Form 4: Annexon Director Acquires Stock Options
SEC Form 4 Filing
Bettina M. Cockroft, a director of Annexon, Inc., acquired stock options for 44,000 shares on June 5, 2024.
Summary
- On June 5, 2024, Bettina M. Cockroft, a director of Annexon, Inc., acquired stock options.
- The options grant the right to buy 44,000 shares of common stock at an exercise price of $6.79.
- The options vest on the earlier of June 5, 2025, or the next Annual Meeting following June 5, 2024, contingent upon continuous service as a director.
Sentiment
Score: 5
Explanation: Neutral. This is a routine filing related to stock option grants.
Industry Context
This is a standard Form 4 filing, reflecting a director's acquisition of stock options, a common practice in corporate compensation.
Stakeholder Impact
- The acquisition of stock options by a director aligns their interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of transaction: acquisition of stock options. |
| 06/05/2024 | Date the stock options were granted. |
| 06/05/2025 | Earliest possible vesting date for the stock options. |
| 06/05/2034 | Expiration date of the stock options. |
| 06/07/2024 | Date of signature on the Form 4 filing. |
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