EDAP TMS (EDAP) grants CFO new RSUs and stock options
Rhea-AI Filing Summary
EDAP TMS SA’s Chief Financial Officer, Kenneth S. Mobeck, received new equity awards as part of his compensation. He was granted 120,000 restricted stock units (RSUs), each representing one share of EDAP common stock, bringing his direct common stock holdings to 176,610 shares.
Under the 2025-2 Restricted Stock Unit (Free Share) Plan, one-half of the RSUs will vest on the second anniversary of the May 12, 2026 grant date, with the remaining half vesting in equal installments every six months through the fourth anniversary. He was also granted stock options on 144,141 shares at an exercise price of $4.17 per share, expiring on May 12, 2036. One-sixth of these options become exercisable six months after grant, with the remaining five-sixths vesting monthly through the third anniversary.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 144,141 | $0.00 | -- |
| Grant/Award | Common Stock | 120,000 | $0.00 | -- |
Footnotes (1)
- Common Stock for the issuer refers to the issuer's ordinary shares. Represents restricted stock units ("RSUs") granted pursuant to the 2025-2 Restricted Stock Unit (Free Share) Plan of the issuer on May 12, 2026, one-half of which will vest on the second anniversary of the date of grant and the remaining one-half will vest in equal installments every 6 months thereafter through the fourth anniversary of the date of grant. Each RSU represents the right to receive one share of EDAP common stock upon settlement. The option exercise price reflected was converted from 3.54 euros to U.S. dollars based on an exchange rate of EUR 1 to USD 1.1784. The options, which were granted on May 12, 2026, will become exercisable with respect to one-sixth of the options on the six-month anniversary of the date of grant and the remaining five-sixths of the options will become exercisable on a monthly basis thereafter through the third anniversary of the date of grant.