Form 4: OmniAb Director Steven C. Crouse Acquires Stock Options and Restricted Stock Units
SEC Form 4 Filing
Director Steven C. Crouse acquired 80,000 stock options and 40,000 restricted stock units in OmniAb, Inc. on April 21, 2025.
Summary
- On April 21, 2025, Steven C. Crouse, a director of OmniAb, Inc., acquired 80,000 stock options and 40,000 restricted stock units (RSUs).
- The stock options have an exercise price of $1.83 and expire on April 21, 2035.
- The RSUs represent a contingent right to receive one share of OmniAb's common stock per unit.
- Both the stock options and RSUs vest in three substantially equal annual installments starting on April 21, 2026, contingent upon Crouse's continued service to the company.
Sentiment
Score: 7
Explanation: The document indicates a standard executive compensation practice, suggesting stability and alignment of interests. The sentiment is neutral to positive.
Positives
- The acquisition of stock options and RSUs by a director signals confidence in the company's future performance.
- The vesting schedule aligns the director's interests with the long-term success of the company.
Future Outlook
The vesting schedule of the stock options and RSUs indicates an expectation of continued service and contribution from the director over the next three years.
Industry Context
Stock option and RSU grants are common forms of executive compensation used to align management's interests with those of shareholders and incentivize long-term value creation.
Stakeholder Impact
- Shareholders may view the grant of stock options and RSUs positively, as it aligns the director's interests with the company's long-term success.
- Employees may see this as a positive sign of the company's commitment to its leadership.
Key Dates
| Date | Description |
|---|---|
| 04/21/2025 | Date of transaction: Acquisition of stock options and restricted stock units. |
| 04/21/2026 | First vesting date for both stock options and restricted stock units. |
| 04/21/2035 | Expiration date of the stock options. |
Keywords
OmniAb, Director, Stock Options, Restricted Stock Units, RSU, Acquisition, Vesting, OABI, Form 4
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