Edesa Biotech (EDSA) CFO receives 64,609 restricted share units under 2019 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weiler Peter J. reported acquisition or exercise transactions in this Form 4 filing.
Edesa Biotech, Inc. reported that its Chief Financial Officer, Peter J. Weiler, received an equity grant in the form of restricted share units. He was awarded 64,609 Common Shares at a price of $0.00 per share as a compensation-related grant, not an open‑market purchase.
The grant was issued under the company’s 2019 Equity Incentive Compensation Plan and will vest monthly in equal portions over 36 months starting on the grant date. Following this award, Weiler directly holds 129,609 Common Shares, aligning a larger portion of his pay with the company’s future share performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weiler Peter J.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 64,609 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 129,609 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 64,609 Common Shares
Grant price: $0.00 per share
Post‑grant holdings: 129,609 Common Shares
+1 more
4 metrics
RSU grant size
64,609 Common Shares
Restricted share units granted to CFO on May 27, 2026
Grant price
$0.00 per share
Price for restricted share unit grant to CFO
Post‑grant holdings
129,609 Common Shares
Total Common Shares held directly by CFO after transaction
Vesting period
36 months
RSUs vest monthly in equal proportions from grant date
Key Terms
restricted share units, 2019 Equity Incentive Compensation Plan, vest monthly, Grant, award, or other acquisition
4 terms
2019 Equity Incentive Compensation Plan financial
"issued pursuant to the Issuer's 2019 Equity Incentive Compensation Plan, which shall vest monthly"
vest monthly financial
"which shall vest monthly in equal proportions over thirty-six (36) months, commencing on the grant date"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Edesa Biotech (EDSA) report for its CFO?
Edesa Biotech reported that CFO Peter J. Weiler received a grant of 64,609 Common Shares as restricted share units. The award is compensation-related, carries a $0.00 grant price, and was made under the company’s 2019 Equity Incentive Compensation Plan.
Is the Edesa Biotech (EDSA) CFO’s Form 4 transaction a market purchase or a grant?
The transaction is a grant, not a market purchase. CFO Peter J. Weiler received 64,609 Common Shares as restricted share units at a $0.00 price under Edesa Biotech’s 2019 Equity Incentive Compensation Plan, classified as a grant, award, or other acquisition.
What plan governed the Edesa Biotech (EDSA) CFO’s recent equity grant?
The grant was issued under Edesa Biotech’s 2019 Equity Incentive Compensation Plan. Under this plan, CFO Peter J. Weiler received 64,609 restricted share units that vest monthly over 36 months, aligning his compensation more closely with Edesa Biotech’s share performance.