Edesa Biotech (EDSA) director receives 19,000-share equity grant, holds 30,000
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edesa Biotech director Charles V. Olson received an equity grant of 19,000 common shares on May 27, 2026. The shares were awarded at a price of $0.00 per share as a compensation grant, not an open market purchase. Following this transaction, Olson directly holds 30,000 common shares. According to the grant terms, these restricted share units will vest in equal portions over twelve months starting from the grant date, meaning the award converts into fully owned shares gradually over one year.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Olson Charles V
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 19,000 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 30,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 19,000 shares
Grant price: $0.00 per share
Holdings after grant: 30,000 shares
+1 more
4 metrics
Equity grant size
19,000 shares
Restricted share units granted May 27, 2026
Grant price
$0.00 per share
Compensation award, not open market purchase
Holdings after grant
30,000 shares
Total common shares directly held after transaction
Vesting period
12 months
RSUs vest in equal monthly portions from grant date
Key Terms
restricted share units, 2019 Equity Incentive Compensation Plan, vesting
3 terms
2019 Equity Incentive Compensation Plan financial
"issued pursuant to the Issuer's 2019 Equity Incentive Compensation Plan, which shall vest in equal proportions"
vesting financial
"which shall vest in equal proportions over twelve (12) months, commencing on the grant date"
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 insider transaction did Edesa Biotech (EDSA) report for Charles V. Olson?
Edesa Biotech reported that director Charles V. Olson received a grant of 19,000 common shares as compensation. The award was made at $0.00 per share and increased his direct holdings to 30,000 common shares after the transaction.
Was the Edesa Biotech (EDSA) Form 4 transaction a stock purchase or a grant?
The Form 4 discloses a grant of 19,000 restricted share units to director Charles V. Olson, not an open market stock purchase. The transaction code “A” indicates a grant, award, or other acquisition related to compensation, issued at $0.00 per share.