Form 4: Clay B. Siegall, Director at Shattuck Labs, Acquires Stock Options

Clay B. Siegall, a director at Shattuck Labs, acquired options to purchase 33,409 shares of common stock on March 6, 2024.

Summary

• On March 6, 2024, Clay B. Siegall, a director of Shattuck Labs, Inc., was granted options to purchase 33,409 shares of the company's common stock at an exercise price of $9.47 per share.
• The options vest in three equal annual installments starting on March 1, 2025, contingent upon Siegall's continued service to Shattuck Labs.
• Following the transaction, Siegall directly owns options for 33,409 shares of Shattuck Labs common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock option grants to a director. It doesn't inherently indicate positive or negative performance.

Positives

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

Future Outlook

The document does not contain specific forward-looking statements, but the vesting schedule of the options is contingent upon the director's continued service to the company.

Industry Context

This is a standard SEC Form 4 filing, reflecting a change in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.

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