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Gain Therapeutics (GANX) awards director 25,000 options at $1.68

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gain Therapeutics director Jeffrey Scott Riley received a grant of stock options for 25,000 shares of common stock on July 15, 2026. The options have a $1.68 exercise price and expire on July 15, 2036. They vest in 12 equal monthly installments starting July 24, 2026, contingent on his continuous service, resulting in 25,000 options held directly after the grant.

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Insider Riley Jeffrey Scott
Role Director
Type Security Shares Price Value
Grant/Award Stock Option (right to buy) 25,000 $0.00 --
Holdings After Transaction: Stock Option (right to buy) — 25,000 shares (Direct)
Footnotes (1)
  1. [object Object]
Options Granted 25,000 options Stock Option (right to buy) grant to director on July 15, 2026
Exercise Price $1.68 per share Exercise price for the 25,000 stock options
Expiration Date July 15, 2036 Expiration of the granted stock options
Vesting Schedule 12 monthly installments Vesting commences on July 24, 2026, subject to continuous service
Holdings After Grant 25,000 options Total stock options held directly following the reported transaction
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 1.6800"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"The option vests in 12 equal monthly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continuous service financial
"subject to the Reporting Person's continuous service"

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

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FAQ

What did Gain Therapeutics (GANX) report about Jeffrey Scott Riley in this Form 4?

Gain Therapeutics reported that director Jeffrey Scott Riley received a grant of 25,000 stock options on July 15, 2026. These options relate to common stock, have a defined exercise price and expiration date, and represent a compensation-related award, not an open-market share purchase.

How many Gain Therapeutics (GANX) options were granted to Jeffrey Scott Riley and at what price?

Jeffrey Scott Riley was granted 25,000 stock options for Gain Therapeutics common stock with an $1.68 exercise price per share. The options were awarded at no cost on the grant date, with value realized only if the market price exceeds the exercise price upon future exercise.

When do Jeffrey Scott Riley’s Gain Therapeutics (GANX) options vest?

The options begin vesting on July 24, 2026 in 12 equal monthly installments. Each month, one-twelfth of the 25,000-option grant becomes exercisable, provided Riley remains in continuous service through each applicable vesting date as specified in the award terms.

What is the expiration date of Jeffrey Scott Riley’s Gain Therapeutics (GANX) stock options?

The stock options granted to Jeffrey Scott Riley expire on July 15, 2036. After this expiration date, any unexercised options from the 25,000-option grant will lapse and can no longer be used to purchase Gain Therapeutics common stock at the stated exercise price.

Was Jeffrey Scott Riley’s Gain Therapeutics (GANX) option grant an open-market transaction?

No. The filing describes the transaction as a grant or award of stock options, not an open-market trade. Riley received 25,000 options at a $1.68 exercise price as part of compensation, with no reported cash purchase of existing Gain Therapeutics shares.

How many Gain Therapeutics (GANX) options does Jeffrey Scott Riley hold after this grant?

Following this reported transaction, Jeffrey Scott Riley directly holds 25,000 stock options linked to Gain Therapeutics common stock. These options vest monthly over 12 installments starting July 24, 2026, and remain exercisable until their stated expiration on July 15, 2036, subject to plan terms.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Riley Jeffrey Scott

(Last)(First)(Middle)
C/O GAIN THERAPEUTICS, INC.
4800 MONTGOMERY LANE, SUITE 220

(Street)
BETHESDA MARYLAND 20814

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Gain Therapeutics, Inc. [ GANX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$1.6807/15/2026A25,000 (1)07/15/2036Common Stock25,000$0.0025,000D
Explanation of Responses:
1. The option vests in 12 equal monthly installments commencing on July 24, 2026, subject to the Reporting Person's continuous service through the applicable vesting date.
/s/ Jeffrey Scott Riley07/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)