[Form 4] Septerna, Inc. Insider Trading Activity
Septerna, Inc. reporting person Elizabeth Bhatt, President and COO, was granted a stock option to acquire 95,000 shares of common stock with an $11.70 exercise price. The transaction is reported with a transaction date of 08/07/2025 and the option appears as a direct holding following the grant.
The option vests in equal monthly installments equal to 1/48th of the shares beginning August 1, 2025, subject to continued service, and the instrument shows an expiration date of 08/06/2035. The filing documents the grant terms but does not disclose the company鈥檚 outstanding share count or any cash paid for the award.
Septerna, Inc. la dichiarante Elizabeth Bhatt, Presidente e COO, ha ricevuto un'opzione su azioni per acquisire 95,000 azioni ordinarie con un prezzo di esercizio di $11.70. La transazione 猫 riportata con data di esecuzione 08/07/2025 e, a seguito della concessione, l'opzione risulta come una partecipazione diretta.
L'opzione matura in rate mensili uguali corrispondenti a 1/48th delle azioni a partire dal 1掳 agosto 2025, subordinatamente alla continuazione del rapporto di lavoro; lo strumento indica una scadenza al 08/06/2035. La documentazione allegata descrive i termini della concessione ma non specifica il numero di azioni in circolazione della societ脿 n茅 eventuali pagamenti in contanti per l'assegnazione.
Septerna, Inc., la persona informante Elizabeth Bhatt, Presidenta y COO, recibi贸 una opci贸n para adquirir 95,000 acciones ordinarias con un precio de ejercicio de $11.70. La operaci贸n figura con fecha de transacci贸n 08/07/2025 y la opci贸n aparece como una tenencia directa tras la concesi贸n.
La opci贸n se consolida en cuotas mensuales iguales equivalentes a 1/48th de las acciones a partir del 1 de agosto de 2025, sujeta a la continuidad en el servicio; el instrumento se帽ala una fecha de vencimiento del 08/06/2035. El expediente documenta los t茅rminos de la concesi贸n pero no revela el n煤mero de acciones en circulaci贸n de la compa帽铆a ni si se abon贸 efectivo por la adjudicaci贸n.
Septerna, Inc.鞚� 鞁犼碃鞚胳澑 靷灔 瓴� COO 鞐橂Μ鞛愲矤鞀� 氚旐姼(Elizabeth Bhatt)鞐愱矊 95,000欤检潣 氤错喌欤茧ゼ $11.70鞚� 頄夓偓臧�瓴╈溂搿� 旆摑頃� 靾� 鞛堧姅 鞀ろ啞鞓奠厴鞚� 攵�鞐悩鞐堨姷雼堧嫟. 瓯半灅鞚检潃 08/07/2025搿� 氤搓碃霅橃棃鞙茧┌, 攵�鞐� 歆來泟 頃措嫻 鞓奠厴鞚� 歆侅爲 氤挫湢搿� 響滌嫓霅橃柎 鞛堨姷雼堧嫟.
鞓奠厴鞚� 2025雲� 8鞗� 1鞚茧秬韯� 毵れ洈 霃欖澕頃� 牍勳湪鞚� 1/48th鞌� 氩犾姢韺呺悩氅� 瓿勳啀 攴茧臧� 臁瓣贝鞚搓碃, 毵岆鞚检潃 08/06/2035搿� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 鞝滌稖靹滊電� 攵�鞐� 臁瓣贝鞚� 氇呾嫓頃橁碃 鞛堨溂雮� 須岇偓鞚� 氚滍枆欤检嫕 靾橂倶 歆�旮夒悳 順勱笀 鞐秬電� 瓿店皽頃橃 鞎婈碃 鞛堨姷雼堧嫟.
Septerna, Inc., la personne d茅clarante Elizabeth Bhatt, Pr茅sidente et COO, s'est vu accorder une option d'achat portant sur 95,000 actions ordinaires au prix d'exercice de $11.70. L'op茅ration est d茅clar茅e 脿 la date du 08/07/2025 et l'option appara卯t comme une d茅tention directe apr猫s l'octroi.
