Form 4: Shattuck Labs Director Tyler Brous Granted 33,150 Stock Options

Shattuck Labs, Inc. Director Tyler Brous was granted 33,150 stock options with an exercise price of $0.82, vesting on the earlier of one year or the next annual meeting.

Summary

• Tyler Brous, a Director of Shattuck Labs, Inc. (STTK), was granted 33,150 stock options.
• The options have an exercise price of $0.82 per share.
• The grant date for these options was July 14, 2025.
• The options will vest in full on the earlier of the one-year anniversary of the grant date (July 14, 2026) or immediately prior to the Issuer's next annual meeting of stockholders.
• Vesting is contingent upon Mr. Brous's continued service to Shattuck Labs, Inc.
• The options expire on July 14, 2035.
• Following this transaction, Mr. Brous beneficially owns 33,150 derivative securities directly.

Sentiment

Score: 6

Explanation: The grant of stock options to a director is a standard practice that aligns management's interests with shareholders, generally viewed as a neutral to slightly positive event. It does not indicate any immediate operational or financial issues.

Positives

• The grant of stock options to Director Tyler Brous aligns his interests with those of shareholders, incentivizing long-term performance.
• The options have a 10-year expiration period, providing a long window for potential value realization.

Negatives

• The issuance of new stock options could lead to potential future dilution for existing shareholders if exercised.

Risks

• The vesting of the options is subject to Tyler Brous's continued service to Shattuck Labs, Inc.

Future Outlook

The document does not provide forward-looking statements or guidance beyond the vesting schedule and expiration date of the granted options.

Industry Context

This transaction is a routine insider filing for director compensation, common across various industries to incentivize leadership and align their financial interests with company performance.

Related Party Transactions

• The stock option grant to Director Tyler Brous constitutes a related party transaction as it involves compensation to a member of the company's board.

Stakeholder Impact

• Shareholders: Potential for minor future dilution if options are exercised, but also benefit from aligned director incentives.
• Employees: No direct impact mentioned.
• Customers/Suppliers/Creditors: No direct impact mentioned.

Next Steps

• The options will vest on the earlier of July 14, 2026, or immediately prior to the Issuer's next annual meeting of stockholders, subject to continued service.

Key Dates

Keywords

Shattuck Labs, STTK, Stock Options, Director Compensation, SEC Form 4, Insider Transaction, Equity Grant, Tyler Brous