O'Farrell Elizabeth G. 4

What Happened

• Elizabeth G. O'Farrell, a member of Geron Corporation's board of directors, received a derivative award covering 220,000 shares on May 20, 2026. The Form 4 reports the acquisition price as $0.00 (transaction coded as an award/grant).
• This was a grant (not an open-market purchase or sale); no immediate cash sale occurred.

Key Details

• Transaction date: May 20, 2026. Filing date (Form 4): May 26, 2026 — filed after the two-business-day window for Form 4s (i.e., appears late).
• Award size: 220,000 shares; reported acquisition price: $0.00; total reported value: $0 (derivative award as reported).
• Vesting/exercisability: Footnote states the option will vest and become exercisable 100% on the earlier of (i) the date of the next annual meeting or (ii) the first anniversary of the grant, subject to O'Farrell's continuous service through such date.
• Post-transaction share ownership: Not disclosed in the provided filing summary.

Context

• This is a derivative equity grant to a director, which typically ties compensation to future service and long-term stock performance rather than an immediate bullish market purchase.
• Because it is an award/option, it does not necessarily reflect current trading intent; vesting and exercisability conditions mean the economic benefit depends on future events and continued service.