Keros Therapeutics (KROS) awards 80,000 stock options to Chief Legal Officer
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Keros Therapeutics reported that Chief Legal Officer Esther Cho received a grant of employee stock options covering 80,000 shares of common stock. The options have an exercise price of $15.52 per share and expire on February 23, 2036. One quarter of the options vest on February 24, 2027, with the remaining shares vesting in twelve substantially equal quarterly installments, contingent on her continued service. This is a compensation-related award rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cho Esther
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 80,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 80,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Keros Therapeutics (KROS) report for Esther Cho?
Keros Therapeutics reported a compensation-related grant to Chief Legal Officer Esther Cho of options on 80,000 common shares. These employee stock options were awarded at no upfront cost, providing the right to buy shares at a fixed exercise price over time, subject to vesting.
What are the key terms of Esther Cho’s stock option grant at Keros Therapeutics (KROS)?
The grant covers 80,000 options with an exercise price of $15.52 per share and an expiration date of February 23, 2036. It is structured as an employee stock option, giving her the right, but not obligation, to purchase common shares in the future.
How do Esther Cho’s Keros Therapeutics (KROS) options vest over time?
One-fourth of the 80,000 options vest on February 24, 2027. The remaining options vest in twelve substantially equal quarterly installments after that date, provided she continues to provide service to the company through each scheduled vesting date.
Is Esther Cho’s Form 4/A transaction in Keros Therapeutics (KROS) an open-market purchase or sale?
The Form 4/A shows a grant classified as an acquisition under code “A,” reflecting a stock option award, not an open-market buy or sell. She incurred no purchase cost at grant; the exercise price applies only if she later chooses to exercise.
How many Keros Therapeutics (KROS) derivative securities does Esther Cho hold after this transaction?
After this stock option grant, the filing shows Esther Cho holding 80,000 derivative securities related to common stock. These represent options, not currently owned shares, and become exercisable only as they vest and before the stated expiration date, under the award’s terms.