4Accepted Sep 17, 1:44 PM ET
Inmune Bio (INMB) Director James Sapirstein Receives Award
Accepted (ET)
1:44 PM
Sep 17, 2026
Filed
Sep 17, 2026
Documents
1
Size
5.8 KB
Summary
Inmune Bio (INMB) Director James Sapirstein Receives Award
What Happened
James Sapirstein, a director of Inmune Bio, was granted a derivative award of 100,000 shares (reported as acquisition A) on 2026-09-15. The Form 4 reports an acquisition price of $0.00 (total reported value $0), indicating a stock option award rather than an immediate purchase of common shares.
Key Details
- Transaction date: 2026-09-15; Form 4 filed: 2026-09-17 (timely filing).
- Transaction type: Award/Grant (derivative) — 100,000 options reported as acquired at $0.00.
- Vesting: Options vest in 36 equal monthly installments (1/36 per month) beginning one month after grant, fully vesting on the three‑year anniversary. (Footnote: granted under the Issuer's Third Amended and Restated 2021 Stock Incentive Plan.)
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing status: No late filing indicated based on dates provided.
Context
This was a compensation grant of stock options to a director, not an open‑market purchase or sale. The award does not represent immediately tradable shares — the options must vest (and typically be exercised) before becoming common stock. Such director option grants are common and should be viewed as compensation rather than a direct signal of immediate buying or selling.