Viret Jean-Frederic 4
4 · SpyGlass Pharma, Inc. · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
SpyGlass (SGP) CFO Jean‑Frederic Viret Receives 17,500-Share Award
What Happened
Jean‑Frederic Viret, Chief Financial Officer of SpyGlass Pharma, was granted a derivative equity award covering 17,500 shares on February 5, 2026. The Form 4 reports an acquisition price of $0.00 (code A — award/grant). The award is structured as shares subject to an option per the filing footnote.
Key Details
- Transaction date: February 5, 2026; Form 4 filed February 9, 2026 (timely within the 2-business-day reporting window).
- Reported acquisition: 17,500 shares, price reported $0.00 (derivative grant; transaction code A).
- Shares owned after transaction: Not disclosed on the provided data.
- Footnote (vesting): Vesting Commencement Date = February 5, 2026. 25% of the shares vest on the one‑year anniversary, then 1/48th of the shares vest each month thereafter on the same day (or last day of month if no corresponding day).
- No indication of immediate sale or tax withholding in this filing.
Context
This was a derivative equity grant (an option-style award per the footnote) rather than an open-market purchase or sale. Such grants are commonly part of executive compensation and only convert into owned shares as they vest and, if applicable, upon exercise. The filing was submitted on schedule and does not by itself indicate a buy or sell decision in the market.
Insider Transaction Report
- Award
Stock Option (right to buy)
[F1]2026-02-05+17,500→ 17,500 totalExercise: $16.00Exp: 2036-02-05→ Common Stock (17,500 underlying)
Footnotes (1)
- [F1]Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2026 Equity Incentive Plan) through each applicable date, twenty five percent (25%) of the shares subject to the option shall vest on the one (1) year anniversary of the Vesting Commencement Date, and one forty-eighth (1/48th) of the shares subject to the option shall vest each month thereafter on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean February 5, 2026.