Director Barry Fishman receives 50,000 stock options at Medicus Pharma (MDCX)

Rhea-AI Filing Summary

Medicus Pharma Ltd. director Barry Fishman received a grant of stock options representing 50,000 common shares. The options have an exercise price of $0.36 per share and expire on June 3, 2031. They were granted on June 3, 2026 and are scheduled to vest quarterly in four equal installments over one year. Following this grant, Fishman holds 50,000 derivative securities directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider FISHMAN BARRY

Role null

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	50,000	$0.00	--

Holdings After Transaction: Stock Option (right to buy) — 50,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Option grant size: 50,000 options Exercise price: $0.36 per share Expiration date: June 3, 2031 +2 more

5 metrics

Option grant size 50,000 options Underlying 50,000 common shares granted June 3, 2026

Exercise price $0.36 per share Strike price for the 50,000 stock options

Expiration date June 3, 2031 Option term end for Barry Fishman grant

Vesting schedule 4 equal quarterly installments Over one year from June 3, 2026 grant date

Total derivatives after grant 50,000 derivative securities Total options held following the reported transaction

Key Terms

Stock Option, grant/award acquisition, derivative securities, vesting, +1 more

5 terms

Stock Option financial

"security_title: "Stock Option (right to buy)""

A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.

grant/award acquisition financial

"transaction_action: "grant/award acquisition""

derivative securities financial

"derivativeTransactionCount for all derivative-type records"

Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.

vesting financial

"The option is 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.

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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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

FISHMAN BARRY

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$0.36	06/03/2026		A		50,000		(1)	06/03/2031	Common Shares	50,000	$0	50,000	D

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 Barry Fishman	06/04/2026
	** Signature of Reporting Person	Date
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 insider transaction did Medicus Pharma (MDCX) report for Barry Fishman?

Medicus Pharma reported a stock option grant to director Barry Fishman for 50,000 underlying common shares. The award was made as compensation, not an open-market trade, and gives him the right to buy shares at a fixed exercise price.

How many stock options did Barry Fishman receive from Medicus Pharma (MDCX)?

Barry Fishman received options over 50,000 common shares. These options represent a new derivative position for him and are scheduled to vest in four equal quarterly installments over one year after the June 3, 2026 grant date.

What is the exercise price and term of Barry Fishman’s Medicus Pharma (MDCX) options?

The options have an exercise price of $0.36 per share and expire on June 3, 2031. This means he can choose to buy up to 50,000 shares at $0.36 until that expiration date, subject to vesting.

How do Barry Fishman’s Medicus Pharma (MDCX) options vest?

The option grant is scheduled to vest quarterly in four equal installments over one year. Starting from the June 3, 2026 grant date, one-quarter of the 50,000 options should vest each quarter, aligning vesting with ongoing board service.

Is Barry Fishman’s Form 4 transaction in Medicus Pharma (MDCX) a stock purchase or sale?

The Form 4 shows an option grant, not a stock purchase or sale. Transaction code A indicates a grant or award, so he acquired derivative securities as compensation rather than buying or selling common shares in the open market.