Shaikhly Samira 4
Research Summary
AI-generated summary
Septerna (SEPN) CPO Samira Shaikhly Receives Award
What Happened
- Samira Shaikhly, Chief People Officer of Septerna, received a grant (derivative award) of 80,000 shares/options on February 6, 2026. The reported acquisition price was $0.00, so no cash was paid; the filing treats this as an award/grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-06; Filing date: 2026-02-10 (filed within the required reporting window).
- Price: $0.00 per share; cash paid = $0. Total cash value at grant not reported (fair value not provided in the Form 4).
- Shares owned after transaction: not specified in the filing.
- Footnote (vesting): 2/48th of the option shares vest on March 1, 2026; the remaining shares vest in 46 substantially equal monthly installments thereafter, subject to continuous service.
- Administrative note: Exhibit 24.2 (Substitute Power of Attorney) is attached to the filing.
- Transaction type: Code A (award/grant); this is a compensation-related grant, not a market purchase or sale.
Context
- This is a standard equity award/option grant tied to employment service and vesting, not an immediate cash investment or disposition. Such grants are common for executive compensation and do not by themselves indicate buying or selling sentiment in the open market.