STOCK TITAN

[Form 4] Journey Medical Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Journey Medical Corp. (DERM) – Form 4 insider transaction

On June 25 2025, Director Dr. Lindsay A. Rosenwald received 7,173 restricted stock units (RSUs) at a cost of $0 under the company’s 2015 Stock Plan. The RSUs will vest in full on June 25 2026.

After this grant, Dr. Rosenwald beneficially owns 161,146 shares directly and 176,470 shares indirectly through a limited-liability company of which she is the managing member—an aggregate of 337,616 common shares. No shares were sold, and no derivative securities were involved.

The filing reflects routine equity compensation intended to align the director’s interests with shareholders. The grant size is modest relative to typical daily trading volume and does not materially affect the company’s share count or control structure.

Journey Medical Corp. (DERM) – Transazione interna Form 4

Il 25 giugno 2025, la Direttrice Dr.ssa Lindsay A. Rosenwald ha ricevuto 7.173 unità azionarie vincolate (RSU) a costo zero nell’ambito del Piano Azionario 2015 della società. Le RSU matureranno completamente il 25 giugno 2026.

Dopo questa assegnazione, la Dr.ssa Rosenwald detiene beneficiariamente 161.146 azioni direttamente e 176.470 azioni indirettamente tramite una società a responsabilità limitata di cui è membro gestore—per un totale di 337.616 azioni ordinarie. Non sono state vendute azioni né coinvolti strumenti derivati.

La comunicazione riflette una normale compensazione azionaria volta ad allineare gli interessi della direttrice con quelli degli azionisti. La dimensione della concessione è modesta rispetto al volume medio giornaliero di scambi e non incide in modo significativo sul numero di azioni in circolazione o sulla struttura di controllo della società.

Journey Medical Corp. (DERM) – Transacción interna Formulario 4

El 25 de junio de 2025, la Directora Dra. Lindsay A. Rosenwald recibió 7,173 unidades de acciones restringidas (RSUs) sin costo alguno bajo el Plan de Acciones 2015 de la compañía. Las RSUs se consolidarán completamente el 25 de junio de 2026.

Después de esta concesión, la Dra. Rosenwald posee beneficiosamente 161,146 acciones directamente y 176,470 acciones indirectamente a través de una sociedad de responsabilidad limitada de la cual es miembro gerente—un total de 337,616 acciones ordinarias. No se vendieron acciones ni se involucraron valores derivados.

La presentación refleja una compensación accionaria rutinaria destinada a alinear los intereses de la directora con los de los accionistas. El tamaño de la concesión es modesto en relación con el volumen típico de negociación diaria y no afecta materialmente el número de acciones ni la estructura de control de la empresa.

Journey Medical Corp. (DERM) – 내부자 거래 Form 4 보고

2025년 6월 25일, 이사인 Dr. Lindsay A. Rosenwald는 회사의 2015년 주식 계획에 따라 비용 없이 7,173개의 제한 주식 단위(RSU)를 받았습니다. 이 RSU는 2026년 6월 25일에 전액 완전히 취득됩니다.

이번 부여 후, Rosenwald 박사는 직접 보유한 161,146주와 관리 멤버인 유한책임회사를 통해 간접 보유한 176,470주를 합쳐 총 337,616 보통주를 실질적으로 소유하고 있습니다. 주식 매도나 파생상품 거래는 없었습니다.

이번 신고는 이사의 이익을 주주와 일치시키기 위한 일상적인 주식 보상임을 반영합니다. 부여 규모는 일반적인 일일 거래량에 비해 적으며 회사의 주식 수나 지배 구조에 실질적인 영향을 미치지 않습니다.

Journey Medical Corp. (DERM) – Transaction d’initié Formulaire 4

Le 25 juin 2025, la directrice Dr Lindsay A. Rosenwald a reçu 7 173 unités d’actions restreintes (RSU) sans coût dans le cadre du Plan d’actions 2015 de la société. Les RSU seront entièrement acquises le 25 juin 2026.

Après cette attribution, le Dr Rosenwald détient bénéficiairement 161 146 actions directement et 176 470 actions indirectement via une société à responsabilité limitée dont elle est membre gérante — soit un total de 337 616 actions ordinaires. Aucune action n’a été vendue et aucun instrument dérivé n’a été impliqué.

