Medicus Pharma (MDCX) Chief Scientific Officer awarded 25,000 options at $0.36
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
Options granted: 25,000 options
Exercise price: $0.36 per share
Total options after grant: 25,000 options
+3 more
6 metrics
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
Key Terms
Stock Option (right to buy), exercise price, vesting, expiration date, +1 more
5 terms
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.
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.