Damora Therapeutics, Inc.·4

Mar 25, 6:05 PM ET

Landsittel Michael 4

Research Summary

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Damora (DMRA) Director Michael Landsittel Receives Option Award

What Happened

  • Michael Landsittel, a director of Damora Therapeutics, was granted a derivative award on March 23, 2026: an option covering 37,313 shares of common stock with an acquisition price reported as $0.00. This filing reports a grant (award) rather than an open‑market purchase or sale, so no cash changed hands at grant.

Key Details

  • Transaction date: 2026-03-23; Form 4 filed: 2026-03-25 (appears timely).
  • Transaction type/code: A (Award/Grant of derivative).
  • Shares/units involved: option to acquire 37,313 shares; reported exercise/acquisition price $0.00 in the filing.
  • Vesting: option vests in equal monthly installments through March 23, 2029, subject to continued service (per footnote).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • No immediate exercise/sale: this is a grant of an option (not an exercised or sold position) and does not indicate an immediate cashless exercise or disposition.

Context

  • As an option grant to a director, this is typically a retention/incentive award tied to future service and vesting, not a present purchase or sale signal. Retail investors should view it as management compensation rather than an immediate endorsement via purchase.