ADC Therapeutics CMO awarded 285,200 ADCT shares
ADC Therapeutics SA Chief Medical Officer Receives Equity Award ADC Therapeutics SA granted Chief Medical Officer Zaki Mohamed an award covering 285,200 Common Shares on February 13, 2026.
Rhea-AI Filing Summary
ADC Therapeutics SA Chief Medical Officer Receives Equity Award
ADC Therapeutics SA granted Chief Medical Officer Zaki Mohamed an award covering 285,200 Common Shares on February 13, 2026. According to the footnotes, these shares will be delivered upon settlement of restricted share units that vest one-third on the first anniversary of the grant date and one-third on each anniversary thereafter, subject to continued service.
On the same date, 24,603 Common Shares were withheld by the company to cover Mr. Mohamed’s tax withholding obligations related to previously granted restricted share units that vested. After these transactions, he directly owned 682,417 Common Shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 285,200 | $3.99 | $1.14M |
| Exercise Price or Tax Liability | Common Shares | 24,603 | $3.99 | $98K |
Footnotes (2)
- F1. Represents Common Shares to be delivered in settlement of a restricted share unit award which vests one-third on the first anniversary of the grant date, which grant date is February 13, 2026, and then one-third on each anniversary date thereafter, upon continued service through the designated vesting event.
- F2. Represents the number of Common Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted share units previously granted.
FAQ
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What role does Zaki Mohamed hold at ADC Therapeutics (ADCT) in this Form 4?
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