Agarwal Shefali 4
Research Summary
AI-generated summary
Fate Therapeutics (FATE) Director Shefali Agarwal Receives Option Grant
What Happened
- Shefali Agarwal, a non-employee director of Fate Therapeutics (FATE), received a grant of options covering 87,900 shares on June 12, 2026. The reported acquisition price is $0.00 because this is a derivative award (options), not a cash purchase. The filing does not report a cash value or exercise price in the summary provided.
- This award appears to be routine director compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-12. Form 4 filed: 2026-06-15 (appears timely).
- Transaction code: A (Award/Grant); reported as a derivative instrument (options).
- Shares/options granted: 87,900. Reported acquisition price: $0.00 (derivative award).
- Shares owned following the transaction: Not stated in the provided filing details.
- Footnotes: F1—Grant made under the Issuer's Amended and Restated Non-Employee Director Compensation Policy (annual equity grants to non-employee directors). F2—Options vest and become exercisable on the earlier of June 12, 2027 or the Issuer's 2027 Annual Meeting, subject to continued board service.
Context
- This transaction is an equity compensation award to a director (routine). As a grant of options, it does not involve an immediate cash outlay or sale; value will depend on future vesting and any exercise price (if applicable). Such awards are common for non-employee directors and are generally part of ongoing compensation.