Omeros (NASDAQ: OMER) CEO exercises 400,000 options with tax share withholding
Rhea-AI Filing Summary
Omeros Corporation’s Chairman, CEO & President Gregory A. Demopulos reported the exercise of stock options for 400,000 shares of common stock on February 18, 2026. The options, which vested over 48 monthly installments starting April 1, 2015, were exercised via a derivative conversion.
In connection with this exercise, 357,678 shares of common stock were withheld by Omeros to cover the exercise price and related tax liability, based on the closing stock price on February 17, 2026. The company states these withheld shares remained in its treasury and the transaction did not involve any open‑market sale.
Following the transactions, Demopulos directly owned 1,469,308 shares of common stock. Additional indirect holdings include 300,000 shares in each of two irrevocable gift trusts for his minor children and 123,945 shares held by his spouse, for which he disclaims beneficial ownership except to any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
CEO option exercise with tax withholding, no market sale.
The filing shows Gregory A. Demopulos exercised stock options for 400,000 Omeros common shares, stemming from a grant that vested over 48 months from April 1, 2015. This is classified as a derivative exercise rather than an open‑market purchase.
To satisfy the exercise price and tax obligations, 357,678 shares were withheld by Omeros at a reference price of $11.93, and the company states these shares remained in its treasury. That makes the disposition a tax-withholding event, not a sale into the market.
After these transactions, Demopulos directly held 1,469,308 common shares, with additional indirect positions in two child gift trusts and a spouse account, where he disclaims beneficial ownership beyond any pecuniary interest. Overall, this appears to be routine executive equity compensation activity rather than a directional bet.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock option (right to buy) | 400,000 | $0.00 | -- |
| Exercise | Common stock | 400,000 | $10.27 | $4.11M |
| Tax Withholding | Common stock | 357,678 | $11.93 | $4.27M |
| holding | Common stock | -- | -- | -- |
| holding | Common stock | -- | -- | -- |
| holding | Common stock | -- | -- | -- |
Footnotes (1)
- Represents shares withheld by Omeros Corporation ("Omeros") in connection with net share settlement to satisfy the exercise price and tax liability associated with the reporting person's exercise of stock options. The number of shares withheld was determined based on the closing price of Omeros' common stock on February 17, 2026. The transaction did not involve any open-market sale of securities, and all 357,678 withheld shares remained in the Omeros treasury. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and nothing in this report shall be deemed an admission that the reporting person is the beneficial owner of such securities under Section 16 of the Securities Exchange Act of 1934 or for any other purpose. Shares held in the [Demopulos Child #1] Gift Trust, an irrevocable trust established for the benefit of a minor child of the reporting person. Shares held in the [Demopulos Child #2] Gift Trust, an irrevocable trust established for the benefit of a minor child of the reporting person. This option vested and became exercisable over 48 equal monthly installments, with a vesting commencement date of April 1, 2015.
