Edgewise (EWTX) Form 4: 100k Share Sale and Option Holdings Disclosed
Rhea-AI Filing Summary
Edgewise Therapeutics insider transactions by Russell Alan J: The reporting person executed transactions on 08/26/2025. The Form 4 shows an acquisition of 100,000 shares of common stock at a reported price of $0.18 and a sale of 100,000 shares at an average price of $14.5976 (range $14.40 to $14.825). After the non-derivative transactions, the reported beneficial ownership in common stock is 123,400 shares following the acquisition line and 23,400 shares following the sale line. The filing also reports ownership of derivative securities: a stock option (strike $0.18) for 100,000 shares exercisable from 06/27/2021 and expiring 06/27/2032, and a reported number of derivative-linked common shares beneficially owned of 1,247,365. The signature block shows the Form was signed by an attorney-in-fact on 08/28/2025.
Positive
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Negative
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Insights
TL;DR: Officer and director executed matched exercise/acquisition and sale of 100,000 shares, retaining significant derivative-linked ownership.
The filing documents a contemporaneous acquisition at a reported price of $0.18 and a sale at an average price of $14.5976 for the same nominal amount of 100,000 shares on 08/26/2025. The reporting person holds a stock option exercisable since 06/27/2021 for 100,000 shares (strike $0.18, expiring 06/27/2032) and the Form lists 1,247,365 derivative-linked shares beneficially owned. These disclosures are routine Section 16 activity by an insider who is both an officer (Chief Scientific Officer) and a director; they provide transparency on insider liquidity and continuing option-related economic exposure.
TL;DR: Transactions are properly reported and signed by attorney-in-fact; ownership and option details are disclosed.
The Form 4 includes required details: transaction codes, amounts, prices (including a footnote that the sale price is an average of multiple trades between $14.40 and $14.825), and post-transaction beneficial ownership figures. The reporting person is identified as both a director and the Chief Scientific Officer. The filing appears complete for the disclosed transactions and includes an explicit offer to provide granular sale-by-sale prices on request, which supports regulatory transparency.