Zentalis Pharmaceuticals (ZNTL) CMO receives 365,000 stock options grant
Rhea-AI Filing Summary
Zentalis Pharmaceuticals, Inc. reported that its Chief Medical Officer, Ingmar Bruns, received a grant of stock options on 01/08/2026. The award covers 365,000 stock options with an exercise price of $2.84 per share and an expiration date of 01/07/2036. Each option is exercisable for one share of common stock, giving potential access to 365,000 shares if exercised in the future.
According to the filing, the options were granted at a price of $0 for the derivative security itself and are held directly by the reporting person. The options will vest over four years in substantially equal monthly installments, as long as Bruns continues to serve with the company, so ownership rights build gradually rather than all at once.
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FAQ
What insider transaction did Zentalis Pharmaceuticals (ZNTL) report for Ingmar Bruns?
The company reported that Chief Medical Officer Ingmar Bruns was granted 365,000 stock options on 01/08/2026, each option representing the right to buy one share of common stock.
What is the exercise price and term of the new ZNTL stock options granted to Ingmar Bruns?
The stock options granted to Ingmar Bruns have an exercise price of $2.84 per share and an expiration date of 01/07/2036, giving a long-term window to exercise.
How do the Zentalis options granted to Ingmar Bruns vest over time?
The options will vest over four years in substantially equal monthly installments, provided that Ingmar Bruns continues service with Zentalis Pharmaceuticals during that period.
How many derivative securities does Ingmar Bruns hold after this Form 4 transaction?
Following the reported grant, Ingmar Bruns beneficially owns 365,000 stock options, as shown in the Form 4 under derivative securities beneficially owned.
Did Ingmar Bruns pay anything for the Zentalis stock options themselves?
The Form 4 states that the price of the derivative security is $0, meaning the options were granted without cash payment for the options, though shares would require payment of the $2.84 exercise price if exercised.
Is Ingmar Bruns 027 ownership in Zentalis common stock direct or indirect for this option grant?
The filing indicates a direct ownership form, with the 365,000 stock options held directly by Ingmar Bruns rather than through another entity.