Cette déclaration reflète une rémunération en actions de routine visant à aligner les intérêts de la directrice avec ceux des actionnaires. La taille de l’attribution est modeste par rapport au volume moyen quotidien de transactions et n’affecte pas de manière significative le nombre d’actions en circulation ni la structure de contrôle de la société.

Journey Medical Corp. (DERM) – Insider-Transaktion Form 4

Am 25. Juni 2025 erhielt die Direktorin Dr. Lindsay A. Rosenwald 7.173 Restricted Stock Units (RSUs) kostenfrei im Rahmen des Aktienplans 2015 des Unternehmens. Die RSUs werden am 25. Juni 2026 vollständig unverfallbar.

Nach dieser Zuteilung besitzt Dr. Rosenwald wirtschaftlich 161.146 Aktien direkt und 176.470 Aktien indirekt über eine Gesellschaft mit beschränkter Haftung, bei der sie geschäftsführendes Mitglied ist – insgesamt 337.616 Stammaktien. Es wurden keine Aktien verkauft und keine Derivate gehandelt.

Die Meldung spiegelt eine routinemäßige Aktienvergütung wider, die darauf abzielt, die Interessen der Direktorin mit denen der Aktionäre in Einklang zu bringen. Die Größe der Zuteilung ist im Verhältnis zum typischen täglichen Handelsvolumen gering und hat keine wesentliche Auswirkung auf die Aktienanzahl oder die Kontrollstruktur des Unternehmens.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine RSU grant; negligible dilution, neutral investor impact.

This Form 4 records a standard annual equity award—7,173 RSUs—to Director Dr. Rosenwald. Post-grant ownership rises to 337,616 shares (direct + indirect). Because the award represents an immaterial fraction of Journey Medical’s outstanding shares and involves no open-market purchase or sale, it neither signals insider bullishness nor raises dilution concerns. Overall, the disclosure is governance-neutral and unlikely to influence valuation or liquidity.

TL;DR: Standard board compensation, shows alignment but not strategically significant.

The RSU grant follows the company’s established 2015 Stock Plan, vesting over 12 months, which encourages board retention and shareholder alignment. Indirect holdings through an LLC are properly disclosed, meeting SEC transparency requirements. No red flags emerge regarding excessive compensation or control concentration. The filing is administratively important but strategically non-impactful.

Journey Medical Corp. (DERM) – Transazione interna Form 4

Il 25 giugno 2025, la Direttrice Dr.ssa Lindsay A. Rosenwald ha ricevuto 7.173 unità azionarie vincolate (RSU) a costo zero nell’ambito del Piano Azionario 2015 della società. Le RSU matureranno completamente il 25 giugno 2026.

Dopo questa assegnazione, la Dr.ssa Rosenwald detiene beneficiariamente 161.146 azioni direttamente e 176.470 azioni indirettamente tramite una società a responsabilità limitata di cui è membro gestore—per un totale di 337.616 azioni ordinarie. Non sono state vendute azioni né coinvolti strumenti derivati.

La comunicazione riflette una normale compensazione azionaria volta ad allineare gli interessi della direttrice con quelli degli azionisti. La dimensione della concessione è modesta rispetto al volume medio giornaliero di scambi e non incide in modo significativo sul numero di azioni in circolazione o sulla struttura di controllo della società.

Journey Medical Corp. (DERM) – Transacción interna Formulario 4

El 25 de junio de 2025, la Directora Dra. Lindsay A. Rosenwald recibió 7,173 unidades de acciones restringidas (RSUs) sin costo alguno bajo el Plan de Acciones 2015 de la compañía. Las RSUs se consolidarán completamente el 25 de junio de 2026.

Después de esta concesión, la Dra. Rosenwald posee beneficiosamente 161,146 acciones directamente y 176,470 acciones indirectamente a través de una sociedad de responsabilidad limitada de la cual es miembro gerente—un total de 337,616 acciones ordinarias. No se vendieron acciones ni se involucraron valores derivados.

La presentación refleja una compensación accionaria rutinaria destinada a alinear los intereses de la directora con los de los accionistas. El tamaño de la concesión es modesto en relación con el volumen típico de negociación diaria y no afecta materialmente el número de acciones ni la estructura de control de la empresa.

