EDAP TMS SA (EDAP) SVP Steven Annen awarded 90k RSUs and 100k options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EDAP TMS SA reported that SVP, Marketing & Product Management, Steven Annen received equity-based compensation consisting of restricted stock units and stock options. He was granted 90,000 RSUs, each representing one share of EDAP common stock upon settlement.
The RSUs were granted under the issuer's 2025-2 Restricted Stock Unit (Free Share) Plan and will vest over four years, with one-half vesting on the second anniversary of the grant date and the remaining half vesting in equal installments every six months through the fourth anniversary. Following this grant, Annen directly holds 131,490 shares of common stock.
He was also granted 100,000 stock options exercisable for EDAP common stock at an exercise price of $4.17 per share, converted from 3.54 euros. These options vest over three years, becoming exercisable as to one-sixth after six months from the grant date and the remainder monthly thereafter, and expire on May 12, 2036. These awards are compensation-related acquisitions rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Annen Steven
Role
SVP, Marketing & Product Mgmt.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 100,000 | $0.00 | -- |
| Grant/Award | Common Stock | 90,000 | $0.00 | -- |
Holdings After Transaction:
Stock Options — 100,000 shares (Direct, null);
Common Stock — 131,490 shares (Direct, null)
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.
Key Figures
RSU grant size: 90,000 units
Option grant size: 100,000 options
Option exercise price: $4.17 per share
+3 more
6 metrics
RSU grant size
90,000 units
Restricted stock units granted May 12, 2026
Option grant size
100,000 options
Stock options granted May 12, 2026
Option exercise price
$4.17 per share
Converted from 3.54 euros using EUR 1 = USD 1.1784
Option expiration
May 12, 2036
Stock options expiry date
Shares held after grant
131,490 shares
Common stock directly owned after RSU award
Underlying shares for options
100,000 shares
Common stock underlying granted stock options
Key Terms
restricted stock units ("RSUs"), 2025-2 Restricted Stock Unit (Free Share) Plan, exercise price, stock options, +1 more
5 terms
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.
exercise price financial
"The option exercise price reflected was converted from 3.54 euros to U.S. dollars"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
stock options financial
"The options, which were granted on May 12, 2026, will become exercisable"
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.
vesting financial
"one-half of which will vest on the second anniversary of the date of grant"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What equity awards did EDAP (EDAP) SVP Steven Annen receive?
Steven Annen received 90,000 restricted stock units and 100,000 stock options as compensation. The RSUs convert into common shares upon settlement, while the options allow him to buy EDAP stock at a fixed $4.17 exercise price before expiration.
How do the 90,000 EDAP (EDAP) RSUs granted to Steven Annen vest?
Half of the 90,000 RSUs vest on the second anniversary of the May 12, 2026 grant. The remaining half then vest in equal installments every six months through the fourth anniversary, creating a four-year vesting schedule tied to continued service.
What are the terms of Steven Annen’s 100,000 EDAP (EDAP) stock options?
Annen’s 100,000 stock options carry a $4.17 exercise price and expire on May 12, 2036. One-sixth become exercisable six months after grant, with the remaining five-sixths vesting monthly through the third anniversary of the grant date.
What currency conversion was used for Steven Annen’s EDAP (EDAP) option exercise price?
The option exercise price was converted from 3.54 euros to U.S. dollars using an exchange rate of EUR 1 to USD 1.1784. This produced the reported $4.17 per-share exercise price on the 100,000 stock options granted to Steven Annen.