FENC insider files Form 144 to sell 10,781 shares

FENC insider sale notice: A Form 144 was filed reporting a proposed sale of 10,781 shares of Common Stock via a stock option exercise on 05/01/2026.

Rhea-AI Filing Summary

FENC insider sale notice: A Form 144 was filed reporting a proposed sale of 10,781 shares of Common Stock via a stock option exercise on 05/01/2026. The filing lists prior cash sales by Rostislav Raykov of 10,946, 10,079 and 10,349 shares on 04/01/2026, 03/02/2026 and 02/02/2026 respectively, with the reported cash amounts shown in the record.

Key Figures

Proposed sale: 10,781 shares Prior sale (Apr): 10,946 shares Prior sale (Mar): 10,079 shares +2 more

5 metrics

Proposed sale 10,781 shares Stock option exercise on 05/01/2026

Prior sale (Apr) 10,946 shares Sale on 04/01/2026 for $69,072.54

Prior sale (Mar) 10,079 shares Sale on 03/02/2026 for $84,354.17

Prior sale (Feb) 10,349 shares Sale on 02/02/2026 for $80,339.29

Broker/dealer listed Morgan Stanley Smith Barney LLC Handling the 05/01/2026 transaction

Key Terms

Form 144, Stock Option Exercise, Issuer

3 terms

Form 144 regulatory

"144: Filer Information | 144: Issuer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Stock Option Exercise financial

"Securities To Be Sold | Stock Option Exercise | ISSUER"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Issuer financial

"Securities To Be Sold | Stock Option Exercise | ISSUER"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the FENC Form 144 report show?

The filing reports a proposed sale of 10,781 shares via a stock option exercise on 05/01/2026. It also lists three prior cash sales of 10,946; 10,079; and 10,349 shares on 04/01/2026, 03/02/2026, and 02/02/2026 respectively, with cash amounts recorded.

Who is the selling party in the FENC Form 144?

The reported selling party is Rostislav Raykov listed in the record. The filing names Morgan Stanley Smith Barney LLC as the broker/dealer handling the transaction on 05/01/2026.

How many shares were sold in the recent transactions listed in the filing?

The record shows four transactions: 10,349; 10,079; 10,946; and 10,781 shares. Dates shown are 02/02/2026, 03/02/2026, 04/01/2026, and 05/01/2026 respectively, with cash receipts reported for each sale.

Was the 05/01/2026 sale an open-market sale or option exercise for FENC?

The 05/01/2026 entry is identified as a Stock Option Exercise with Cash indicated as the method. The filing labels the transaction type in the securities-to-be-sold section.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/01/2026 - 04:15 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001468316
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	FENNEC PHARMACEUTICALS INC.
SEC File Number	001-32295
Address of Issuer	PO BOX 13628, 68 TW ALEXANDER DRIVE Research Triangle Park NORTH CAROLINA 27709
Phone	(919) 636-4530
Name of Person for Whose Account the Securities are To Be Sold	ROSTISLAV RAYKOV
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	10781	69761.69	34475178	05/01/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/01/2026	Stock Option Exercise	ISSUER			10781	05/01/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ROSTISLAV RAYKOV PO BOX 13628, 68 TW ALEXANDER DRIVE Research Triangle Park NC 27709	Common	04/01/2026	10946	69072.54
ROSTISLAV RAYKOV PO BOX 13628, 68 TW ALEXANDER DRIVE Research Triangle Park NC 27709	Common	03/02/2026	10079	84354.17
ROSTISLAV RAYKOV PO BOX 13628, 68 TW ALEXANDER DRIVE Research Triangle Park NC 27709	Common	02/02/2026	10349	80339.29

144: Remarks and Signature

Remarks
Date of Notice	05/01/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	09/19/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Rostislav Raykov
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)