L'option acquiert des droits par tranches mensuelles 茅gales correspondant 脿 1/48th des actions 脿 compter du 1er ao没t 2025, sous r茅serve de la poursuite du service; l'instrument indique une date d'expiration au 08/06/2035. Le dossier d茅crit les modalit茅s de l'octroi mais ne pr茅cise ni le nombre d'actions en circulation de la soci茅t茅 ni d'茅ventuels paiements en num茅raire pour l'attribution.
Septerna, Inc., meldende Person Elizabeth Bhatt, Pr盲sidentin und COO, wurde eine Aktienoption zum Erwerb von 95,000 Stammaktien mit einem Aus眉bungspreis von $11.70 gew盲hrt. Die Transaktion ist mit dem Datum 08/07/2025 angegeben und die Option erscheint nach der Gew盲hrung als Direktbestand.
Die Option vestet in gleichen monatlichen Raten in H枚he von 1/48th der Aktien ab dem 1. August 2025, vorbehaltlich fortgesetzter Dienstzeit; das Instrument weist ein Verfallsdatum vom 08/06/2035 auf. Die Einreichung dokumentiert die Gew盲hrungsbedingungen, nennt jedoch weder die ausstehenden Aktien der Gesellschaft noch etwaige Barauszahlungen f眉r die Zuteilung.
- 95,000-share stock option granted to Elizabeth Bhatt (President and COO)
- $11.70 exercise price for the option grant as disclosed
- Vesting schedule: 1/48th of shares vest monthly beginning August 1, 2025
- Expiration date: 08/06/2035 as shown in the filing
- Direct ownership of the option is disclosed (reported as Direct)
- None.
Insights
TL;DR: President/COO received a 95,000-share option grant at $11.70 with a 48-month monthly vesting schedule.
The grant increases the reporting person鈥檚 direct potential ownership by 95,000 shares through a newly acquired stock option. Key contract terms are explicit: $11.70 strike, monthly vesting of 1/48th starting August 1, 2025, and an expiration date of 08/06/2035. For valuation or dilution impact, the filing lacks outstanding share figures and current market price, so material financial impact cannot be quantified from this document alone. As a routine executive compensation event, it is informative for monitoring insider incentives but not, by itself, a definitive valuation signal.
TL;DR: Standard time鈥慴ased option award to an executive with multi鈥憏ear monthly vesting; governance disclosure appears complete for this award.
The filing discloses the essential grant mechanics and vesting schedule (1/48th monthly starting August 1, 2025) and identifies the reporting person鈥檚 role as President and COO. The option is recorded as a direct holding of 95,000 underlying shares. The document does not include additional governance context such as committee approval details or comparator metrics. Based solely on the filing, this is a typical equity compensation disclosure rather than an extraordinary corporate action.
Septerna, Inc. la dichiarante Elizabeth Bhatt, Presidente e COO, ha ricevuto un'opzione su azioni per acquisire 95,000 azioni ordinarie con un prezzo di esercizio di $11.70. La transazione 猫 riportata con data di esecuzione 08/07/2025 e, a seguito della concessione, l'opzione risulta come una partecipazione diretta.
L'opzione matura in rate mensili uguali corrispondenti a 1/48th delle azioni a partire dal 1掳 agosto 2025, subordinatamente alla continuazione del rapporto di lavoro; lo strumento indica una scadenza al 08/06/2035. La documentazione allegata descrive i termini della concessione ma non specifica il numero di azioni in circolazione della societ脿 n茅 eventuali pagamenti in contanti per l'assegnazione.
Septerna, Inc., la persona informante Elizabeth Bhatt, Presidenta y COO, recibi贸 una opci贸n para adquirir 95,000 acciones ordinarias con un precio de ejercicio de $11.70. La operaci贸n figura con fecha de transacci贸n 08/07/2025 y la opci贸n aparece como una tenencia directa tras la concesi贸n.
