Form 4: Inmune Bio Director Timothy Schroeder Acquires Options Under 2021 Stock Incentive Plan
SEC Form 4 Filing
Director Timothy Schroeder acquired 12,500 options in Inmune Bio, Inc. under the company's 2021 Stock Incentive Plan.
Summary
- On May 14, 2024, Timothy Schroeder, a director of Inmune Bio, Inc., acquired 12,500 options to purchase common stock.
- The options were granted pursuant to the 2021 Stock Incentive Plan.
- The exercise price of the options is $9.92.
- The options vest monthly over one year, becoming fully vested on May 14, 2025.
- The expiration date for the options is May 13, 2034.
- Following the transaction, Schroeder directly owns 12,500 derivative securities.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine grant of options, which is neither particularly positive nor negative on its own.
Positives
- The grant of options to a director aligns their interests with those of the shareholders.
- The vesting schedule encourages continued service and contribution to the company.
Industry Context
Stock options are a common form of executive compensation in the biotechnology industry, used to incentivize performance and align management interests with shareholder value.
Stakeholder Impact
- The option grant could potentially dilute existing shareholders if the options are exercised.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of option grant |
| 05/14/2025 | Date options are fully vested |
| 05/13/2034 | Expiration date of options |
| 05/16/2024 | Date of Form 4 filing |
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