TAO Synergies (TAOX) director receives grant of 800 stock options at $5.52
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAO Synergies Inc. director Ephron Robert received a stock option grant for 800 shares of common stock. The option has an exercise price of $5.52 per share and expires on April 7, 2036. According to the disclosure, all 800 options will vest after the holder completes one year of service following April 7, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ephron Robert
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 800 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 800 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 800 options
Exercise price: $5.52 per share
Underlying shares: 800 shares
+1 more
4 metrics
Option grant size
800 options
Stock Option (Right to Buy) granted to director
Exercise price
$5.52 per share
Price to buy underlying common stock
Underlying shares
800 shares
Common Stock, par value $0.0001 per share
Expiration date
April 7, 2036
Option term end date
Key Terms
Stock Option (Right to Buy), Grant, award, or other acquisition, exercise price, vest and become immediately exercisable
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
exercise price financial
"conversion_or_exercise_price: "5.5200""
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.
vest and become immediately exercisable financial
"All of the holder's options shall vest and become immediately exercisable upon the holder's completion of one year of service"
FAQ
What did TAO Synergies (TAOX) director Ephron Robert report in this Form 4?
Ephron Robert reported receiving a grant of stock options covering 800 shares of TAO Synergies common stock. The options were awarded as a compensation-related grant and are exercisable into common shares at a set price once vested.
What is the exercise price of the TAO Synergies (TAOX) options granted to Ephron Robert?
The options were granted with an exercise price of $5.52 per share. This means Ephron Robert can purchase each underlying share at $5.52 once the options have vested and are exercised before their stated expiration date in the future.
When do Ephron Robert’s TAO Synergies (TAOX) options vest?
All of the options will vest and become immediately exercisable after the holder completes one year of service following April 7, 2026. This service-based vesting requirement ties the benefit of the award to continued board service over that period.
When do the TAO Synergies (TAOX) stock options granted to Ephron Robert expire?
The stock options are scheduled to expire on April 7, 2036. After that expiration date, any unexercised options will lapse, meaning the right to purchase the underlying common shares at the $5.52 exercise price will no longer be available.
Is this TAO Synergies (TAOX) Form 4 a market purchase or sale of stock?
No, this Form 4 reflects a grant of stock options as a compensation award, not an open-market purchase or sale. The transaction is categorized as a grant or award acquisition, giving future purchase rights rather than reporting immediate share trading.