Vera Therapeutics (VERA) finance chief exercises options for 10,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vera Therapeutics, Inc. senior vice president of finance and chief accounting officer Joseph R. Young exercised stock options to acquire 10,000 shares of Class A common stock at an exercise price of $3.9396 per share on March 13, 2026.
Following the transactions, he directly owns 75,754 shares of Class A common stock and holds 38,589 stock options. The filing notes that 1,032 of his shares were acquired through the company’s 2021 Employee Stock Purchase Plan, and the option grant vests over time, with a portion vesting monthly.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,000 shares exercised/converted
Mixed
2 txns
Insider
Young Joseph R
Role
SVP, FINANCE, CHIEF ACCT OFFCR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 10,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,000 | $3.9396 | $39K |
Holdings After Transaction:
Stock Option (right to buy) — 38,589 shares (Direct);
Class A Common Stock — 75,754 shares (Direct)
Footnotes (1)
- Includes 1,032 shares acquired pursuant to the Company's 2021 Employee Stock Purchase Plan. 1/4 of the shares subject to the option vested on March 9, 2022, and 1/48 of the shares vest monthly thereafter.
FAQ
What insider transaction did Vera Therapeutics (VERA) report for Joseph R. Young?
Joseph R. Young exercised stock options to acquire 10,000 shares of Vera Therapeutics Class A common stock. The options were exercised at an exercise price of $3.9396 per share, converting derivative holdings into directly owned common shares without any reported share sales.
What was the exercise price of the options used by Vera Therapeutics (VERA) executive Joseph R. Young?
The stock options exercised by Joseph R. Young had an exercise price of $3.9396 per share. Exercising these options allowed him to convert 10,000 option rights into 10,000 shares of Class A common stock on March 13, 2026, as disclosed in the Form 4.
How do Joseph R. Young’s Vera Therapeutics (VERA) options vest according to the filing?
The option grant vests over time, with an initial and monthly schedule. One quarter of the shares subject to the option vested on March 9, 2022, and one forty-eighth of the shares vest monthly thereafter, linking continued vesting to his ongoing service with the company.