PMV Pharmaceuticals (PMVP) CFO receives 240,000-share stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PMV Pharmaceuticals, Inc. Chief Financial Officer Michael Carulli reported an equity compensation grant and updated his share holdings. He received an employee stock option for 240,000 shares of common stock at an exercise price of $0.00 per share, classified as a grant or award acquisition.
The option vests in 48 equal monthly installments beginning on April 5, 2026, which means the award vests gradually over four years. Following this filing, Carulli directly holds 73,848 shares of common stock, which includes 13,702 shares acquired under the company’s Employee Stock Purchase Plan on November 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Carulli Michael
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 240,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 240,000 shares (Direct);
Common Stock — 73,848 shares (Direct)
Footnotes (1)
- Includes 13,702 shares acquired under the Issuer's Employee Stock Purchase Plan on November 20, 2025. Shares subject to the option vest in 48 equal monthly installments beginning on April 5, 2026.
FAQ
What insider transaction did PMV Pharmaceuticals (PMVP) report for Michael Carulli?
PMV Pharmaceuticals reported that CFO Michael Carulli received an employee stock option grant for 240,000 shares on March 5, 2026. The option is an equity compensation award with an exercise price of $0.00 per share, classified as a grant or award acquisition.
How do the new stock options for PMVP’s CFO vest over time?
The 240,000-share option granted to PMVP’s CFO vests in 48 equal monthly installments starting on April 5, 2026. This creates a four-year vesting schedule, with a portion of the award becoming exercisable each month, aligning compensation with long-term company performance.
What is the exercise price of the new PMVP stock options granted to the CFO?
The newly granted employee stock option for 240,000 shares of PMV Pharmaceuticals common stock has an exercise price of $0.00 per share. This indicates a cost-free grant structure for the award itself, subject to the four-year monthly vesting schedule.