Form 4: Bolt Biotherapeutics Executive Grant Yonehiro Acquires 235,000 Stock Options

Sentiment:

SEC Form 4 Filing


Grant Yonehiro, Chief Business Officer of Bolt Biotherapeutics, acquired 235,000 stock options on March 4, 2024, at an exercise price of $1.27.

Summary

  • Grant Yonehiro, the Chief Business Officer of Bolt Biotherapeutics, filed a Form 4 on March 6, 2024, reporting a transaction.
  • On March 4, 2024, Yonehiro acquired 235,000 stock options with an exercise price of $1.27.
  • The options vest monthly, with 1/36th of the shares vesting for each month of continuous service following January 1, 2024.
  • The options expire on March 3, 2034.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard executive compensation disclosure.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment of interests.

Stakeholder Impact

  • The acquisition of stock options by a key executive could signal confidence in the company's future prospects to shareholders.
  • The vesting schedule incentivizes the executive to remain with the company.

Key Dates

DateDescription
January 1, 2024Start date for monthly vesting of stock options.
March 3, 2034Expiration date of the stock options.
March 4, 2024Date of the transaction: acquisition of stock options.
March 6, 2024Date the Form 4 was filed.

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