Form 4: Shattuck Labs Director Tyler Brous Acquires Stock Options
SEC Form 4 Filing
Director Tyler Brous of Shattuck Labs, Inc. reports the acquisition of stock options exercisable for 27,700 shares of common stock.
Summary
- On June 21, 2024, Tyler Brous, a director of Shattuck Labs, Inc., acquired stock options representing the right to purchase 27,700 shares of the company's common stock.
- The exercise price of these options is $4.37 per share.
- The options vest in full on the earlier of the one-year anniversary of the grant date or immediately prior to the Issuer's next annual meeting of stockholders, contingent upon continued service to the Issuer.
- The options expire on June 21, 2034.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders, allowing investors to assess their confidence in the company's prospects.
Stakeholder Impact
- The acquisition of stock options by a director could be perceived positively by shareholders as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/21/2024 | Date of the transaction: Tyler Brous acquired stock options. |
| 06/21/2024 | Date of filing: Form 4 filed by Andrew R. Neill, Attorney-in-Fact for Tyler Brous. |
| 06/21/2034 | Expiration date of the stock options. |
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