Edgewise Therapeutics (EWTX) director trades shares via Rule 10b5-1 plan
Rhea-AI Filing Summary
Edgewise Therapeutics, Inc. director Edris Badreddin reported option exercises and related share sales. On January 21, 2026, he exercised multiple stock options for Edgewise common stock at exercise prices ranging from $0.39 to $1.93 per share, converting them into common shares held directly.
The same day, he sold shares of Edgewise common stock in several transactions marked with code "S". These sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 24, 2025, at an average sale price of $29.44 per share, with individual trades occurring between $29.00 and $29.77. Following the reported transactions, Badreddin directly owned 19,820 shares of Edgewise common stock.
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FAQ
What insider activity did Edgewise Therapeutics (EWTX) report for Edris Badreddin?
Edgewise Therapeutics reported that director Edris Badreddin exercised multiple stock options for common stock and sold shares of common stock on January 21, 2026. The transactions involved option exercises at strike prices between $0.39 and $1.93 and same-day sales of common shares.
Were the Edgewise Therapeutics (EWTX) insider sales by Edris Badreddin under a Rule 10b5-1 plan?
Yes. The filing states that the sales reported were effected pursuant to a Rule 10b5-1 Plan adopted by Edris Badreddin on September 24, 2025. This indicates the sales followed a pre-established trading plan.
At what prices did Edris Badreddin sell Edgewise Therapeutics (EWTX) shares?
The filing reports an average sale price of $29.44 per share. It explains that the shares were sold in multiple transactions at prices ranging from $29.00 to $29.77 per share.
How many Edgewise Therapeutics (EWTX) shares does Edris Badreddin own after these transactions?
After the reported option exercises and sales on January 21, 2026, Edris Badreddin directly owned 19,820 shares of Edgewise Therapeutics common stock, according to the Form 4.
What types of securities did Edris Badreddin transact in for Edgewise Therapeutics (EWTX)?
The transactions involved both stock options (rights to buy) and common stock. He exercised stock options with exercise prices of $0.39, $0.64, $0.71, and $1.93 and then sold common shares acquired from these options.
Is Edris Badreddin a director or officer of Edgewise Therapeutics (EWTX)?
The Form 4 identifies Edris Badreddin as a director of Edgewise Therapeutics, Inc. and does not list him as an officer or 10% owner.