Shah Rajiv 4

What Happened

• Rajiv Shah, a director of Omeros Corporation (OMER), received a grant of an option covering 15,000 shares on June 18, 2026. The Form 4 reports this as a derivative award (transaction code A) with an acquisition price shown as $0.00 because it is an option grant rather than an immediate stock purchase.
• The grant is a routine non-employee director award tied to the annual shareholders’ meeting; no shares were sold or exercised and no cash changed hands in this filing.

Key Details

• Transaction date: 2026-06-18; Form 4 filed: 2026-06-22 (filed within the two-business-day Form 4 deadline).
• Reported award: option to purchase 15,000 shares (grant reported at $0.00 on the Form 4).
• Vesting: the option will fully vest and become exercisable the day before the 2027 annual meeting, provided Shah continues to serve as a director through that date (per filing footnote).
• Shares owned after transaction: not specified in the excerpt of the filing provided.
• Reason/plan: automatic annual stock option award under Omeros’ non-employee director compensation policy (routine, not a 10b5-1 sale or tax withholding event).

Context

• This is a standard director compensation grant, not an open‑market purchase or sale. Such awards are common and do not by themselves indicate the insider is buying or selling stock for investment reasons.
• For investors tracking insider activity, purchases (cash acquisitions) are generally more direct signals than routine option awards; treat this as compensation-related rather than a trading signal.