Editas Medicine (EDIT) CEO awarded 1.02M stock options vesting over 4 years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Editas Medicine, Inc. reported that CEO O'Neill Gilmore Neil received a grant of stock options covering 1,015,200 shares of common stock at an exercise price of $2.54 per share. The options were granted as compensation and have no purchase price at grant.
The award is scheduled to vest over four years in equal monthly installments, beginning on April 12, 2026 and continuing through March 12, 2030, aligning the CEO’s long-term incentives with company performance over that period.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
O'Neill Gilmore Neil
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 1,015,200 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 1,015,200 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Editas Medicine (EDIT) report for its CEO?
Editas Medicine reported a stock option grant to CEO O'Neill Gilmore Neil for 1,015,200 shares. The options carry a $2.54 exercise price and vest monthly over four years, tying his compensation to Editas Medicine’s long-term stock performance.
How many stock options did the Editas Medicine (EDIT) CEO receive and at what price?
The CEO received stock options for 1,015,200 shares of Editas Medicine common stock at a $2.54 exercise price. The options were granted at no cost and can be exercised at this price once vested over the scheduled four-year period.
What is the vesting schedule for the Editas Medicine (EDIT) CEO’s new stock options?
The stock options granted to the Editas Medicine CEO vest in equal monthly installments over four years. Vesting begins on April 12, 2026 and continues through March 12, 2030, gradually increasing his exercisable ownership stake over time.
Does the Editas Medicine (EDIT) Form 4 indicate an open-market stock purchase or sale by the CEO?
The Form 4 shows a compensation-related stock option grant, not an open-market purchase or sale. The CEO acquired a right to buy 1,015,200 shares at $2.54 per share, subject to monthly vesting from April 2026 through March 2030.
How does this Editas Medicine (EDIT) option grant affect the CEO’s reported holdings?
Following the grant, the CEO’s reported derivative holdings include 1,015,200 stock options tied to Editas Medicine common shares. These options vest monthly over four years, potentially increasing his future equity stake as they become exercisable and are retained.