Labrucherie Gil M 4
Research Summary
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Septerna (SEPN) CFO Gil M. Labrucherie Receives 125,000-Share Award
What Happened
Gil M. Labrucherie, Chief Financial Officer of Septerna, Inc. (SEPN), was granted 125,000 derivative shares on February 6, 2026. The reported acquisition price is $0.00, indicating a compensatory award (derivative interest such as options or RSUs) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-06 (reported on Form 4 filed 2026-02-10).
- Transaction type/code: Award/Grant (derivative); reported acquisition amount: 125,000 shares at $0.00.
- Vesting: Footnote states 2/48th of the shares vest on March 1, 2026; the remaining shares vest in 46 substantially equal monthly installments thereafter, subject to continuous service.
- Shares owned after transaction: Not specified in the filing.
- Filing remark: Exhibit 24.2 — Substitute Power of Attorney included.
Context
This is a compensation-related derivative grant (time-based vesting). Such awards are routine for executives and do not represent an open-market purchase or sale. The filing shows no immediate sale or cashless exercise; the award vests over time and depends on continued service.