Coherus Oncology (NASDAQ: CHRS) CEO receives 375K RSUs and 750K stock options
Rhea-AI Filing Summary
Coherus Oncology President & CEO Dennis M. Lanfear reported new equity awards. On January 23, 2026, he received 375,000 restricted stock units of Coherus Oncology common stock at a price of $0. Each RSU converts into one share, with 50% scheduled to vest on May 20, 2027 and 50% on March 20, 2029, subject to his continued service.
He was also granted a stock option for 750,000 shares of common stock at an exercise price of $2.06 per share, expiring January 23, 2036. The option vests as to one-fourth of the shares on the one-year anniversary of January 23, 2026, and the remainder in equal monthly installments thereafter, contingent on continued service. Following these grants, he holds 1,048,235 shares directly, plus indirect holdings of 432,684 shares through a revocable trust and 86,965 shares through an LLC.
Positive
- None.
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- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 750,000 | $0.00 | -- |
| Grant/Award | Common Stock | 375,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. 50% of the RSUs vest on May 20, 2027 and 50% of the RSUs vest on March 20, 2029, subject to Reporting Person's continued service relationship with the Issuer on each such vesting date. These shares are held by the Lanfear Revocable Trust, dated January 27, 2004, as restated, of which Reporting Person is a trustee. These shares are held by Lanfear Capital Advisors, LLC of which Reporting Person is President. The underlying shares subject to the option vest and become exercisable as to 1/4th of the total number of shares on the one year anniversary of January 23, 2026 and 1/48th of the total number of shares in successive, equal monthly installments thereafter, subject to Reporting Person's continued service relationship with the Issuer on each such vesting date.
FAQ
What equity awards did Coherus Oncology (CHRS) CEO Dennis Lanfear receive?
Dennis M. Lanfear received 375,000 restricted stock units (RSUs) of Coherus Oncology common stock at a price of $0 and a stock option for 750,000 shares with an exercise price of $2.06 per share, both dated January 23, 2026.
How do Dennis Lanfears 375,000 Coherus (CHRS) RSUs vest?
The 375,000 RSUs vest in two tranches: 50% on May 20, 2027 and 50% on March 20, 2029, subject to his continued service relationship with Coherus Oncology on each vesting date.
What are the terms of Dennis Lanfears 750,000 Coherus (CHRS) stock options?
The 750,000 stock options have an exercise price of $2.06 per share and expire on January 23, 2036. One-fourth of the underlying shares vest on the one-year anniversary of January 23, 2026, and the remainder vest in equal monthly installments thereafter, conditioned on continued service.
How are Dennis Lanfears indirect Coherus (CHRS) holdings structured?
Indirect holdings consist of 432,684 shares held by the Lanfear Revocable Trust, where he is a trustee, and 86,965 shares held by Lanfear Capital Advisors, LLC, where he is President.
What is Dennis Lanfears role at Coherus Oncology (CHRS) according to this filing?
The filing identifies Dennis M. Lanfear as a Director and Officer of Coherus Oncology, serving as President & CEO.