BBOT (BBOT) Chief Scientific Officer receives new stock options and RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BridgeBio Oncology Therapeutics, Inc. Chief Scientific Officer Pedro Beltran received new equity awards as part of his compensation. He was granted an option for 210,000 shares of common stock at an exercise price of 10.19 per share, vesting in substantially equal monthly installments from January 1, 2026.
He also received 46,670 restricted stock units, each representing one share of common stock. These RSUs vest in 16 equal quarterly installments over four years from January 1, 2026, and are settled in shares upon vesting, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Beltran Pedro
Role
Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 210,000 | $0.00 | -- |
| Grant/Award | Common Stock | 46,670 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 210,000 shares (Direct);
Common Stock — 46,670 shares (Direct)
Footnotes (1)
- Represents a grant of restricted stock units ("RSUs"), each representing a contingent right to receive one share of the Issuer's Common Stock. The RSUs vest in 16 equal quarterly installments over a period of four years from January 1, 2026, subject to the Reporting Person's continuous service to the Issuer on each such date. The RSUs will be settled in shares of Common Stock upon vesting. 1/48th of the shares subject to such option vest and become exercisable in substantially equal monthly installments on each monthly anniversary of January 1, 2026, subject to the Reporting Person's continuous service to the Issuer on each such date.
FAQ
What equity awards did BBOT Chief Scientific Officer Pedro Beltran receive?
Pedro Beltran received two equity awards: an option for 210,000 shares of common stock and 46,670 restricted stock units. Both awards are compensation grants that vest over time starting from January 1, 2026, contingent on his continued service with BridgeBio Oncology Therapeutics.
How do Pedro Beltran’s new stock options at BBOT vest over time?
The 210,000-share stock option vests in substantially equal monthly installments, with 1/48th of the shares vesting on each monthly anniversary of January 1, 2026. This four-year vesting schedule aligns Beltran’s long-term incentives with the company’s performance while he remains in continuous service.
What are the terms of Pedro Beltran’s restricted stock units in BBOT?
Beltran’s 46,670 restricted stock units each represent a contingent right to receive one share of common stock. They vest in 16 equal quarterly installments over four years from January 1, 2026, and are settled in shares upon vesting, provided he maintains continuous service with the company.
Are Pedro Beltran’s BBOT equity grants open-market purchases or compensation awards?
These are compensation-related awards, not open-market purchases. The Form 4 classifies both the stock option and restricted stock units under a grant or award acquisition code, with a transaction price per share of zero, indicating they were granted by the company as part of his compensation package.
What is the exercise price and expiration date of Pedro Beltran’s BBOT stock option?
The stock option has an exercise price of 10.19 per share and an expiration date of March 9, 2036. Beltran can exercise vested portions of this option before expiration, subject to the company’s equity plan terms and his continued employment conditions outlined in the award agreement.