Adagio Medical (ADGM) CEO Todd Usen awarded 800,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Adagio Medical Holdings, Inc. director and Chief Executive Officer Todd Usen reported an acquisition of derivative securities through an option grant. He received 800,000 Employee Stock Options (Right to Buy) on March 6, 2026 as a grant or award, held directly.
According to the award terms, 25% of the options will vest on March 6, 2027, with the remaining options vesting in 36 equal monthly installments thereafter under the company’s 2024 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Usen Todd
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options (Right to Buy) | 800,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Options (Right to Buy) — 800,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ADGM CEO Todd Usen report on this Form 4?
Todd Usen reported an acquisition of derivative securities through an award of 800,000 Employee Stock Options. These options were granted under Adagio Medical Holdings’ 2024 Equity Incentive Plan and are reported as being held directly by him.
What type of security did the ADGM Form 4 disclose for Todd Usen?
The filing discloses Employee Stock Options (Right to Buy) granted to Todd Usen. These are derivative securities that give him the right to purchase Adagio Medical Holdings, Inc. shares in the future, subject to the vesting schedule described in the award.
How many stock options did ADGM grant to CEO Todd Usen?
Adagio Medical Holdings, Inc. granted Todd Usen 800,000 Employee Stock Options. After this grant, the total number of these options reported as held by him is also 800,000, reflecting this new award under the company’s 2024 Equity Incentive Plan.
What is the vesting schedule for Todd Usen’s 800,000 ADGM options?
The options vest over four years. 25% of the grant vests on March 6, 2027. The remaining shares subject to the option vest in 36 equal monthly installments after that initial vesting date, according to the footnote description.
Are Todd Usen’s ADGM stock options held directly or indirectly?
The Form 4 shows the ownership of the 800,000 Employee Stock Options as direct. The direct_or_indirect field is coded as “D,” indicating direct ownership, with no additional entity listed in the nature of ownership field.
Under which plan were the 800,000 ADGM options to Todd Usen granted?
The stock options were granted under Adagio Medical Holdings, Inc.’s 2024 Equity Incentive Plan. The footnote clarifies that the Employee Stock Options were issued pursuant to this plan and outlines the four-year vesting structure tied to specified future dates.