Edgewise Therapeutics (EWTX) grants CFO 24,375 RSUs and 48,750-share option
Rhea-AI Filing Summary
Edgewise Therapeutics, Inc. granted its Chief Financial Officer, Michael Nofi, new equity awards. 24,375 Restricted Stock Units were awarded for no additional cash consideration, each RSU representing one share of common stock, vesting in four equal annual installments starting August 12, 2027. In addition, a stock option for 48,750 shares of common stock with a stated exercise price of $0.0000 per share was granted, expiring August 12, 2036 and vesting as to 1/48 of the shares each month beginning September 12, 2026, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nofi Michael
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 24,375 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) F2 | 48,750 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 24,375 shares (Direct);
Stock Option (Right to Buy) — 48,750 shares (Direct)
Footnotes (2)
- F1. Restricted Stock Units ("RSUs") granted to the reporting person for no additional cash consideration, each of which represent a contingent right to receive one share of Edgewise Therapeutics, Inc. common stock upon the vesting of these RSUs in four equal annual installments beginning on August 12, 2027.
- F2. 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
RSUs granted: 24,375 shares
Options granted: 48,750 shares
RSU vesting start: August 12, 2027
+3 more
6 metrics
RSUs granted
24,375 shares
Restricted Stock Units granted to CFO on August 12, 2026
Options granted
48,750 shares
Stock Option (Right to Buy) granted to CFO on August 12, 2026
RSU vesting start
August 12, 2027
RSUs vest in four equal annual installments beginning on this date
Option vesting start
September 12, 2026
1/48 of option shares vest each month beginning on this date
Option expiration
August 12, 2036
Expiration date for both RSU-related derivative entry and stock option
Option exercise price
$0.0000 per share
Stated conversion or exercise price for the 48,750-share stock option
Key Terms
Restricted Stock Units, contingent right, Stock Option (Right to Buy), service provider
4 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") granted to the reporting person for no additional cash"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"each of which represent a contingent right to receive one share of Edgewise"
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"
service provider financial
"subject to the Reporting Person continuing as a service provider through each vest date"
FAQ
What equity awards did Edgewise Therapeutics (EWTX) grant to its CFO Michael Nofi?
Edgewise Therapeutics granted CFO Michael Nofi 24,375 RSUs and a stock option for 48,750 shares of common stock. The RSUs and options vest over time, aligning his compensation with the company’s long-term performance and his continued service.
How do the 24,375 RSUs granted to the EWTX CFO vest?
The 24,375 Restricted Stock Units vest in four equal annual installments starting on August 12, 2027. Each vested RSU entitles Michael Nofi to receive one share of Edgewise Therapeutics common stock, provided he continues in service through each vesting date.
When does the monthly vesting of the EWTX CFO’s stock option begin and under what condition?
Monthly vesting of Michael Nofi’s stock option begins on September 12, 2026, with 1/48 of the shares vesting each month. Vesting is conditioned on him continuing as a service provider to Edgewise Therapeutics through each vesting date.
Do the RSUs granted to the Edgewise Therapeutics (EWTX) CFO require additional cash payment?
The 24,375 RSUs were granted for no additional cash consideration. Each RSU represents a contingent right to receive one share of common stock upon vesting, which occurs in four equal annual installments beginning August 12, 2027, assuming continued service.
What is the expiration date of the EWTX CFO’s new stock option grant?
Michael Nofi’s stock option grant for 48,750 shares of Edgewise Therapeutics common stock expires on August 12, 2036. Any unvested or unexercised portion after that date will lapse, consistent with the option’s stated expiration term.
AI-generated analysis. How Rhea-AI works. Not financial advice.