Edgewise Therapeutics (EWTX) gives CSO 65K options at $43.56
Rhea-AI Filing Summary
Edgewise Therapeutics, Inc. reported that Chief Scientific Officer Alan J. Russell received a grant of stock options for 65,000 shares of common stock on August 12, 2026. An amendment corrects the option’s exercise price to $43.56 per share, reflecting the fair market value on the grant date.
The options have an expiration date of August 12, 2036. According to the vesting terms, 1/48 of the shares vest each month beginning September 12, 2026, contingent on Russell continuing as a service provider through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Russell Alan J
Role
Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1 | 65,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 65,000 shares (Direct)
Footnotes (1)
- F1. 1/48th of the shares subject to the option vest each month beginning on September 12, 2026, subject to the Reporting Person continuing as a service provider through each vest date.
Key Figures
Options Granted: 65,000 shares
Exercise Price: $43.56 per share
Options Following Transaction: 65,000 shares
+3 more
6 metrics
Options Granted
65,000 shares
Stock Option (Right to Buy) grant on August 12, 2026
Exercise Price
$43.56 per share
Corrected exercise price reflecting fair market value on grant date
Options Following Transaction
65,000 shares
Total derivative shares held after the reported grant
Vesting Rate
1/48 of shares per month
Monthly vesting beginning September 12, 2026, subject to service
Vesting Commencement Date
September 12, 2026
First monthly vesting date for the stock option grant
Expiration Date
August 12, 2036
Expiration of the 65,000-share stock option award
Key Terms
Stock Option (Right to Buy), exercise price, vesting, expiration date
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"The correct exercise price is $43.56, which reflects the fair market value"
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.
vesting financial
"1/48th of the shares subject to the option vest each month"
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.
expiration date financial
"expiration_date: 2036-08-12"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider transaction did EWTX report for Chief Scientific Officer Alan J. Russell?
Edgewise Therapeutics reported a grant of 65,000 stock options to Chief Scientific Officer Alan J. Russell on August 12, 2026. These options relate to common stock and represent a compensation award rather than an open-market purchase or sale of existing shares.
What is the corrected exercise price of the EWTX stock options granted to Alan J. Russell?
The amended filing states the correct exercise price is $43.56 per share. This replaces a previously reported price of $0.00, which the company describes as a clerical or administrative error, and reflects the fair market value on the grant date.
What are the vesting terms of the EWTX stock options granted to Alan J. Russell?
The options vest in 1/48 monthly installments, starting on September 12, 2026. Vesting continues each month as long as Russell remains a service provider through each vesting date, resulting in full vesting over approximately four years.
When do Alan J. Russell’s EWTX stock options expire?
The stock options granted to Alan J. Russell have an expiration date of August 12, 2036. After that date, any unexercised portion of the 65,000-share option award can no longer be exercised for Edgewise Therapeutics common stock.
Does the Form 4/A for EWTX involve a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed. The document-level field shows the box as unchecked, and there is no footnote stating that this stock option grant was made pursuant to a pre-arranged 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.