Gottesdiener Keith Michael 4
Research Summary
AI-generated summary
Septerna Director Keith Gottesdiener Receives 11,260-Share Award
What Happened
Keith Michael Gottesdiener, a director of Septerna, Inc. (SEPN), received an award on 2026-06-26 covering 11,260 shares. The grant was recorded at $0.00 (no cash paid) and is a derivative award (stock option/award), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-26; Filing date: 2026-06-30 (timely — due within two business days).
- Transaction type/code: Grant / Award (A); reported as a derivative grant at $0.00 per share.
- Shares/units granted: 11,260 underlying shares. Total cash value at grant: $0 (no cash outlay reported).
- Vesting: The underlying shares vest in full upon the earlier of (i) June 26, 2027 or (ii) the issuer's next annual meeting of stockholders, subject to continued service (footnote F1).
- Shares owned after transaction: Not specified in this filing.
- Filing exhibits/remarks: Includes Exhibit 24.2 (Substitute Power of Attorney).
Context
This is an equity award to a company director rather than a market purchase or sale. For retail investors, awards like this represent compensation tied to future service and typically vest over time; they do not indicate immediate selling or buying pressure. The award vests only if the director remains in service through the vesting date (or until the next annual meeting), so it is not immediately tradable unless other terms apply.
Loading document...