EDAP CEO Rhodes Ryan (NASDAQ: EDAP) details stock and option stake
Rhea-AI Filing Summary
EDAP TMS SA filed an initial ownership report for Chief Executive Officer and Director Rhodes Ryan. As of January 1, 2026, he beneficially owned 301,149 shares of EDAP common stock directly, including restricted stock units granted under the company’s 2025 RSU (Free Share) Plan. These RSUs each represent one share of common stock, with four-sixths vesting on the second anniversary of the June 20, 2025 grant date and the remaining two-sixths vesting in installments on December 20, 2027 and June 20, 2028.
He also directly holds several stock option awards over EDAP common stock: 800,000 options granted June 11, 2021 at an exercise price of $6.57, 200,000 options granted May 2, 2023 at $11.87, 100,000 options granted March 26, 2024 at $8.03, and 500,000 options granted April 15, 2025 at $1.42. These options become exercisable in tranches beginning six months after each grant date and then on a monthly basis through the third anniversary of the respective grants.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Includes restricted stock units ("RSUs") granted pursuant to the 2025 RSU (Free Share) Plan of the Company on June 20, 2025. Each RSU represents the right to receive one share of EDAP common stock, four-sixths of which will vest on the second anniversary of the date of grant and the remaining two-sixths will vest in two installments on December 20, 2027 and on June 20, 2028, respectively. The options, which were granted on June 11, 2021, became exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and became exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options. The option exercise price reflected was converted from 5.59 euros to U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750. The options, which were granted on May 2, 2023, became exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and became exercisable or will become exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options. The option exercise price reflected was converted from 10.10 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750. The options, which were granted on March 26, 2024, became exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and became exercisable or will become exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options. The option exercise price reflected was converted from 6.83 euros to U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750. The options, which were granted on April 15, 2025, became exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and became exercisable or will become exercisable on a monthly basis thereafter through the third anniversary of the date of grant with respect to the remaining options. The option exercise price reflected was converted from 1.21 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750.
FAQ
What does this Form 3 filing show about EDAP (EDAP) insider ownership?
The Form 3 shows that Chief Executive Officer and Director Rhodes Ryan is a reporting person for EDAP TMS SA and discloses his initial beneficial ownership in the company’s common stock and stock options as of January 1, 2026.
How and when do EDAP (EDAP) RSUs for Rhodes Ryan vest?
The RSUs granted on June 20, 2025 each represent one EDAP common share. Four-sixths of the RSUs vest on the second anniversary of the grant date, and the remaining two-sixths vest in two installments on December 20, 2027 and June 20, 2028, respectively.
What is the vesting schedule for the EDAP (EDAP) stock options held by Rhodes Ryan?
For each option grant, one-sixth of the options became exercisable on the six-month anniversary of the grant date. The remaining options became or will become exercisable on a monthly basis thereafter through the third anniversary of the respective grant dates.
Why are EDAP (EDAP) option exercise prices shown in U.S. dollars?
The exercise prices were originally set in euros and then shown in U.S. dollars using an exchange rate of EUR 1 to USD 1.1750 for each grant, as explained in the footnotes.