Addex Therapeutics (ADXN) director details 219,561 shares and 50,000 options
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Addex Therapeutics director Isaac Manke reported his initial holdings. He directly owns 219,561 shares of Common Stock listed on the SIX Swiss Exchange and holds stock options on 50,000 shares of Common Stock with a $0.064 exercise price.
The stock options began vesting in equal monthly installments over a four-year period starting on January 8, 2024 and expire on January 7, 2034. The exercise price is reported in U.S. dollars based on a CHF-to-USD exchange rate as of March 12, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Manke Isaac
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock-option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock-option (Right to Buy) — 50,000 shares (Direct);
Common Stock — 219,561 shares (Direct)
Footnotes (1)
- Represents 219,561 shares of Common Stock listed on SIX Swiss Exchange. The stock-options vest on equal monthly installments over a 4-year period beginning at the exercisable date. Each stock-option grants to right to purchase one ADXN share listed on SIX Swiss Exchange. The exercise price is reported in U.S. dollars and reflects the conversion from CHF to USD at an exchange rate of $ 1.2769 per CHF 1.00 as of March 12, 2026.
FAQ
What stock options does Isaac Manke hold in Addex Therapeutics (ADXN)?
He holds stock options over 50,000 shares of Addex Therapeutics Common Stock. Each option allows purchase of one ADXN share listed on the SIX Swiss Exchange, providing additional potential equity exposure beyond his directly held common shares.
What is the exercise price and currency basis of Isaac Manke’s Addex (ADXN) options?
The stock options have an exercise price of $0.064 per share. This price is reported in U.S. dollars and reflects conversion from Swiss francs using an exchange rate of $1.2769 per CHF 1.00 as of March 12, 2026.
How do Isaac Manke’s Addex (ADXN) stock options vest over time?
The options vest in equal monthly installments over four years, beginning on the exercisable date of January 8, 2024. This schedule gradually increases his exercisable option holdings rather than granting full vesting on a single date.
When do Isaac Manke’s Addex Therapeutics (ADXN) stock options expire?
The reported stock options expire on January 7, 2034. After this expiration date, any unexercised options would lapse, limiting the time window during which he can choose to purchase Addex Therapeutics Common Stock under these option terms.