Dable Habib J 4
Research Summary
AI-generated summary
PepGen Director Dable Habib Receives 34,000-Share Option Award
What Happened
- Dable Habib J, a director of PepGen, received a grant/award on 2026-06-18 consisting of 34,000 derivative shares (reported as acquired at $0.00). The filing reports this as an award/acquisition (compensatory derivative grant), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-06-18; 34,000 derivative shares at $0.00 per share (no cash consideration reported).
- Shares owned after the transaction: Not specified in the Form 4 filing.
- Footnote: The award vests in full upon the earlier of (i) the first anniversary of the grant date or (ii) the date of the next Annual Meeting; vesting ceases if the director stops serving unless the Board decides otherwise (see F1).
- Filing timeliness: Form 4 filed 2026-06-22; this appears to be within the required two business days following the 2026-06-18 transaction.
Context
- This was a compensatory derivative grant (an option/award), not a sale or market purchase. Such grants are common for director compensation and do not by themselves indicate the director is buying or selling shares in the open market. The vesting terms link continued ownership to ongoing service and company milestones (annual meeting or one-year anniversary).