Journey Medical Corp. (DERM) – 내부자 거래 Form 4 보고

2025년 6월 25일, 이사인 Dr. Lindsay A. Rosenwald는 회사의 2015년 주식 계획에 따라 비용 없이 7,173개의 제한 주식 단위(RSU)를 받았습니다. 이 RSU는 2026년 6월 25일에 전액 완전히 취득됩니다.

이번 부여 후, Rosenwald 박사는 직접 보유한 161,146주와 관리 멤버인 유한책임회사를 통해 간접 보유한 176,470주를 합쳐 총 337,616 보통주를 실질적으로 소유하고 있습니다. 주식 매도나 파생상품 거래는 없었습니다.

이번 신고는 이사의 이익을 주주와 일치시키기 위한 일상적인 주식 보상임을 반영합니다. 부여 규모는 일반적인 일일 거래량에 비해 적으며 회사의 주식 수나 지배 구조에 실질적인 영향을 미치지 않습니다.

Journey Medical Corp. (DERM) – Transaction d’initié Formulaire 4

Le 25 juin 2025, la directrice Dr Lindsay A. Rosenwald a reçu 7 173 unités d’actions restreintes (RSU) sans coût dans le cadre du Plan d’actions 2015 de la société. Les RSU seront entièrement acquises le 25 juin 2026.

Après cette attribution, le Dr Rosenwald détient bénéficiairement 161 146 actions directement et 176 470 actions indirectement via une société à responsabilité limitée dont elle est membre gérante — soit un total de 337 616 actions ordinaires. Aucune action n’a été vendue et aucun instrument dérivé n’a été impliqué.

Cette déclaration reflète une rémunération en actions de routine visant à aligner les intérêts de la directrice avec ceux des actionnaires. La taille de l’attribution est modeste par rapport au volume moyen quotidien de transactions et n’affecte pas de manière significative le nombre d’actions en circulation ni la structure de contrôle de la société.

Journey Medical Corp. (DERM) – Insider-Transaktion Form 4

Am 25. Juni 2025 erhielt die Direktorin Dr. Lindsay A. Rosenwald 7.173 Restricted Stock Units (RSUs) kostenfrei im Rahmen des Aktienplans 2015 des Unternehmens. Die RSUs werden am 25. Juni 2026 vollständig unverfallbar.

Nach dieser Zuteilung besitzt Dr. Rosenwald wirtschaftlich 161.146 Aktien direkt und 176.470 Aktien indirekt über eine Gesellschaft mit beschränkter Haftung, bei der sie geschäftsführendes Mitglied ist – insgesamt 337.616 Stammaktien. Es wurden keine Aktien verkauft und keine Derivate gehandelt.

Die Meldung spiegelt eine routinemäßige Aktienvergütung wider, die darauf abzielt, die Interessen der Direktorin mit denen der Aktionäre in Einklang zu bringen. Die Größe der Zuteilung ist im Verhältnis zum typischen täglichen Handelsvolumen gering und hat keine wesentliche Auswirkung auf die Aktienanzahl oder die Kontrollstruktur des Unternehmens.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ROSENWALD LINDSAY A MD

(Last) (First) (Middle)
C/O JOURNEY MEDICAL CORPORATION
9237 E VIA DE VENTURA BLVD., SUITE 105

(Street)
SCOTTSDALE AZ 85258

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Journey Medical Corp [ DERM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.0001 par value 06/25/2025 A 7,173(1) A $0 161,146(2) D
Common Stock, $0.0001 par value 176,470 I See Footnote(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On June 25, 2025, the reporting person was granted 7,173 restricted stock units pursuant to the Issuer's 2015 Stock Plan, as amended, which will vest in full on June 25, 2026.
2. Includes restricted stock units, which vest over various time periods.
3. The shares are held by a limited liability company which the reporting person, as managing member, is deemed to have voting and investment power.
/s/ Ramsey Alloush, attorney-in-fact 07/07/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Journey Medical (DERM) shares did Dr. Rosenwald acquire?

She received 7,173 restricted stock units, each convertible into one common share upon vesting.

When do the newly granted RSUs vest?

The RSUs vest in full on June 25 2026.

What is Dr. Rosenwald’s total beneficial ownership after the transaction?

She now controls 337,616 Journey Medical shares—161,146 directly and 176,470 indirectly.

Did the Form 4 report any insider sales of DERM stock?

No. The filing shows only an acquisition of RSUs; no shares were sold.

What was the purchase price of the RSUs granted?

The RSUs were granted at $0 as part of equity compensation.
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