PMV Pharmaceuticals (PMVP) awards CEO 744,960 employee stock options
Rhea-AI Filing Summary
PMV Pharmaceuticals, Inc. granted President and CEO David Henry Mack an employee stock option covering 744,960 shares of common stock. The award was reported as an acquisition of derivative securities at a stated price of 0.0000 per share. These options vest in 48 equal monthly installments beginning on April 5, 2026, providing long-term, time-based equity compensation tied to his continued service.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 744,960 | $0.00 | -- |
Footnotes (1)
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FAQ
What insider transaction did PMV Pharmaceuticals (PMVP) report for David Henry Mack?
PMV Pharmaceuticals granted President and CEO David Henry Mack an employee stock option for 744,960 shares. The award is classified as an acquisition of derivative securities, providing equity-based compensation that aligns his interests with shareholders through future potential ownership in the company.
When do David Henry Mack’s PMV Pharmaceuticals options begin vesting and over what schedule?
The options begin vesting on April 5, 2026 and vest in 48 equal monthly installments. This four-year vesting structure encourages long-term alignment, as Mack must remain in service over time to fully realize the grant’s potential benefits.
What is the transaction code and direction for David Henry Mack’s PMVP option grant?
The transaction is coded “A” for a grant, award, or other acquisition and marked as an acquire direction. This means the options were awarded as compensation, rather than purchased or sold in an open-market or cash transaction.
Is David Henry Mack’s ownership in PMV Pharmaceuticals direct or indirect for this option grant?
The ownership for this option grant is reported as direct. That indicates the options are held in his own name, rather than through a trust, partnership, or other indirect entity structure associated with the reporting person.