Adagene (NASDAQ: ADAG) director now holds 110,000 derivatives
Rhea-AI Filing Summary
Adagene Inc. director Do Cuong V received a grant of 20,000 nonqualified stock options on August 13, 2026 under the Adagene Inc. 2021 Performance Incentive Plan. The options have an exercise price of $3.00 per ordinary share and expire on August 13, 2036. They vest on April 30, 2027 or the date of the next Form 20-F filing, whichever is earlier. Following this award, the reporting person holds a total of 110,000 derivative securities related to Adagene ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DO CUONG V
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Nonqualified Stock Option (Right to Buy) F1 | 20,000 | $0.00 | $0.00 |
Holdings After Transaction:
Nonqualified Stock Option (Right to Buy) — 110,000 shares (Direct)
Footnotes (1)
- F1. 20,000 shares of stock option granted on August 13, 2026 under the Adagene Inc. 2021 Performance Incentive Plan, and the option shall vest on April 30, 2027 or the date of the next 20-F filing, whichever is earlier.
Key Figures
Options Granted: 20,000 shares
Exercise Price: $3.0000 per share
Total Derivative Holdings After Grant: 110,000.0000
+2 more
5 metrics
Options Granted
20,000 shares
Nonqualified stock options granted on August 13, 2026
Exercise Price
$3.0000 per share
Exercise price for the 20,000 nonqualified stock options
Total Derivative Holdings After Grant
110,000.0000
Total derivative securities held by reporting person following the transaction
Expiration Date
2036-08-13
Expiration date of the granted stock options
Vesting Date Reference
April 30, 2027
Options vest on April 30, 2027 or next Form 20-F filing date, whichever is earlier
Key Terms
Nonqualified Stock Option, Performance Incentive Plan, vesting
3 terms
Nonqualified Stock Option financial
"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.
Performance Incentive Plan financial
"under the Adagene Inc. 2021 Performance Incentive Plan"
vesting financial
"and the option shall vest on April 30, 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.
FAQ
What did Adagene (ADAG) insider Do Cuong V report in this Form 4?
Do Cuong V reported a grant of 20,000 nonqualified stock options for Adagene Inc. ordinary shares. The options were granted on August 13, 2026 under the company’s 2021 Performance Incentive Plan and increase his total derivative holdings to 110,000.
What is the exercise price of the new Adagene (ADAG) stock options?
The newly granted options have an exercise price of $3.00 per ordinary share. This means the holder can purchase Adagene ordinary shares at $3.00 upon exercise, subject to vesting and the August 13, 2036 expiration date.
When do the newly granted Adagene (ADAG) options to Do Cuong V vest?
The 20,000 Adagene options vest on April 30, 2027 or on the date of the next Form 20-F filing, whichever occurs earlier. Vesting must occur before the options can be exercised for ordinary shares.
How many Adagene (ADAG) derivative securities does Do Cuong V hold after this grant?
After this grant, Do Cuong V holds 110,000 derivative securities related to Adagene ordinary shares. This total includes the newly awarded 20,000 nonqualified stock options granted on August 13, 2026.
Is the Adagene (ADAG) Form 4 transaction a purchase or a grant of options?
The Form 4 reports a grant/award acquisition of stock options, not an open-market purchase. It records 20,000 nonqualified stock options awarded at a $3.00 exercise price under Adagene’s 2021 Performance Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.