Form 4: Annexon CEO Douglas Love Exercises Stock Options, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Annexon's CEO, Douglas Love, executed stock options at a price of $1.8501, resulting in adjustments to his holdings of common stock.
Summary
- On October 30, 2024, Douglas Love, the President and CEO of Annexon, Inc., engaged in transactions involving the company's common stock.
- Love exercised stock options to acquire 78,399 shares and 36,050 shares at a price of $1.8501 per share.
- Following these transactions, Love directly owns 310,570 shares of Annexon common stock.
- The stock options were fully vested and exercisable with an expiration date of August 11, 2026.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock option exercises, indicating standard executive compensation practices. It doesn't inherently suggest positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's alignment with shareholder interests.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 08/11/2026 | Expiration date of the stock options |
| 10/30/2024 | Date of the stock option exercise and related transactions |
| 11/01/2024 | Date of signature for the Form 4 filing |
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