---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-167476"
form_type: "8-K"
ticker: "PHAT"
cik: "0001783183"
company_name: "Phathom Pharmaceuticals, Inc."
filed_at: "2023-06-15T23:59:59+00:00"
generated_at: "2026-06-14T00:26:37.626246+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Phathom launches voluntary stock option exchange for RSUs at 2-for-1 ratio

## Summary
- Eligible employees and consultants can exchange outstanding stock options for RSUs at a 2-for-1 ratio (one RSU per two options).
- Option exchange commenced June 15, 2023; participants must remain employed through expiration.
- Non-employee board members are excluded from participation.
- Exchange is made under the 2019 Incentive Award Plan via a tender offer statement on Schedule TO.

## SEC filing metadata
- accession: 0001193125-23-167476
- form_type: 8-K
- ticker: PHAT
- cik: 0001783183
- company_name: Phathom Pharmaceuticals, Inc.
- filed_at: 2023-06-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783183/000119312523167476/0001193125-23-167476-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783183/000119312523167476/d523149d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-167476
- JSON: https://secwatch.observer/filing/0001193125-23-167476.json
- Plain text: https://secwatch.observer/filing/0001193125-23-167476.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.