Bhalla Narinder Pal 4
4 · Lexeo Therapeutics, Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Lexeo (LXEO) CMO Narinder Bhalla Receives RSU and Option Awards
What Happened
- Narinder Bhalla, Chief Medical Officer of Lexeo Therapeutics (LXEO), was granted equity awards on 2026-02-13: 49,500 restricted stock units (RSUs) and a 297,000-share derivative award (reported as $0 cost). These are awards (code A) — not open-market purchases or sales — and will vest according to the schedules below. There was no cash paid by the reporting person at grant.
Key Details
- Transaction date reported: 2026-02-13; Form filed 2026-02-17. No late-filing flag is indicated in the Form 4.
- Awards: 49,500 RSUs (each converts to one share upon vesting) and a 297,000-share derivative award (appears to be an option/derivative grant).
- Price: $0.00 reported (typical for compensation grants).
- Shares owned after transaction: not disclosed in the filing.
- Vesting/footnotes:
- RSUs (49,500): 25% vest on Feb 15, 2027, then 1/16th of the original grant vests on each standard quarterly vesting date thereafter, subject to continued service (Footnote F1/F2).
- Derivative award (297,000): 25% of the underlying shares vest on Jan 20, 2027, then 1/48th vests monthly thereafter, subject to continuous service (Footnote F3).
Context
- These awards are standard equity compensation and do not represent an immediate market purchase or sale; they convert to shares or become exercisable only as they vest. Such grants are typically part of executive compensation and reflect expected future service rather than a direct bullish or bearish signal.
Insider Transaction Report
Form 4
Bhalla Narinder Pal
Chief Medical Officer
Transactions
- Award
Common Stock
[F1][F2]2026-02-13+49,500→ 49,500 total - Award
Stock Option (right to buy)
[F3]2026-02-13+297,000→ 297,000 totalExercise: $6.31Exp: 2036-02-12→ Common Stock (297,000 underlying)
Footnotes (3)
- [F1]The reported securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. Twenty-five percent (25%) of the RSUs shall vest on February 15, 2027, and 1/16th of the RSUs shall vest in quarterly installments thereafter on the Issuer's standard quarterly vesting dates, subject to the Reporting Person's continued service through each applicable vesting date.
- [F2]Includes 49,500 RSUs.
- [F3]25% of the shares underlying the option vest and become exercisable on January 20, 2027, and 1/48th of the shares underlying the option shall vest in monthly installments thereafter, subject to the Reporting Person's continuous service.
Signature
/s/ Carole Rosenberg, Attorney-in-Fact|2026-02-17