Medicus Pharma (MDCX) CEO awarded 500,000 options at $0.36 exercise price
Rhea-AI Filing Summary
Medicus Pharma Ltd. reported that Chief Executive Officer Raza Bokhari received a grant of stock options covering 500,000 underlying common shares. The options have an exercise price of $0.36 per share and were granted as a compensation-related award, not an open-market purchase.
According to the disclosure, the options were granted on June 3, 2026 and are scheduled to vest quarterly in four equal installments over one year, providing staged earning of the award. Following this grant, Bokhari holds 500,000 stock options directly, which are scheduled to expire on June 3, 2031 if not exercised.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 500,000 | $0.00 | -- |
Footnotes (1)
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Key Figures
Key Terms
Stock Option (right to buy) financial
exercise price financial
vest quarterly financial
expiration date financial
FAQ
What insider transaction did Medicus Pharma (MDCX) disclose for CEO Raza Bokhari?
The company disclosed that CEO Raza Bokhari received a grant of stock options for 500,000 underlying common shares. This award is a compensation-related acquisition, not an open-market share purchase or sale, and represents a new derivative position tied to Medicus Pharma’s common shares.
What is the exercise price of the new Medicus Pharma (MDCX) stock options granted to the CEO?
The granted stock options have an exercise price of $0.36 per common share. This means Bokhari can acquire up to 500,000 Medicus Pharma common shares at $0.36 each if he exercises the options before they expire, subject to the vesting schedule.
How and when do the Medicus Pharma (MDCX) CEO’s new stock options vest?
The options granted to CEO Raza Bokhari are scheduled to vest quarterly in four equal installments over one year. This quarterly vesting structure ties the full economic benefit of the 500,000-share option grant to continued service during that year.
When do the newly granted Medicus Pharma (MDCX) stock options to the CEO expire?
The granted stock options are scheduled to expire on June 3, 2031. If they are not exercised by that date, Bokhari’s right to buy up to 500,000 Medicus Pharma common shares at the $0.36 exercise price will lapse.