Context Therapeutics (CNTX) awards 270,000 stock options to Chief Legal Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Levit Alex C. reported acquisition or exercise transactions in this Form 4 filing.
Context Therapeutics Inc. reported that Chief Legal Officer and Corporate Secretary Alex C. Levit received a grant of stock options covering 270,000 shares on February 19, 2026. According to the terms, 25% of the options vest on February 19, 2027, with the remainder vesting in equal monthly installments over the following three years, conditioned on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Levit Alex C.
Role
Chief Legal Officer, Corp. Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 270,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 270,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CNTX report for Alex C. Levit?
Context Therapeutics reported a stock option grant to Alex C. Levit covering 270,000 shares. The options were awarded on February 19, 2026 as part of his compensation, subject to a multi-year vesting schedule tied to continued service with the company.
What is the vesting schedule for Alex C. Levit’s CNTX stock options?
The options vest over four years. Twenty-five percent vest and become exercisable on February 19, 2027, while the remaining 75% vest in equal monthly installments over the next three years, contingent on his continued service with Context Therapeutics.
Is Alex C. Levit’s CNTX stock option transaction a purchase or a grant?
This transaction is a grant of stock options, not an open-market purchase. The Form 4 labels it as a grant, award, or other acquisition, providing potential future rights to buy shares subject to vesting and later exercise.
Does Alex C. Levit directly own the CNTX stock options reported?
Yes. The Form 4 classifies the ownership of these stock options as direct. That means the options are held in his name rather than through an indirect vehicle such as a trust, partnership, or other affiliated entity.