La opci贸n se consolida en cuotas mensuales iguales equivalentes a 1/48th de las acciones a partir del 1 de agosto de 2025, sujeta a la continuidad en el servicio; el instrumento se帽ala una fecha de vencimiento del 08/06/2035. El expediente documenta los t茅rminos de la concesi贸n pero no revela el n煤mero de acciones en circulaci贸n de la compa帽铆a ni si se abon贸 efectivo por la adjudicaci贸n.
Septerna, Inc.鞚� 鞁犼碃鞚胳澑 靷灔 瓴� COO 鞐橂Μ鞛愲矤鞀� 氚旐姼(Elizabeth Bhatt)鞐愱矊 95,000欤检潣 氤错喌欤茧ゼ $11.70鞚� 頄夓偓臧�瓴╈溂搿� 旆摑頃� 靾� 鞛堧姅 鞀ろ啞鞓奠厴鞚� 攵�鞐悩鞐堨姷雼堧嫟. 瓯半灅鞚检潃 08/07/2025搿� 氤搓碃霅橃棃鞙茧┌, 攵�鞐� 歆來泟 頃措嫻 鞓奠厴鞚� 歆侅爲 氤挫湢搿� 響滌嫓霅橃柎 鞛堨姷雼堧嫟.
鞓奠厴鞚� 2025雲� 8鞗� 1鞚茧秬韯� 毵れ洈 霃欖澕頃� 牍勳湪鞚� 1/48th鞌� 氩犾姢韺呺悩氅� 瓿勳啀 攴茧臧� 臁瓣贝鞚搓碃, 毵岆鞚检潃 08/06/2035搿� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 鞝滌稖靹滊電� 攵�鞐� 臁瓣贝鞚� 氇呾嫓頃橁碃 鞛堨溂雮� 須岇偓鞚� 氚滍枆欤检嫕 靾橂倶 歆�旮夒悳 順勱笀 鞐秬電� 瓿店皽頃橃 鞎婈碃 鞛堨姷雼堧嫟.
Septerna, Inc., la personne d茅clarante Elizabeth Bhatt, Pr茅sidente et COO, s'est vu accorder une option d'achat portant sur 95,000 actions ordinaires au prix d'exercice de $11.70. L'op茅ration est d茅clar茅e 脿 la date du 08/07/2025 et l'option appara卯t comme une d茅tention directe apr猫s l'octroi.
L'option acquiert des droits par tranches mensuelles 茅gales correspondant 脿 1/48th des actions 脿 compter du 1er ao没t 2025, sous r茅serve de la poursuite du service; l'instrument indique une date d'expiration au 08/06/2035. Le dossier d茅crit les modalit茅s de l'octroi mais ne pr茅cise ni le nombre d'actions en circulation de la soci茅t茅 ni d'茅ventuels paiements en num茅raire pour l'attribution.
Septerna, Inc., meldende Person Elizabeth Bhatt, Pr盲sidentin und COO, wurde eine Aktienoption zum Erwerb von 95,000 Stammaktien mit einem Aus眉bungspreis von $11.70 gew盲hrt. Die Transaktion ist mit dem Datum 08/07/2025 angegeben und die Option erscheint nach der Gew盲hrung als Direktbestand.
Die Option vestet in gleichen monatlichen Raten in H枚he von 1/48th der Aktien ab dem 1. August 2025, vorbehaltlich fortgesetzter Dienstzeit; das Instrument weist ein Verfallsdatum vom 08/06/2035 auf. Die Einreichung dokumentiert die Gew盲hrungsbedingungen, nennt jedoch weder die ausstehenden Aktien der Gesellschaft noch etwaige Barauszahlungen f眉r die Zuteilung.
FAQ
What option grant did Septerna (SEPN) report for Elizabeth Bhatt?
When does the 95,000-share option vest and expire for SEPN insider?
Was the SEPN option reported as direct or indirect ownership?
What transaction date is shown on the Form 4 for SEPN?
Does the filing disclose how much was paid for the option grant?
