Director at Sensei Biotherapeutics (SNSE) receives 23,100 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sensei Biotherapeutics director Phillip B. Donenberg received a supplemental stock option grant for 23,100 shares of Common Stock. The option has an exercise price of $29.89 per share and expires on April 9, 2036. This award aligns his total initial director option grant with the company’s amended non-employee director compensation policy, which now provides 25,000 options to new directors. The new options vest in 36 equal monthly installments over three years, fully vesting on April 10, 2029, contingent on his continued service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Donenberg Phillip B.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 23,100 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 23,100 shares (Direct)
Footnotes (1)
- Represents a supplemental option grant to align the Reporting Person's total initial director option grant with the Company's non-employee director compensation policy, which was amended on April 10, 2026 to provide for an initial option grant of 25,000 shares to new directors. The Reporting Person previously received an initial grant of 1,900 shares in February 2026; this supplemental grant of 23,100 shares reflects the difference. The shares subject to the option vest and become exercisable in 36 equal monthly installments over a three year period such that the option is fully vested on the third anniversary of the date of grant, or April 10, 2029, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date.
Key Figures
Supplemental option grant: 23,100 shares
Exercise price: $29.89 per share
Expiration date: April 9, 2036
+4 more
7 metrics
Supplemental option grant
23,100 shares
Stock Option (right to buy) granted on April 10, 2026
Exercise price
$29.89 per share
Stock option strike price for 23,100-share grant
Expiration date
April 9, 2036
Option term end date
Vesting schedule
36 equal monthly installments
Fully vested by April 10, 2029, subject to continued service
Prior initial grant
1,900 shares
Initial option grant received in February 2026
Policy initial grant level
25,000 shares
Non-employee director compensation policy initial option grant
Total options after grant
23,100 shares
Total stock option holdings reported following this transaction
Key Terms
supplemental option grant, non-employee director compensation policy, vest and become exercisable, continuous service, +1 more
5 terms
supplemental option grant financial
"Represents a supplemental option grant to align the Reporting Person's total initial director option grant"
non-employee director compensation policy financial
"the Company's non-employee director compensation policy, which was amended on April 10, 2026"
vest and become exercisable financial
"The shares subject to the option vest and become exercisable in 36 equal monthly installments"
continuous service financial
"subject to the Reporting Person's continuous service with the Issuer as of each such vesting date"
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
FAQ
What did Sensei Biotherapeutics (SNSE) director Phillip Donenberg receive in this Form 4?
Phillip B. Donenberg received a supplemental stock option grant for 23,100 shares of Sensei Biotherapeutics Common Stock. These options were awarded as part of his non-employee director compensation and are intended to align his initial grant with the company’s updated director equity policy.
What are the vesting terms of Phillip Donenberg’s new SNSE stock options?
The options vest and become exercisable in 36 equal monthly installments over three years, fully vesting on April 10, 2029. Vesting is subject to Donenberg’s continuous service with Sensei Biotherapeutics as a director on each monthly vesting date, tying the award to ongoing board service.
What is the exercise price and expiration date of the SNSE director’s options?
The stock options have an exercise price of $29.89 per share and expire on April 9, 2036. This means Donenberg can purchase up to 23,100 shares at $29.89 each any time after vesting and before expiration, subject to the plan’s terms and conditions.
How does this Form 4 change the SNSE director’s option holdings?
Following this grant, Donenberg holds 23,100 stock options as reported in the filing. Combined with his earlier 1,900-share grant, the total initial director option allocation now matches Sensei Biotherapeutics’ amended policy of 25,000 option shares for new non-employee directors.