Genenta Science (GNTA) CMO Galimi discloses ADS stock option holdings on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Genenta Science S.p.A. director and executive officer Francesco Galimi reported his initial holdings as a new insider. The filing shows stock options over 20,000 ADSs at an exercise price of $4.36 per ADS, expiring on June 4, 2035, vesting in equal monthly installments over one year beginning June 4, 2025. It also shows stock options over 27,110 ADSs at an exercise price of $2.57 per ADS, expiring on November 1, 2035, which vested in three equal monthly installments beginning November 1, 2025 and are now fully vested. The filing lists no directly held ordinary shares or ADSs.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Galimi Francesco
Role
CMO & Head of Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | American Depositary Shares ("ADSs") | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 20,000 shares (Direct);
Ordinary Shares — 0 shares (Direct);
American Depositary Shares ("ADSs") — 0 shares (Direct)
Footnotes (1)
- Each American Depositary Share represents one ordinary share, no par value, of the Issuer. The stock options vest in equal monthly installments over one year beginning June 4, 2025. The stock options vested in three equal monthly installments beginning November 1, 2025, and are now fully vested.
FAQ
What does the Form 3 filing for Genenta Science (GNTA) disclose about Francesco Galimi?
The Form 3 shows that Francesco Galimi, CMO & Head of Development and director, reports initial holdings consisting of stock options over ADSs. It lists two option grants with specific exercise prices, vesting schedules, and expirations, but no directly held ordinary shares or ADSs.
How many Genenta Science (GNTA) ADSs are covered by Francesco Galimi’s stock options?
The filing lists options over 20,000 ADSs with a $4.36 exercise price and options over 27,110 ADSs with a $2.57 exercise price. These represent Galimi’s reported derivative holdings tied to American Depositary Shares of Genenta Science.
What are the exercise prices and expirations of Francesco Galimi’s Genenta Science (GNTA) options?
One option grant has an exercise price of $4.36 per ADS and expires on June 4, 2035. The other has an exercise price of $2.57 per ADS and expires on November 1, 2035, reflecting long-dated derivative positions.
What vesting schedules apply to Francesco Galimi’s Genenta Science (GNTA) stock options?
One option grant vests in equal monthly installments over one year beginning June 4, 2025. The second grant vested in three equal monthly installments beginning November 1, 2025 and is now fully vested, according to the footnotes.
How many derivative positions does Francesco Galimi report in Genenta Science (GNTA) on this Form 3?
The filing shows two stock option positions, both described as rights to buy ADSs at fixed exercise prices. Together they cover 20,000 and 27,110 underlying ADSs, providing a defined potential equity exposure if exercised in the future.