SESSA CAPITAL (MASTER), L.P. exercised options at SAB BIOTHERAPEUTICS, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 10/1/2025ACC: 0001012975-25-000592
Director
Since Oct 2023
+1.72M
Net shares
Net buyer
$3.04M
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
1.74M acquired · 17.40K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+1.74M
Price / share
$1.75
Trade value
$3.04M
% of position
379.5%
9/29/2025
458.46K→2.20M
Total
Net shares
+1.74M
Net value
$3.04M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/29/2025 | M · Option Exercise | +1.74M | $1.75 | $3.04M | 379.5% | 458.46K | 2.20M |
| Total | +1.74M | $3.04M | ||||||
Derivative Transactions1
Series B Convertible Preferred Stock
Direct
Converts to
Common Stock
1.74M shares
Shares
−17.40K
Strike price
1.75
Held after
211.10K
Exercisable
—
9/29/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series B Convertible Preferred Stock Direct | Common Stock1.74M shares | 9/29/2025 | M · Option Exercise | −17.40K | 1.75 | — | 211.10K |