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Achieve Life Sciences (NASDAQ: ACHV) awards stock options and RSUs to director

(Neutral)
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Form Type
4

Rhea-AI Filing Summary

Achieve Life Sciences director Christopher Nathan received equity compensation on July 27, 2026, consisting of stock options for 25,000 shares with a $6.18 exercise price expiring July 27, 2036, and 16,700 RSUs. Both awards vest 100% on the earlier of July 27, 2027 or immediately before the 2027 annual meeting, subject to continued service.

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Insider Martin Christopher Nathan
Role Director
Type Security Shares Price Value
Grant/Award Stock Option (right to buy) F1 25,000 $0.00 $0.00
Grant/Award Restricted Stock Unit (RSU) F2, F3 16,700 $0.00 $0.00
Holdings After Transaction: Stock Option (right to buy) — 25,000 shares (Direct); Restricted Stock Unit (RSU) — 16,700 shares (Direct)
Footnotes (3)
  1. F1. The options vest 100% on the earlier of July 27, 2027 or the date immediately prior to the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's provision of service to the Issuer on the vesting date.
  2. F2. Each RSU represents a contingent right to receive one share of the Issuer's common stock at settlement.
  3. F3. Pursuant to the terms of the RSU, the shares underlying the RSU vest 100% on the earlier of July 27, 2027 or the date immediately prior to the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's provision of service to the Issuer on the vesting date.
Stock options granted 25,000 shares Stock Option grant to director on July 27, 2026
Option exercise price $6.18 per share Exercise price for 25,000 stock options
Option expiration July 27, 2036 Expiration date of granted stock options
RSUs granted 16,700 units Restricted Stock Unit grant on July 27, 2026
Full vesting trigger date July 27, 2027 Earlier of this date or just before 2027 annual meeting for 100% vesting
Stock Option (right to buy) financial
"Security titled Stock Option (right to buy) with $6.18 exercise price"
Restricted Stock Unit (RSU) financial
"Security titled Restricted Stock Unit (RSU) representing common stock"
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
contingent right financial
"Each RSU represents a contingent right to receive one share"
vesting financial
"The options vest 100% on the earlier of July 27, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What equity awards did ACHV director Christopher Nathan receive on July 27, 2026?

He received 25,000 stock options and 16,700 restricted stock units (RSUs) tied to Achieve Life Sciences common stock. These awards represent additional equity-based compensation granted to him as a director on that date.

What are the key terms of the stock options granted to ACHV director Christopher Nathan?

The stock options cover 25,000 shares at an exercise price of $6.18 per share, expiring on July 27, 2036. They vest 100% on the earlier of July 27, 2027 or immediately before the 2027 annual stockholders’ meeting, subject to continued service.

How do the RSUs granted to ACHV director Christopher Nathan vest?

The 16,700 RSUs vest 100% on the earlier of July 27, 2027 or the date immediately prior to Achieve Life Sciences’ 2027 annual meeting. Vesting requires that he continue providing service to the company through the applicable vesting date.

What does each RSU granted to ACHV director Christopher Nathan represent?

Each RSU represents a contingent right to receive one share of Achieve Life Sciences common stock upon settlement. Actual share delivery occurs only after the vesting conditions are met and settlement takes place under the award terms.

Were ACHV director Christopher Nathan’s July 27, 2026 awards made under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is marked as not applicable (unchecked), and the footnotes describe standard vesting terms. It identifies these transactions as equity grants rather than trades executed under a pre-arranged 10b5-1 trading plan.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Martin Christopher Nathan

(Last)(First)(Middle)
22722 29TH DR. SE
SUITE 100

(Street)
BOTHELL WASHINGTON 98021

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ACHIEVE LIFE SCIENCES, INC. [ ACHV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$6.1807/27/2026A25,000 (1)07/27/2036Common Stock25,000$025,000D
Restricted Stock Unit (RSU)(2)07/27/2026A16,700 (3)07/27/2036Common Stock16,700$016,700D
Explanation of Responses:
1. The options vest 100% on the earlier of July 27, 2027 or the date immediately prior to the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's provision of service to the Issuer on the vesting date.
2. Each RSU represents a contingent right to receive one share of the Issuer's common stock at settlement.
3. Pursuant to the terms of the RSU, the shares underlying the RSU vest 100% on the earlier of July 27, 2027 or the date immediately prior to the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's provision of service to the Issuer on the vesting date.
Sandra Thomson as attorney-in-fact07/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)