Seaport Therapeutics (SPTX) CEO Daphne Zohar awarded sizable stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zohar Daphne reported acquisition or exercise transactions in this Form 4 filing.
Seaport Therapeutics, Inc. reported that Chief Executive Officer Daphne Zohar received two stock option grants on April 30, 2026 for 1,486,786 and 271,813 options to buy common stock at $18.00 per share, expiring on April 29, 2036. The options vest in forty-eight equal monthly installments after April 30, 2026, conditioned on her continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zohar Daphne
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 271,813 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 1,486,786 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 271,813 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size 1: 1,486,786 options
Option grant size 2: 271,813 options
Exercise price: $18.00 per share
+2 more
5 metrics
Option grant size 1
1,486,786 options
CEO stock option grant on April 30, 2026
Option grant size 2
271,813 options
Additional CEO stock option grant on April 30, 2026
Exercise price
$18.00 per share
Exercise price for both CEO option grants
Expiration date
April 29, 2036
Expiration for both stock option awards
Vesting schedule
48 monthly installments
Vesting after April 30, 2026, subject to continued service
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, vest in forty-eight (48) equal monthly installments
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price: "18.0000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2036-04-29T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vest in forty-eight (48) equal monthly installments financial
"The shares underlying this option shall vest in forty-eight (48) equal monthly installments"
FAQ
What insider transaction did Seaport Therapeutics (SPTX) disclose for CEO Daphne Zohar?
Seaport Therapeutics disclosed that CEO Daphne Zohar received two stock option grants as compensation. These derivative awards give her rights to acquire common stock at a fixed exercise price and do not represent open-market share purchases or sales.
How many stock options were granted to the Seaport Therapeutics (SPTX) CEO?
The CEO received 1,486,786 stock options in one grant and 271,813 stock options in a second grant. Both awards relate to Seaport Therapeutics common stock and are reported as directly owned derivative securities following the transactions.
What is the exercise price and expiration date of the SPTX CEO’s new options?
Each option grant to the CEO carries an exercise price of $18.00 per share and an expiration date of April 29, 2036. This means she can buy common shares at $18.00 any time before that expiration, subject to vesting and service conditions.
How do the new Seaport Therapeutics (SPTX) options vest for the CEO?
The options vest in forty-eight equal monthly installments following April 30, 2026. Vesting is conditioned on Daphne Zohar’s continued service on each vesting date, so she earns the right to exercise portions of the grant gradually over four years.