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4//SEC Filing

Anish Bhatnagar 4

Accession 0001614821-26-000001

CIK 0001484565other

Filed

Jan 22, 7:00 PM ET

Accepted

Jan 23, 6:00 PM ET

Size

8.0 KB

Accession

0001614821-26-000001

Research Summary

AI-generated summary of this filing

Updated

Soleno (SLNO) CEO Anish Bhatnagar Receives RSU Award

What Happened

  • Anish Bhatnagar, CEO of Soleno Therapeutics (SLNO), received equity awards on 2026-01-21: 114,200 restricted stock units (RSUs) and 131,400 RSUs (reported as a derivative award). Both awards were granted at $0.00 (no cash exchanged), for a total of 245,600 RSUs awarded.
  • These are awards (code A on the Form 4). One set (114,200 RSUs) is subject to a single vesting date; the other set is described as RSUs subject to applicable vesting schedules and conditions.

Key Details

  • Transaction date: 2026-01-21; filing date: 2026-01-23 (filed timely).
  • Grant price: $0.00 per RSU; total immediate cash value reported: $0.
  • Total RSUs granted: 114,200 + 131,400 = 245,600 RSUs.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes of note:
    • F1: The 114,200 RSUs vest 100% on December 15, 2027, contingent on continued service.
    • F2: The 131,400 RSUs are RSUs subject to the applicable vesting schedule and conditions of each RSU.
    • F3: Separately, certain option awards held by the reporting person vest 1/48th monthly beginning Feb 1, 2026 (this describes existing option vesting, not the new RSU grants).
  • Transaction type: Award/Grant (A). These are contingent RSUs, not immediate shares.

Context

  • RSUs are contingent rights to receive common stock upon vesting; they do not represent immediate ownership or a cash purchase signal. Vesting schedules determine when the CEO will actually receive shares.
  • This filing reports newly granted compensation equity to the CEO and was filed within the SEC’s required timeframe.

Insider Transaction Report

Form 4
Period: 2026-01-21
Anish Bhatnagar
DirectorCHIEF EXECUTIVE OFFICER
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-01-21+114,200583,656 total
  • Award

    Employee stock option (right to buy)

    [F3]
    2026-01-21+131,400131,400 total
    Exercise: $43.65Exp: 2036-01-21Common Stock (131,400 underlying)
Footnotes (3)
  • [F1]These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. 100% of the RSUs shall vest on December 15, 2027, subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2014 Equity Incentive Plan) through such date.
  • [F2]Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
  • [F3]1/48th of the shares subject to the option shall vest on February 1, 2026 and each one-month anniversary thereafter, subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2014 Equity Incentive Plan) through each such date.
Signature
/s/ Anish Bhatnagar|2026-01-23

Issuer

SOLENO THERAPEUTICS INC

CIK 0001484565

Entity typeother

Related Parties

1
  • filerCIK 0001614821

Filing Metadata

Form type
4
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 6:00 PM ET
Size
8.0 KB