Kliman Gilbert H 4/A
Research Summary
AI-generated summary
Glaukos Director Gilbert H. Kliman Receives Option Award (2,987)
What Happened
- Gilbert H. Kliman, a director of Glaukos Corp (GKOS), was granted a derivative award covering 2,987 shares on May 28, 2026. No cash was paid at grant; the reported exercise price for the options is $106.52 (the grant is reported as a zero-dollar acquisition because it is an option award).
Key Details
- Transaction date: 2026-05-28 (reported via an amended Form 4 filed 2026-06-23).
- Award type/code: Derivative grant (Code A in the filing).
- Shares/options: 2,987 option shares granted.
- Exercise price: $106.52 per share (amendment corrects an earlier incorrect exercise price of $53.57).
- Vesting: Vests in full on the one-year anniversary of the grant (per director compensation policy).
- Cash outlay at grant: $0 (standard for option awards).
- Shares owned after transaction: Not specified in the provided filing.
- Filing note: This is a Form 4A amending a June 1, 2026 Form 4 to correct the exercise price.
Context
- This was an equity compensation grant to a director (routine corporate compensation), not a market purchase or sale. Such awards do not by themselves signal immediate buying or selling of stock; value depends on future stock price relative to the $106.52 strike and on vesting/holding decisions.