Fennec Pharmaceuticals (FENC) CEO receives 1,159-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fennec Pharmaceuticals Inc. reported that Chief Executive Officer Jeffrey S. Hackman acquired 1,159 Common Shares as a grant or award. The shares were released from restriction from an award originally granted on 3/28/2025 and carried a transaction price of $0.00 per share.
Following this compensation-related acquisition, Hackman directly owns 62,825 Common Shares. The filing reflects routine equity compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hackman Jeffrey S.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 1,159 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 62,825 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 1,159 Common Shares
Transaction price: $0.00 per share
Post-transaction holdings: 62,825 Common Shares
+2 more
5 metrics
Shares acquired
1,159 Common Shares
Grant, award, or other acquisition on 2026-05-31
Transaction price
$0.00 per share
Equity award, not open-market trade
Post-transaction holdings
62,825 Common Shares
Direct ownership by CEO after award
Transaction code
A (Grant, award, or other acquisition)
Form 4 non-derivative transaction classification
Award source date
March 28, 2025
Shares released from restriction from 3/28/2025 award
Key Terms
Common Shares, Grant, award, or other acquisition, shares released from restriction, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Fennec (FENC) report for its CEO?
Fennec reported that CEO Jeffrey S. Hackman acquired 1,159 Common Shares. The shares were granted at $0.00 per share as equity compensation, reflecting release of restrictions from an award originally granted on March 28, 2025, and increasing his direct holdings.
Was the Fennec (FENC) CEO’s Form 4 transaction a market purchase or sale?
The CEO’s Form 4 transaction was not a market trade. It is coded “A” as a grant, award, or other acquisition, representing restricted shares released from a prior award, with a transaction price of $0.00 per share rather than an open-market buy or sell.