Cabaletta Bio (CABA) grants 175,000 stock options to Chief Business Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cabaletta Bio, Inc. reported that Chief Business Officer Arun Das received a grant of stock options. The award covers 175,000 options to buy Cabaletta Bio common stock at an exercise price of $0.00 per share, representing a compensatory equity grant rather than a market purchase.
According to the vesting terms, 25% of the shares underlying this option vest and become exercisable on March 1, 2027. The remaining options vest in twelve substantially equal quarterly installments after that date, as long as he continues in service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Das Arun
Role
Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 175,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 175,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Cabaletta Bio (CABA) report for Arun Das?
Cabaletta Bio reported that Chief Business Officer Arun Das received a grant of 175,000 stock options. These options were awarded at an exercise price of $0.00 per share, reflecting an equity compensation grant instead of an open-market purchase of existing shares.
How many Cabaletta Bio (CABA) stock options were granted to Arun Das?
Arun Das was granted 175,000 stock options in Cabaletta Bio. This entire amount is reported as beneficially owned following the grant, subject to a multi-year vesting schedule tied to his continued service with the company in his executive role.
What is the vesting schedule for Arun Das’s Cabaletta Bio (CABA) stock options?
For Arun Das’s option grant, 25% of the underlying shares vest on March 1, 2027. The remaining 75% then vest in twelve substantially equal quarterly installments, provided he remains in service with Cabaletta Bio on each scheduled vesting date through the full vesting period.
Is Arun Das’s Cabaletta Bio (CABA) option grant an open-market stock purchase?
No, the transaction is a compensatory stock option grant, not an open-market purchase. The options were granted at an exercise price of $0.00 per share under his executive compensation, and may be exercised for shares only as they vest over time.
What role does Arun Das hold at Cabaletta Bio (CABA) in connection with this grant?
Arun Das serves as Chief Business Officer at Cabaletta Bio in connection with this option grant. His role as an executive officer explains why he received a sizable equity award with time-based vesting, aligning his potential future ownership with the company’s long-term performance.
When do Arun Das’s Cabaletta Bio (CABA) options start becoming exercisable?
The options for Arun Das begin vesting and becoming exercisable on March 1, 2027, when 25% of the underlying shares vest. After that date, additional portions vest in twelve substantially equal quarterly installments, assuming continued service with Cabaletta Bio throughout the vesting timeline.