EDAP TMS SA (EDAP) CAO discloses share and stock option holdings
Rhea-AI Filing Summary
EDAP TMS SA’s Chief Accounting Officer, Francois Mattieu Dietsch, filed an initial ownership report as of January 1, 2026. He beneficially owns 12,000 shares of common stock, held directly.
He also directly holds several grants of employee stock options over EDAP common stock, including options for 20,000 shares expiring April 26, 2026, 10,000 shares expiring April 25, 2027, and additional blocks of 10,000, 10,000, 7,500, and 15,000 shares with expirations ranging from August 29, 2028 through June 20, 2035. The filing footnotes explain that each option grant vests gradually starting six months after the grant date and that exercise prices were converted from euros into U.S. dollars using a stated exchange rate.
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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 | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The options, which were granted on April 26, 2016, 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 3.22 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750. The options, which were granted on April 25, 2017, 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 2.39 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750. The options, which were granted on August 29, 2018, 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 2.65 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750. The options, which were granted on April 4, 2019, 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 3.90 euros into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750. 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 into U.S. dollars based on an exchange rate of EUR 1 to USD 1.1750. One-sixth of the options became exercisable on December 20, 2025, which is the six-month anniversary of the date of grant, and with respect to the remaining five-sixths of the options, one-thirtieth become exercisable at the end of each month following the six-month anniversary of the date of grant. The option exercise price reflected was converted from 1.48 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 for EDAP TMS SA (EDAP)?
The filing shows that Chief Accounting Officer Francois Mattieu Dietsch has filed his initial statement of beneficial ownership, listing his directly held common shares and stock options in EDAP TMS SA.
What stock options are reported in this EDAP Form 3?
The report lists multiple stock option grants over EDAP common stock, including blocks of 20,000, 10,000, 10,000, 10,000, 7,500, and 15,000 underlying shares, each with its own exercise price and expiration date.
When do the EDAP stock options held by the officer vest?
Footnotes explain that each option grant generally became or becomes exercisable as to one-sixth of the options on the six-month anniversary of the grant date, then monthly through the third anniversary (or, for the 2025 grant, in monthly installments after that six-month mark).
How were the EDAP option exercise prices determined in U.S. dollars?
The filing states that each option exercise price was originally set in euros and then converted into U.S. dollars using an exchange rate of EUR 1 to USD 1.1750 for disclosure.
Does this EDAP Form 3 indicate any stock sales or purchases?
The report describes beneficial holdings of common stock and stock options as of January 1, 2026. It classifies the items as holdings rather than reporting new purchase or sale transactions.