Medicus Pharma (MDCX) awards CMO 250,000 options at $0.36 strike
Rhea-AI Filing Summary
Medicus Pharma Ltd. reported that Chief Medical Officer Mehmud Faisal received a grant of stock options covering 250,000 Common Shares. The options carry an exercise price of $0.36 per share and expire on June 3, 2031. 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. Following this award, Faisal holds 250,000 stock options directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 250,000 | $0.00 | -- |
Footnotes (1)
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Key Figures
Key Terms
Stock Option (right to buy) financial
Grant, award, or other acquisition financial
vest quarterly in four equal installments financial
FAQ
What insider transaction did Medicus Pharma (MDCX) report for Mehmud Faisal?
Medicus Pharma reported that Chief Medical Officer Mehmud Faisal received a grant of 250,000 stock options. These options relate to Common Shares and represent compensation rather than an open-market purchase or sale of shares.
What is the exercise price of the new stock options granted by Medicus Pharma (MDCX)?
The granted stock options have an exercise price of $0.36 per share. This means Faisal can buy Medicus Pharma Common Shares at $0.36 once the options vest and are exercised, subject to the award’s terms.
When do Mehmud Faisal’s Medicus Pharma (MDCX) stock options vest and expire?
The options were granted on June 3, 2026 and will vest quarterly in four equal installments over one year. They have an expiration date of June 3, 2031, providing a multi-year window to exercise after vesting.
How many Medicus Pharma (MDCX) stock options does Mehmud Faisal hold after this grant?
Following this award, Mehmud Faisal is reported to hold 250,000 stock options directly. Each option is linked to one Common Share of Medicus Pharma, according to the filing’s underlying security description.