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Medicus Pharma (MDCX) Chief Scientific Officer awarded 25,000 options at $0.36

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

Rhea-AI Filing Summary

Medicus Pharma Ltd. reported that Chief Scientific Officer Brennan Edward J. received a grant of stock options. The award covers 25,000 options for Common Shares at an exercise price of $0.36 per share. According to the footnote, the options vest quarterly in four equal installments over one year and expire on June 3, 2031.

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Insider Brennan Edward J.
Role Chief Scientific Officer
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, null)
Footnotes (1)
  1. [object Object]
Options granted 25,000 options Stock Option (right to buy) grant to CSO
Exercise price $0.36 per share Conversion or exercise price for options
Total options after grant 25,000 options Total derivative securities following transaction
Grant date June 3, 2026 Option grant date in footnote
Expiration date June 3, 2031 Option expiration date
Vesting schedule 4 quarterly installments over 1 year Footnote description of vesting
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
exercise price financial
"conversion_or_exercise_price: "0.3600" per share"
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
"scheduled to vest quarterly in four equal installments over one year"
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.
expiration date financial
"expiration_date: "2031-06-03T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Common Shares financial
"underlying_security_title: "Common Shares""
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
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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*
Brennan Edward J.

(Last)(First)(Middle)
300 CONSHOHOCKEN STATE ROAD
SUITE 200

(Street)
W.CONSHOHOCKEN PENNSYLVANIA 19428

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Medicus Pharma Ltd. [ MDCX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Scientific Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
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)$0.3606/03/2026A25,000 (1)06/03/2031Common Shares25,000$025,000D
Explanation of Responses:
1. The option was granted on June 3, 2026. The option is scheduled to vest quarterly in four equal installments over one year.
/s/ Raza Bokhari, as Attorney-in-Fact, for Edward J. Brennan06/04/2026
** 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)

FAQ

What did Medicus Pharma (MDCX) disclose in this Form 4 filing?

Medicus Pharma disclosed that its Chief Scientific Officer, Brennan Edward J., received a grant of 25,000 stock options. These options are part of his compensation and give him the right to buy Common Shares at a fixed exercise price.

How many stock options were granted to the Medicus Pharma (MDCX) CSO?

The Chief Scientific Officer was granted 25,000 stock options. Each option relates to one Common Share, providing potential future ownership if exercised at the stated $0.36 per-share exercise price before the expiration date.

What is the exercise price of the new Medicus Pharma (MDCX) options?

The granted options have an exercise price of $0.36 per share. This means the holder can later purchase Medicus Pharma Common Shares at $0.36, regardless of the market price at the time of exercise, if the options are vested and unexpired.

When do Brennan Edward J.’s Medicus Pharma (MDCX) options vest?

The options are scheduled to vest quarterly in four equal installments over one year. This structure gradually makes portions of the 25,000 options exercisable, aligning vesting with continued service through the one-year vesting period.

When do the newly granted Medicus Pharma (MDCX) options expire?

The options expire on June 3, 2031. After that expiration date, any unexercised options will lapse and can no longer be used to purchase Medicus Pharma Common Shares at the $0.36 exercise price described in the filing.

Did the Medicus Pharma (MDCX) CSO buy or sell shares in this Form 4?

The Form 4 shows an acquisition through a grant of stock options, not a market purchase or sale of shares. It records a compensation award of 25,000 options, rather than an open-market trade in existing Common Shares.