Edgewise (EWTX) insider: RSU vesting, sell-to-cover and option grant detailed
Rhea-AI Filing Summary
Edgewise Therapeutics insider activity: Behrad Derakhshan, Chief Business Officer, had RSUs vest and executed related transactions on 08/12/2025. 5,781 restricted stock units vested and were treated as acquired at $0.00. To satisfy tax withholding on those vested RSUs, 2,491 shares were sold in multiple transactions at an average price of $13.3924 (range $13.36–$13.49). Following the transactions the reporting person beneficially owned 23,645 shares of common stock directly. The filing also reports 30,000 newly granted RSUs (vesting beginning 08/12/2026) and a stock option to purchase 180,000 shares at an exercise price of $13.39 (vesting 1/48th monthly beginning 09/12/2025). The newly vested and granted awards are subject to standard service-based vesting schedules.
Positive
- Clear disclosure of vesting, sell-to-cover mechanics and price range ($13.36–$13.49)
- New equity awards (30,000 RSUs and option for 180,000 shares) align executive incentives with shareholders
Negative
- Sell-to-cover resulted in disposition of 2,491 shares, reducing direct holdings
- No forward-looking details on dilution impact or total outstanding share count to contextualize award size
Insights
TL;DR: Officer received standard compensation awards; a sell-to-cover satisfied tax withholding—no discretionary large sale reported.
The Form 4 shows routine equity compensation activity for a named officer. 5,781 RSUs vested and a sell-to-cover of 2,491 shares satisfied tax obligations at an average price of $13.3924. The officer also received 30,000 RSUs (vesting from 08/12/2026) and an option for 180,000 shares at $13.39 with monthly vesting starting 09/12/2025. These movements align with corporate compensation practices and do not by themselves indicate material changes in ownership or control.
TL;DR: Issuer documented routine grants and vesting; disclosure is clear about sell-to-cover and vesting schedules.
The filing discloses the nature and timing of each award, including that the sale of 2,491 shares was a non-discretionary sell-to-cover to meet statutory tax withholding. Grant terms are explicit: one RSU tranche vested on 08/12/2025, another RSU grant vests beginning 08/12/2026, and an option grant vests monthly starting 09/12/2025. From a governance perspective the disclosure meets Section 16 requirements and identifies the reporting relationship (Officer/Chief Business Officer).