PMV Pharmaceuticals (PMVP) awards 303,310 stock options to Chief Development Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PMV Pharmaceuticals, Inc. reported that Chief Development Officer Deepika Jalota received an employee stock option grant. The award covers 303,310 options to purchase company stock and is classified as a grant or award acquisition. According to the terms, these options begin vesting on April 5, 2026, in 48 equal monthly installments, meaning the award vests gradually over four years, which is designed to align the executive’s incentives with the company’s longer-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jalota Deepika
Role
Chief Development Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 303,310 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 303,310 shares (Direct)
Footnotes (1)
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FAQ
What did PMV Pharmaceuticals (PMVP) disclose about Deepika Jalota in this Form 4?
PMV Pharmaceuticals disclosed that Chief Development Officer Deepika Jalota received an employee stock option grant. The award covers 303,310 options, classified as a grant or award acquisition, and is reported as direct ownership following the transaction.
How many stock options were granted to PMVP’s Chief Development Officer?
PMV Pharmaceuticals granted Chief Development Officer Deepika Jalota 303,310 employee stock options. These options give her the right to buy company shares in the future, subject to the vesting schedule described, which ties her potential ownership to continued service over several years.
What is the vesting schedule for Deepika Jalota’s PMVP stock options?
The stock options granted to Deepika Jalota vest in 48 equal monthly installments beginning on April 5, 2026. This four-year monthly vesting structure means she earns a portion of the options each month, encouraging long-term retention and alignment with shareholders.
What type of security was reported in PMVP’s Form 4 for Deepika Jalota?
The filing reports an Employee Stock Option (right to buy) as the security granted to Deepika Jalota. It is categorized as a derivative security, meaning it represents the right to acquire underlying PMV Pharmaceuticals common stock in the future, subject to vesting.
How is Deepika Jalota’s ownership recorded after this PMVP option grant?
After the grant, 303,310 stock options are reported as held by Deepika Jalota with direct ownership. The total represents the options subject to the new award, which will become exercisable over time according to the specified monthly vesting schedule starting April 5, 2026.
Does the PMVP Form 4 indicate this insider transaction was a purchase or a grant?
The transaction is identified as a grant, award, or other acquisition under code A, not an open-market purchase. It reflects employee stock options awarded to Chief Development Officer Deepika Jalota as part of compensation, rather than a cash stock purchase in the market.