Director at Alpha Cognition (ACOG) receives option and RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alpha Cognition Inc. director Bethany Sensenig reported equity awards consisting of stock options and restricted stock units as compensation. She received 6,991 Common Share Options at an exercise price of $6.65 per share, expiring on April 16, 2036, which will vest one year from the grant date. She also received 5,489 Common Shares in the form of restricted stock units that vest one year from the grant date. After these awards, her reported holdings are 6,991 options and 5,489 common shares held directly, and there were no open-market purchases or sales in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sensenig Bethany
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Share Options | 6,991 | $0.00 | -- |
| Grant/Award | Common Shares | 5,489 | $0.00 | -- |
Holdings After Transaction:
Common Share Options — 6,991 shares (Direct);
Common Shares — 5,489 shares (Direct)
Footnotes (1)
- Restricted Stock Units that vest one year from date of grant. The options will vest one year from date of grant.
Key Figures
Stock options granted: 6,991 options
Option exercise price: $6.65 per share
Option expiration: April 16, 2036
+3 more
6 metrics
Stock options granted
6,991 options
Common Share Options granted April 16, 2026
Option exercise price
$6.65 per share
Exercise price for 6,991 Common Share Options
Option expiration
April 16, 2036
Expiration date of Common Share Options
Restricted stock units granted
5,489 shares
Common Shares granted as RSUs on April 16, 2026
Post-grant option holdings
6,991 options
Total Common Share Options following transaction
Post-grant share holdings
5,489 shares
Total Common Shares following transaction
Key Terms
Restricted Stock Units, Common Share Options, grant/award acquisition, exercise price, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units that vest one year from date of grant."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant/award acquisition financial
"transaction_action: grant/award acquisition for both option and share awards."
exercise price financial
"conversion_or_exercise_price: 6.6500 per share for the options."
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.
expiration date financial
"expiration_date: 2036-04-16T00:00:00.000Z for the Common Share Options."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What equity awards did Alpha Cognition (ACOG) director Bethany Sensenig receive?
Bethany Sensenig received stock options and restricted stock units as compensation. She was granted 6,991 Common Share Options and 5,489 Common Shares as restricted stock units, all reported as acquisitions, not open-market purchases or sales, on April 16, 2026.
What are the terms of the stock options granted to the Alpha Cognition (ACOG) director?
The director received 6,991 Common Share Options with a $6.65 exercise price per share. These options vest one year from the grant date and expire on April 16, 2036, providing long-dated potential equity exposure if exercised after vesting.
How do the restricted stock units for Alpha Cognition (ACOG) vest?
The director’s 5,489 Common Shares were granted as restricted stock units. According to the disclosure, these restricted stock units vest one year from the date of grant, aligning the award with at least a one-year service period before shares fully vest.
What are the director’s Alpha Cognition (ACOG) holdings after these grants?
After the reported transactions, the director holds 6,991 Common Share Options and 5,489 Common Shares directly. These figures represent the position immediately following the grants, combining both derivative and non-derivative equity interests in the company.
Are the Alpha Cognition (ACOG) equity grants to the director considered routine compensation?
The filing describes the transactions as grant or award acquisitions with zero transaction price per share. The vesting terms and award structure indicate these are standard compensation-related equity grants, rather than unusual or discretionary market trades by the director.