Walbert Timothy P 4
4 · Odyssey Therapeutics, Inc. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Odyssey Therapeutics Director Timothy P. Walbert Receives Option Award
What Happened
Timothy P. Walbert, a director of Odyssey Therapeutics (ODTX), was granted a derivative award for 27,393 shares on May 7, 2026. The filing reports an acquisition price of $0.00 (no cash paid on grant) and lists the instrument as a derivative (an option). The option is scheduled to vest in full on May 7, 2027, subject to his continued service.
Key Details
- Transaction date: May 7, 2026; Form 4 filed May 11, 2026 (timely within reporting window).
- Transaction type/code: Award/Grant (A), derivative security (option).
- Amount: 27,393 shares; reported acquisition price $0.00; reported value $0.
- Vesting: Option will vest in full on May 7, 2027, subject to continued service (footnote).
- Shares owned after transaction: Not specified in the provided filing details.
- No indication of a 10b5-1 plan, sale, or tax-withholding reported in this filing.
Context
This was a compensation-related equity award to a board member, not an open-market purchase or sale. Such option grants are commonly used for director compensation and do not reflect an immediate cash investment or a decision to sell shares. The award will only translate to actual stock ownership if and when the option vests and is exercised (exercise price and post-vesting details not disclosed in this Form 4).
Insider Transaction Report
- Award
Stock Option (Right to Buy)
[F1]2026-05-07+27,393→ 27,393 totalExercise: $18.00Exp: 2036-05-06→ Common Stock (27,393 underlying)
Footnotes (1)
- [F1]Option will vest in full on May 7, 2027, subject to the Reporting Person's continued service on each such vesting date.