granted options
Total options after grant
5,000 shares
Total derivative shares following transaction
Option expiration
June 10, 2036
Expiration date of stock option grant
Vesting condition
100% by earlier of June 11, 2027 or next annual meeting
Subject to continued service through vesting date
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
"The option was granted on June 11, 2026 and will vest as to 100% of the shares"
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 did Xilio Therapeutics (XLO) director Daniel Curran report in this Form 4?
Director Daniel J. Curran reported a grant of stock options for 5,000 shares of Xilio Therapeutics common stock at an exercise price of $7.99 per share, reflecting a compensation-related equity award.
How many Xilio Therapeutics (XLO) options were granted to Daniel Curran?
Daniel J. Curran received stock options covering 5,000 shares of Xilio Therapeutics common stock. Following this grant, his reported derivative holdings in this filing total 5,000 option shares tied to this award.
What is the exercise price of Daniel Curran’s Xilio Therapeutics (XLO) stock options?
The granted stock options have an exercise price of $7.99 per share. This is the price at which Curran may purchase Xilio Therapeutics common shares once the options vest and are exercisable.
When do Daniel Curran’s Xilio Therapeutics (XLO) options vest?
The options will vest as to 100% of the underlying 5,000 shares on the earlier of June 11, 2027 or Xilio Therapeutics’ next annual stockholders’ meeting after the grant, assuming his continued service through vesting.
Is Daniel Curran’s Xilio Therapeutics (XLO) Form 4 an open-market trade?
No. The Form 4 reflects a grant/award acquisition of stock options as compensation, not an open-market purchase or sale. The transaction code is “A,” indicating a grant or award by the issuer.