Form 4: Shane Cooke Acquires 20,183 Stock Options in Prothena Corp Public Ltd Co

Director Shane Cooke acquired 20,183 stock options in Prothena Corp Public Ltd Co on May 14, 2025, exercisable at $6.885, vesting on the earlier of the first anniversary of the grant date or the 2026 annual general meeting.

Summary

• On May 14, 2025, Shane Cooke, a director of Prothena Corp Public Ltd Co, acquired 20,183 stock options.
• The exercise price of these options is $6.885.
• The options vest on the earlier of the first anniversary of the grant date or the day of the annual general meeting in 2026, assuming continuous service as a director until such vesting date.
• The options expire on May 14, 2035.
• Following the transaction, Cooke directly owns 20,183 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock option grants to a director, which is a common practice.

Positives

• The acquisition of stock options by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to insider transactions and provides insight into the compensation structure for directors at Prothena Corp Public Ltd Co.

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

Keywords

stock options, director, Prothena Corp, PRTA, beneficial ownership, Form 4, Shane Cooke