Borgman Anne Elizabeth 4
Research Summary
AI-generated summary
Curis (CRIS) Director Anne Borgman Receives Option Grant for 6,800 Shares
What Happened
- Anne Elizabeth Borgman, a director of Curis, Inc. (CRIS), was granted a derivative award on July 7, 2026 covering 6,800 shares with a per-share price of $5.29, shown as $35,972 on the Form 4. The filing classifies this as a grant/award (derivative), not a sale — it is an option-style award rather than an open-market purchase or disposition.
Key Details
- Transaction date: July 7, 2026; Form 4 filed July 9, 2026 (timely filing).
- Transaction type/code: A (Grant/Award) — derivative security.
- Amount: 6,800 shares; price reported: $5.29 per share; reported aggregate: $35,972.
- Vesting: The award vests 100% on July 7, 2027 (Footnote F1).
- Shares owned following the reported transaction: not disclosed in this filing.
- Notable: This is an option/derivative grant (per footnote). No immediate cash exercise or sale of shares was reported.
Context
- This filing documents a compensation-related option grant that gives the director the right to acquire shares in the future if/when vested and exercised. Such grants are common as long-term incentive compensation for directors and do not reflect an immediate purchase or sale of stock.
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