Delaney Brendan 4
Research Summary
AI-generated summary
BeyondSpring Director Brendan Delaney Receives Option Award
What Happened
- Brendan Delaney, a director of BeyondSpring Inc. (BYSI), received a grant of stock options to acquire 20,427 ordinary shares on April 1, 2026. The Form 4 reports the acquisition as a derivative award (code A) at $0.00 (i.e., an option grant rather than a cash purchase or sale).
Key Details
- Transaction date: 2026-04-01
- Filing date (Form 4): 2026-04-03 (appears timely; Form 4s are generally due within two business days)
- Transaction type/code: Award/Grant (A) — stock options (derivative)
- Quantity: 20,427 options to purchase ordinary shares
- Reported price: $0.00 (reflects an option grant; not the option exercise price)
- Vesting: All options vest on April 1, 2027, subject to continuous service (per footnote)
- Plan: 2017 Omnibus Incentive Plan
- Shares owned after transaction / exercise price: Not specified in the provided filing excerpt
Context
- This filing documents an equity compensation grant (options), not an open-market buy or a sale. Options are not immediately tradable shares — they vest over time and must be exercised (often at a specified strike price) before converting to owned shares. Such awards are typically part of executive/director compensation and primarily signal retention incentives rather than an immediate market view.