Verrica Pharmaceuticals (NASDAQ: VRCA) director awarded 16,000 stock options at $6.04
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verrica Pharmaceuticals Inc. director Mark A. Prygocki Sr. received a grant of stock options covering 16,000 shares of common stock. The options have an exercise price of $6.0400 per share and represent equity-based compensation rather than an open-market purchase.
These options vest in 12 equal monthly installments beginning on July 5, 2026 and will in any event be fully vested by the date of the next annual meeting of stockholders, subject to his continued service as a director through each vesting date. Following this grant, he holds 16,000 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PRYGOCKI MARK A SR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 16,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 16,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 16,000 options
Exercise price: $6.0400 per share
Underlying shares: 16,000 shares
+3 more
6 metrics
Options granted
16,000 options
Stock Option (right to buy) grant to director
Exercise price
$6.0400 per share
Strike price for common stock under the options
Underlying shares
16,000 shares
Common stock underlying the stock options
Post-grant derivative holdings
16,000 derivative securities
Total options held following transaction
Vesting start date
July 5, 2026
First monthly vesting date for the options
Expiration date
June 4, 2036
Option expiration for the stock option grant
Key Terms
Stock Option (right to buy), exercise price, underlying security, vest and become exercisable, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
exercise price financial
"conversion_or_exercise_price: "6.0400""
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.
underlying security financial
"underlying_security_title: "Common Stock""
vest and become exercisable financial
"The shares underlying this option shall vest and become exercisable in 12 equal monthly installments"
annual meeting of stockholders financial
"will be fully vested on the date of the next annual meeting of stockholders"
FAQ
What did Verrica Pharmaceuticals (VRCA) director Mark Prygocki receive in this Form 4?
Director Mark A. Prygocki Sr. received a grant of stock options for 16,000 shares of Verrica Pharmaceuticals common stock. These options are a form of equity compensation and do not represent an open-market stock purchase or sale by the director.
What is the exercise price of the Verrica Pharmaceuticals (VRCA) stock options granted?
The granted stock options have an exercise price of $6.0400 per share. This means Prygocki can buy Verrica Pharmaceuticals common stock at $6.0400 per share once the options vest, regardless of the market price at that time.
How do the 16,000 Verrica Pharmaceuticals (VRCA) options vest for the director?
The 16,000 stock options vest in 12 equal monthly installments starting on July 5, 2026. They will be fully vested by the date of the next annual meeting of stockholders, provided Prygocki continues serving as a director through each vesting date.
Is this Verrica Pharmaceuticals (VRCA) Form 4 a stock buy or sell transaction?
This Form 4 reports an option grant, categorized as a grant or award acquisition. It is not an open-market buy or sell of common shares; instead, it reflects equity compensation in the form of stock options for future potential share purchases.
How many derivative securities does the Verrica Pharmaceuticals (VRCA) director hold after this grant?
Following this transaction, Prygocki holds 16,000 derivative securities in the form of stock options. These options give him the right to acquire up to 16,000 shares of Verrica Pharmaceuticals common stock at the stated exercise price once vested.