Director Gwen Melincoff granted 8,621 Chemomab (CMMB) ADS options at $1.86
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Chemomab Therapeutics Ltd. director Gwen A. Melincoff reported an initial option holding in American Depositary Shares. She holds a stock option covering 8,621 underlying ADS with an exercise price of $1.86 per share, granted on June 1, 2026.
The option vests and becomes exercisable in equal monthly installments over a 36‑month period starting on June 1, 2026, and expires on June 1, 2036. This filing is an initial statement of beneficial ownership rather than a market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Melincoff Gwen A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock option (right to buy American Depositary Shares) | -- | -- | -- |
Holdings After Transaction:
Stock option (right to buy American Depositary Shares) — 8,621 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Underlying ADS: 8,621 shares
Exercise price: $1.86 per share
Vesting period: 36 months
+2 more
5 metrics
Underlying ADS
8,621 shares
Underlying American Depositary Shares for reported stock option
Exercise price
$1.86 per share
Stock option exercise price
Vesting period
36 months
Equal monthly vesting starting June 1, 2026
Grant date
June 1, 2026
Option granted to reporting person
Expiration date
June 1, 2036
Option expiration
Key Terms
American Depositary Shares, Stock option (right to buy American Depositary Shares), vests and becomes exercisable, beneficial ownership
4 terms
vests and becomes exercisable financial
"vests and becomes exercisable in equal monthly installments over a 36-month period"
beneficial ownership financial
"This filing is an initial statement of beneficial ownership rather than a market purchase or sale."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What did Chemomab (CMMB) director Gwen Melincoff report on this Form 3?
Gwen A. Melincoff reported an initial holding of a stock option over 8,621 American Depositary Shares of Chemomab Therapeutics. The option represents compensation, not an open‑market trade, and establishes her starting derivative position as a director.
What are the key terms of Gwen Melincoff’s Chemomab (CMMB) stock option?
The stock option covers 8,621 underlying American Depositary Shares at an exercise price of $1.86 per share. It was granted on June 1, 2026, and expires on June 1, 2036, giving a 10‑year exercise window from grant date.
How does Gwen Melincoff’s Chemomab (CMMB) option vest over time?
The option granted to Gwen Melincoff vests and becomes exercisable in equal monthly installments over 36 months. Vesting starts on June 1, 2026, meaning the award gradually becomes exercisable over three years rather than all at once on the grant date.
What type of security is reported in Gwen Melincoff’s Chemomab (CMMB) Form 3?
The filing reports a derivative security: a stock option giving the right to buy American Depositary Shares of Chemomab Therapeutics. The option’s underlying security is 8,621 ADS, exercisable at $1.86 per share under the stated vesting schedule and expiration.