Achieve Life (ACHV) grants Chief Commercial Officer 180,000 stock options at $4.36
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Achieve Life Sciences, Inc. granted Chief Commercial Officer Jaime Xinos a stock option for 180,000 shares of common stock on January 28, 2026. The option has an exercise price of $4.36 per share.
One quarter of the award will vest on the first anniversary of January 28, 2026, with the remaining shares vesting in substantially equal monthly installments over the following 36 months, contingent on continued service. After the grant, Xinos beneficially owned 180,000 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Xinos Jaime
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 180,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 180,000 shares (Direct)
Footnotes (1)
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FAQ
What did Achieve Life Sciences (ACHV) grant to Chief Commercial Officer Jaime Xinos?
Achieve Life Sciences granted Chief Commercial Officer Jaime Xinos a stock option covering 180,000 shares of common stock at a $4.36 exercise price. This award gives the right to buy shares in the future if the vesting and service conditions are met.
What is the vesting schedule for Jaime Xinos’s 180,000 ACHV stock options?
The option vests 25% on the first anniversary of January 28, 2026, with the remaining shares vesting in substantially equal monthly installments over 36 months. Vesting is conditioned on Xinos continuing to provide services on each vesting date.
At what price can Jaime Xinos exercise the new Achieve Life Sciences stock options?
The stock option granted to Jaime Xinos has an exercise price of $4.36 per share of Achieve Life Sciences common stock. This is the price Xinos must pay per share to exercise the option once the relevant portion has vested.
How many derivative securities does Jaime Xinos own after this ACHV option grant?
Following the reported transaction, Jaime Xinos beneficially owns 180,000 derivative securities in the form of stock options. These options represent rights to acquire Achieve Life Sciences common stock, subject to the specified vesting schedule and continued service conditions.
Is Jaime Xinos’s ownership in Achieve Life Sciences direct or indirect after this option grant?
The filing states that Jaime Xinos’s beneficial ownership of the 180,000 stock options is direct. There is no indication in the disclosure or footnotes that the options are held through a trust, LLC, or other indirect ownership structure.
What role does Jaime Xinos hold at Achieve Life Sciences (ACHV) in this Form 4 filing?
In this Form 4, Jaime Xinos is identified as an officer of Achieve Life Sciences, serving as Chief Commercial Officer. The reported stock option grant is compensation tied to this executive role and is subject to ongoing service with the company.