Form 4: Keros Therapeutics Director Jean Jacques Bienaime Acquires 17,600 Stock Options

Sentiment:

SEC Form 4 Filing


Director Jean Jacques Bienaime of Keros Therapeutics, Inc. acquired 17,600 stock options on June 3, 2024, at a price of $48.67.

Summary

  • On June 3, 2024, Jean Jacques Bienaime, a director of Keros Therapeutics, Inc., acquired 17,600 stock options.
  • The exercise price of these options is $48.67.
  • The options vest in equal quarterly installments commencing on September 3, 2024, with one-twelfth of the shares vesting each quarter, contingent upon continued service.
  • The expiration date for these options is June 2, 2034.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock option grants, indicating a neutral sentiment.

Future Outlook

The stock options vest quarterly starting September 3, 2024, contingent on the reporting person's continued service.

Industry Context

This Form 4 filing is a routine disclosure of stock option grants to a company director, which is a common practice in publicly traded companies to incentivize and align the interests of management with shareholders.

Stakeholder Impact

  • The granting of stock options aligns the director's interests with those of the shareholders, potentially incentivizing actions that increase shareholder value.

Key Dates

DateDescription
06/03/2024Date of transaction: Jean Jacques Bienaime acquired 17,600 stock options.
09/03/2024Vesting start date: One-twelfth of the shares subject to the option shall vest in equal quarterly installments commencing on this date.
06/02/2034Expiration date of the stock options.
06/05/2024Date of signature for the Form 4 filing.

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