Chiron Real Estate grants CIO 28,626 options
Chiron Real Estate Inc. (XRN) reported that Chief Investment Officer Matthew Fitzsimmons Whitlock received a grant of 28,626 stock options on August 27, 2026.
Rhea-AI Filing Summary
Chiron Real Estate Inc. (XRN) reported that Chief Investment Officer Matthew Fitzsimmons Whitlock received a grant of 28,626 stock options on August 27, 2026. The options have an exercise price of $60.00 per share, vest in three equal annual installments from 2027 to 2029, and expire on August 27, 2036. The grant was made as an employment inducement award outside the company’s 2016 Equity Incentive Plan under NYSE Listing Rule 303A.08, approved by the Compensation Committee of independent directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 28,626 shares
Grant/Award
1 txn
Insider
Whitlock Matthew Fitzsimmons
Role
Chief Investment Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option (Right to buy) F1, F2 | 28,626 | $0.00 | $0.00 |
Holdings After Transaction:
Option (Right to buy) — 28,626 contracts (Direct)
Footnotes (2)
- F1. The options have an exercise price of $60.00 per share and the shares subject to the options become exercisable in three equal annual installments on each of August 27, 2027, August 27, 2028 and August 27, 2029, subject to the Reporting Person's continued service through each applicable vesting date.
- F2. The options were granted outside of the Issuer's 2016 Equity Incentive Plan as an employment inducement award under New York Stock Exchange Listing Rule 303A.08 and as a material inducement to the Reporting Person entering into employment with the Issuer. The awards were approved by the Compensation Committee of the Board of Directors, consisting solely of independent directors, in reliance on the employment inducement exemption under NYSE Listing Rule 303A.08.
Key Figures
Options granted: 28,626 options
Exercise price: $60.00 per share
Expiration date: August 27, 2036
+2 more
5 metrics
Options granted
28,626 options
Grant to Chief Investment Officer on August 27, 2026
Exercise price
$60.00 per share
Exercise price of options granted on August 27, 2026
Expiration date
August 27, 2036
Expiration of the granted stock options
Underlying common shares
28,626 shares
Common stock underlying the granted options
Post-grant option holdings from this award
28,626 options
Total derivative securities following the reported grant
Key Terms
employment inducement award, New York Stock Exchange Listing Rule 303A.08, exercise price, Equity Incentive Plan, +1 more
5 terms
employment inducement award financial
"The options were granted outside of the Issuer's 2016 Equity Incentive Plan as an employment inducement award"
An employment inducement award is a grant of company stock, options, or other equity given to a new hire as a joining bonus to encourage them to work for the company. Like a signing bonus in cash, it ties the employee’s pay to the company’s future value and often vests over time. Investors care because these awards increase outstanding shares and compensation costs, affecting per‑share value and motivating executives to meet performance goals.
New York Stock Exchange Listing Rule 303A.08 regulatory
"as an employment inducement award under New York Stock Exchange Listing Rule 303A.08"
exercise price financial
"The options have an exercise price of $60.00 per share"
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.
Equity Incentive Plan financial
"outside of the Issuer's 2016 Equity Incentive Plan as an employment inducement award"
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.
Compensation Committee financial
"The awards were approved by the Compensation Committee of the Board of Directors"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
FAQ
What did XRN disclose about insider Matthew Fitzsimmons Whitlock in this Form 4?
Chiron Real Estate Inc. disclosed that Chief Investment Officer Matthew Fitzsimmons Whitlock received a grant of 28,626 stock options on August 27, 2026 as an employment inducement award with a $60.00 exercise price per share.
How many options did the CIO receive according to the Chiron Real Estate (XRN) filing?
The Chief Investment Officer received 28,626 options to purchase Chiron Real Estate Inc. common stock. Following this grant, his reported derivative holdings from this award total 28,626 options.
What is the exercise price and term of the options granted by XRN?
The options have an exercise price of $60.00 per share and an expiration date of August 27, 2036, giving the holder the right to buy common stock at that price until that date, subject to vesting.
When do the XRN options granted to the CIO vest?
The options vest in three equal annual installments on August 27, 2027, August 27, 2028, and August 27, 2029, contingent on the reporting person’s continued service through each vesting date.
Were the XRN options granted under the 2016 Equity Incentive Plan?
No. The options were granted outside Chiron Real Estate Inc.’s 2016 Equity Incentive Plan as an employment inducement award under New York Stock Exchange Listing Rule 303A.08, approved by the Compensation Committee of independent directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.