Form 4: Kronos Bio Director, Roger D. Dansey, Acquires 34,000 Stock Options
SEC Form 4
Director Roger D. Dansey acquired 34,000 stock options in Kronos Bio, Inc. on June 25, 2024.
Summary
- On June 25, 2024, Roger D. Dansey, a director of Kronos Bio, Inc., acquired 34,000 stock options.
- The exercise price of these options is $0.95.
- The options vest upon the earlier of the one-year anniversary of the grant date or the date of the Issuer's next annual meeting of stockholders.
- The options expire on June 24, 2034.
- Following the transaction, Dansey directly owns 34,000 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine insider transaction filing, neither particularly positive nor negative. It simply reflects the granting of stock options to a director.
Future Outlook
The vesting of the options is contingent upon the earlier of the one-year anniversary of the grant date or the date of the Issuer's next annual meeting of stockholders.
Industry Context
This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into insider transactions.
Stakeholder Impact
- The granting of stock options aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/25/2024 | Date of transaction: Roger D. Dansey acquired 34,000 stock options. |
| 06/26/2024 | Date of signature by Attorney-in-Fact. |
| 06/24/2034 | Expiration date of the stock options. |
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