EDAP TMS (NASDAQ: EDAP) CAO discloses stock and option holdings
Rhea-AI Filing Summary
EDAP TMS SA’s Chief Accounting Officer, Francois Mattieu Dietsch, has filed an initial statement of beneficial ownership. As of January 1, 2026, he directly owns 12,000 shares of EDAP TMS common stock.
He also holds several stock option awards, each giving the right to buy additional common shares at fixed exercise prices in U.S. dollars that were converted from euros. These grants cover 20,000 shares at $3.78, 10,000 shares at $2.81, 10,000 shares at $3.11, 10,000 shares at $4.58, 7,500 shares at $6.57, and 15,000 shares at $1.74, with expirations ranging from April 2026 through June 2035. Each grant vests over time following its grant date, reflecting long-term incentive compensation.
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FAQ
What does the EDAP Form 3 filing report for Chief Accounting Officer Francois Mattieu Dietsch?
The filing reports initial beneficial ownership by Chief Accounting Officer Francois Mattieu Dietsch. It shows he directly holds 12,000 shares of EDAP TMS SA common stock and multiple stock option grants over additional shares, each with specified exercise prices and expiration dates.
How many EDAP TMS common shares does the reporting person directly own?
The reporting person directly owns 12,000 shares of EDAP TMS SA common stock, as shown in Table I under non-derivative securities beneficially owned.
What stock option grants are disclosed for the EDAP Chief Accounting Officer?
The filing lists stock options to purchase 20,000, 10,000, 10,000, 10,000, 7,500, and 15,000 EDAP TMS common shares, with exercise prices of $3.78, $2.81, $3.11, $4.58, $6.57, and $1.74, respectively, and expirations between April 2026 and June 2035.
How do the EDAP stock options for the Chief Accounting Officer vest?
For the option grants dated April 26, 2016, April 25, 2017, August 29, 2018, April 4, 2019, and June 11, 2021, one-sixth of each grant became exercisable six months after the grant date, with the remaining options becoming exercisable on a monthly basis through the third anniversary. The June 20, 2035 grant vests with one-sixth exercisable on December 20, 2025, and the remaining five-sixths in monthly installments of one-thirtieth thereafter.
Why are the EDAP stock option exercise prices shown in U.S. dollars?
The exercise prices were originally denominated in euros and are shown in U.S. dollars after conversion. Footnotes explain that prices were converted from euro amounts such as 3.22, 2.39, 2.65, 3.90, 5.59, and 1.48 euros using an exchange rate of EUR 1 to USD 1.1750.
What is the significance of this EDAP TMS SA insider ownership report for investors?
The report shows how the Chief Accounting Officer is aligned with shareholders through direct ownership of 12,000 common shares and a series of long-term stock option awards. It provides transparency into his equity-based compensation and potential future share ownership.