Milestone Pharmaceuticals (MIST) CFO updates 204,000-share option to $1.96
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Milestone Pharmaceuticals Inc. insider filing: the company’s CFO and EVP of Corporate Development reported an amended employee stock option grant. The filing corrects the exercise price for an option to buy 204,000 common shares at $1.96 per share, granted on February 2, 2026 and expiring on February 2, 2036. One-fourth of the option vests on February 2, 2027, with the remaining shares vesting in equal monthly installments over the following 36 months while the executive continues providing service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hasija Amit
Role
CFO & EVP of Corp. Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 204,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 204,000 shares (Direct)
Footnotes (1)
- The exercise price on the initial filings was incorrectly stated. One-fourth (1/4th) of the shares subject to the option vest on February 2, 2027, and one thirty-sixth (1/36th) of the remaining shares subject to this option shall vest each month thereafter, subject to the Reporting Person continuing to provide service through each such date.
FAQ
What insider transaction did Milestone Pharmaceuticals (MIST) report on this Form 4/A?
Milestone Pharmaceuticals reported an amended employee stock option grant for its CFO and EVP of Corporate Development. The amendment covers an option for 204,000 common shares, correcting the exercise price and confirming the vesting schedule and expiration terms originally disclosed.
What is the corrected exercise price of the Milestone (MIST) stock option in this Form 4/A?
The corrected exercise price of the employee stock option is $1.96 per share. The filing notes that the exercise price reported on the initial filings was incorrect, and this amendment updates the terms while keeping the grant size and vesting structure the same.
When does the amended Milestone (MIST) stock option begin vesting and when does it expire?
One-fourth of the option shares vest on February 2, 2027. The remaining shares vest in equal monthly installments over the following 36 months, and the option expires on February 2, 2036, assuming continued service by the reporting executive throughout the vesting period.
Who is the reporting person in the Milestone Pharmaceuticals (MIST) Form 4/A filing?
The reporting person is an officer of Milestone Pharmaceuticals serving as CFO and EVP of Corporate Development. The filing reflects this executive’s amended stock option grant and clarifies the corrected exercise price and vesting schedule associated with the reported derivative security.
Why was an amendment (Form 4/A) necessary for this Milestone (MIST) option grant?
An amendment was necessary because the exercise price on the initial filings was incorrectly stated. This Form 4/A corrects that specific term, restating the employee stock option’s exercise price while reaffirming the original grant date, share amount, vesting terms, and expiration date.