STOCK TITAN

EDAP TMS (EDAP) grants CFO new RSUs and stock options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

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Insider Mobeck Kenneth S.
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Stock Options 144,141 $0.00 --
Grant/Award Common Stock 120,000 $0.00 --
Holdings After Transaction: Stock Options — 144,141 shares (Direct, null); Common Stock — 176,610 shares (Direct, null)
Footnotes (1)
  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.
RSU grant 120,000 RSUs Granted May 12, 2026 under 2025-2 RSU Plan
Stock options granted 144,141 options Granted May 12, 2026, derivative security
Option exercise price $4.17 per share Converted from 3.54 euros using EUR 1 = USD 1.1784
Common shares held after grant 176,610 shares Post-transaction direct ownership reported
Option expiration date May 12, 2036 Expiration of 144,141 granted stock options
RSU vesting schedule 50% at 2 years, remaining semiannually to 4 years From May 12, 2026 grant under 2025-2 RSU Plan
Option vesting schedule 1/6 at 6 months, rest monthly to 3 years For options granted May 12, 2026
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted pursuant to the 2025-2 Restricted Stock Unit (Free Share) Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2025-2 Restricted Stock Unit (Free Share) Plan financial
"granted pursuant to the 2025-2 Restricted Stock Unit (Free Share) Plan of the issuer on May 12, 2026"
Stock Options financial
"The options, which were granted on May 12, 2026, will become exercisable with respect to one-sixth of the options"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
option exercise price financial
"The option exercise price reflected was converted from 3.54 euros to U.S. dollars"
exchange rate financial
"based on an exchange rate of EUR 1 to USD 1.1784"
Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.
SEC Form 4
FORM 4UNITED 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*
Mobeck Kenneth S.

(Last)(First)(Middle)
4410 EL CAMINO REAL
SUITE 150

(Street)
LOS ALTOS, CALIFORNIA 94022

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EDAP TMS SA [ EDAP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock(1)(2)05/12/2026A120,000A$0176,610D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options$4.17(3)05/12/2026A144,141 (4)05/12/2036Common Stock144,141$0144,141D
Explanation of Responses:
1. Common Stock for the issuer refers to the issuer's ordinary shares.
2. 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.
3. 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.
4. 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.
/s/ Blandine Confort, as Attorney-in-Fact05/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did EDAP (EDAP) grant to its CFO Kenneth S. Mobeck?

EDAP granted its CFO 120,000 restricted stock units and 144,141 stock options as compensation. The RSUs convert into common shares upon settlement, and the options allow purchase of common stock at a fixed $4.17 exercise price if vesting and exercise conditions are met.

How do the new RSUs for EDAP CFO Kenneth S. Mobeck vest?

The 120,000 RSUs vest over four years from the May 12, 2026 grant date. One-half vests on the second anniversary, and the remaining half vests in equal installments every six months thereafter, continuing through the fourth anniversary, provided applicable service or plan conditions are satisfied.

What are the key terms of the stock options granted to EDAP’s CFO?

Kenneth S. Mobeck received 144,141 stock options with a $4.17 per share exercise price and May 12, 2036 expiration. One-sixth of the options becomes exercisable six months after grant, and the remaining five-sixths vest monthly until the third anniversary of the grant date.

How many EDAP common shares does the CFO hold after these Form 4 transactions?

After the reported RSU grant, Kenneth S. Mobeck directly holds 176,610 shares of EDAP common stock. This figure reflects his post-transaction ownership reported in the Form 4 and does not include additional shares that could be issued from unexercised options or unvested RSUs.

How was the EDAP CFO stock option exercise price of $4.17 determined?

The $4.17 option exercise price was derived from a 3.54 euro base price converted into U.S. dollars. The company used an exchange rate of EUR 1 to USD 1.1784 to translate the euro-denominated price into the U.S. dollar figure reported in the Form 4.