Edgewise Board Member Gets 30,000 Options with One-Year Vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edgewise Therapeutics Director Arlene Morris received a stock option grant on June 16, 2025, representing a significant insider transaction. The key details of this Form 4 filing include:
- Granted 30,000 stock options to purchase common stock
- Exercise price set at $14.68 per share
- Options will vest fully on the earlier of June 16, 2026 or the day before the 2026 annual stockholder meeting
- Options expire on June 16, 2035
This grant appears to be part of the company's director compensation program. The one-year cliff vesting schedule aligns with typical board member equity compensation structures. The filing was completed by Attorney-in-Fact John R. Moore on June 18, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morris Arlene
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 30,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 30,000 shares (Direct)
Footnotes (1)
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FAQ
What stock options were granted to Arlene Morris at EWTX on June 16, 2025?
Arlene Morris was granted 30,000 stock options with an exercise price of $14.68 per share. These options were granted on June 16, 2025, and have an expiration date of June 16, 2035.
When do Arlene Morris's EWTX stock options vest?
The stock options will vest 100% on the earlier of either (i) June 16, 2026, or (ii) the business day prior to EWTX's 2026 annual meeting of stockholders.
What is Arlene Morris's role at EWTX?
According to the Form 4 filing, Arlene Morris serves as a Director of Edgewise Therapeutics, Inc. (EWTX).
What is the exercise price of EWTX stock options granted in June 2025?
The stock options were granted with an exercise price of $14.68 per share.
How long do the EWTX stock options granted to Arlene Morris remain exercisable?
The stock options have a 10-year term, with an expiration date of June 16, 2035, starting from the grant date of June 16, 2025.