Biofrontera (BFRI) director receives grant of 20,000 zero-cost options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Biofrontera Inc. director Kevin Daniel Weber reported receiving an employee stock option grant to acquire 20,000 shares of the company’s stock. The option carries an exercise price of $0.00 per share and represents a new award, bringing his total directly held derivative securities from this grant to 20,000 options.
According to the disclosure, the option vests in twelve equal monthly installments beginning on April 4, 2026, meaning the right to exercise will phase in over one year. The filing notes that other options with different terms are not included in this reported transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weber Kevin Daniel
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee stock option (right to buy) | 20,000 | $0.00 | -- |
Holdings After Transaction:
Employee stock option (right to buy) — 20,000 shares (Direct)
Footnotes (1)
- The option vests in twelve equal monthly installments beginning on April 4, 2026. Options with different terms are not included.
FAQ
What insider transaction did Biofrontera (BFRI) report for Kevin Daniel Weber?
Biofrontera reported that director Kevin Daniel Weber received an employee stock option grant for 20,000 shares at an exercise price of $0.00 per share. This award is reported as a derivative security and increases his directly held options by the same amount.
How many options were granted to the Biofrontera (BFRI) director in this Form 4?
The Form 4 shows a grant of employee stock options covering 20,000 shares of Biofrontera Inc. common stock. These options are recorded as a derivative security, with 20,000 options shown as directly owned following the transaction reported on March 4, 2026.
What is the exercise price of the Biofrontera (BFRI) options granted to Kevin Daniel Weber?
The employee stock options granted to Kevin Daniel Weber have an exercise price of $0.00 per share. This means he does not pay an exercise price to acquire shares upon exercise, subject to the vesting schedule and any other applicable plan or award terms.
When do the newly granted Biofrontera (BFRI) options begin vesting?
The options begin vesting on April 4, 2026. The grant vests in twelve equal monthly installments starting on that date, so portions of the 20,000 options become exercisable each month over approximately one year, as described in the filing footnote.
Over what period do Kevin Daniel Weber’s Biofrontera (BFRI) options vest?
The options vest over a twelve-month period. According to the disclosure, vesting occurs in twelve equal monthly installments beginning on April 4, 2026, resulting in a gradual vesting schedule rather than immediate full exercisability of the 20,000-share option grant.
Does the Biofrontera (BFRI) Form 4 include other options held by Kevin Daniel Weber?
The Form 4 explicitly notes that options with different terms are not included in this report. The transaction focuses on a specific grant of 20,000 employee stock options and does not consolidate or restate any other option awards with different terms.