STOCK TITAN

Adagene Inc. (ADAG) director Ulf Grawunder granted 20,000 options at $3.00

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Adagene Inc. reported that director Ulf Grawunder received a grant of 20,000 nonqualified stock options on 2026-08-13. The options carry an exercise price of $3.00 per ordinary share and expire on 2036-08-13. Following this grant, Grawunder holds 85,000 options in total, and the transaction is indicated as made under a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.
Insider Grawunder Ulf
Role Director
Type Security Shares Price Value
Grant/Award Nonqualified Stock Option (Right to Buy) 20,000 $0.00 $0.00
Holdings After Transaction: Nonqualified Stock Option (Right to Buy) — 85,000 shares (Direct)
Options granted 20,000 options Nonqualified Stock Option grant on 2026-08-13
Exercise price $3.00 per share Exercise price for newly granted options
Expiration date 2036-08-13 Expiration of the 20,000 option grant
Options held after grant 85,000 options Total derivative holdings following this award
Nonqualified Stock Option financial
"The security is described as a Nonqualified Stock Option (Right to Buy)"
A nonqualified stock option (NQSO) is a company grant that gives an individual the right to buy shares at a set price but does not meet special tax rules for incentive stock options; when exercised the difference between the market price and the exercise price is treated as ordinary income for the recipient and as a tax-deductible expense for the company. It matters to investors because NQSOs affect an employee’s after-tax proceeds, the company’s reported expenses, and potential share dilution—think of it like a cash bonus that converts into stock but is taxed as regular pay when you take it.
Rule 10b5-1 trading plan regulatory
"The transaction is indicated as made under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
exercise price financial
"The options carry an exercise price of $3.00 per ordinary share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"The options have an expiration date of 2036-08-13"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

FAQ

What did Adagene Inc. (ADAG) disclose about Ulf Grawunder in this Form 4?

Adagene Inc. disclosed that director Ulf Grawunder received a grant of 20,000 nonqualified stock options on 2026-08-13 at an exercise price of $3.00 per share, expiring on 2036-08-13.

How many Adagene (ADAG) options does Ulf Grawunder hold after this grant?

After the reported grant, Ulf Grawunder holds a total of 85,000 nonqualified stock options in Adagene Inc. This figure reflects his derivative holdings following the award of 20,000 additional options reported in this Form 4.

What are the key terms of Ulf Grawunder’s new Adagene (ADAG) stock options?

The new options cover 20,000 ordinary shares at an exercise price of $3.00 per share and have an expiration date of 2036-08-13. They are classified as Nonqualified Stock Options (Right to Buy).

Was Ulf Grawunder’s Adagene (ADAG) option grant under a Rule 10b5-1 plan?

Yes. The filing indicates, via the Rule 10b5-1 checkbox, that the reported derivative grant was affirmed under a trading plan, meaning its terms were pre-arranged in accordance with Rule 10b5-1.

Did Ulf Grawunder buy or sell any Adagene (ADAG) shares in the market?

No market purchases or sales are reported. The Form 4 shows an acquisition of 20,000 stock options as a grant/award, with no open-market buy or sell transactions disclosed in this filing.

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

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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).
X
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*
Grawunder Ulf

(Last)(First)(Middle)
RUETENENSTRASSE 41

(Street)
BECKENRIED6375

(City)(State)(Zip)

SWITZERLAND

(Country)
2. Issuer Name and Ticker or Trading Symbol
Adagene Inc. [ ADAG ]
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)
08/13/2026
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
Nonqualified Stock Option (Right to Buy)$308/13/2026AV20,00004/30/202708/13/2036Ordinary Shares20,000$085,000D
Explanation of Responses:
Ulf Grawunder08/14/2026
** 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)