Cable Thomas J. 4
4 · OMEROS CORP · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Omeros (OMER) Director Thomas J. Cable Receives 15,000-Share Option Award
What Happened Thomas J. Cable, a non-employee director of Omeros Corporation (OMER), was granted an option award for 15,000 shares of common stock on June 18, 2026. The grant is reported as an acquisition at $0.00 (no cash exchanged) and is a derivative award (stock option), not immediate ownership of shares. This is a routine, policy-based director award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-18; Form 4 filed: 2026-06-22 (filed timely).
- Reported transaction: Award/Grant (code A) of 15,000 shares; acquisition price shown as $0.00.
- Shares owned after transaction: Not disclosed in the provided filing data.
- Footnote summary: Grant made under Omeros’ non-employee director compensation policy that automatically awards 15,000-option grants to directors who meet service criteria at the annual meeting.
- Vesting: The option will fully vest and become exercisable the day before the 2027 annual meeting, provided Cable remains a director through that date.
- Filing timeliness: Filed within the SEC’s two-business-day window (not flagged late).
Context This filing records a time-based option grant to a non-employee director under the company’s standard compensation policy. It’s a derivative award (an option) that vests after roughly one year of continued service; it does not represent a purchase or sale of shares and does not by itself signal immediate buying or selling activity.
Insider Transaction Report
- Award
Stock Option (Right to Buy)
[F1][F2]2026-06-18+15,000→ 15,000 totalExercise: $10.28Exp: 2036-06-17→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]Pursuant to Omeros Corporation's non-employee director compensation policy, on the date of each annual meeting of shareholders, each non-employee director who has served as a director for at least six months and who will continue to serve as a director after the annual meeting is automatically granted an option to purchase 15,000 shares of common stock. This Form 4 reports the annual stock option award granted to the reporting person in conjunction with the annual meeting of shareholders held on June 18, 2026.
- [F2]This option will fully vest and become exercisable on the day before the date of the 2027 annual meeting of the shareholders of Omeros Corporation, provided that the reporting person continues to serve as a director of the company through such date.