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
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
Anish Bhatnagar
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Award
Common Stock
[F1][F2]2026-01-21+114,200→ 583,656 total - Award
Employee stock option (right to buy)
[F3]2026-01-21+131,400→ 131,400 totalExercise: $43.65Exp: 2036-01-21→ Common 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
Documents
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