OPRX Form 4: Edward Stelmakh Receives RSUs and $16.14 Exercise-Price Option
Rhea-AI Filing Summary
OptimizeRx Corp. CFO/COO Edward Stelmakh reported equity awards on Form 4 showing a grant of 15,625 restricted stock units and a stock option for 35,156 shares. The restricted stock units vest in three equal annual installments beginning August 21, 2026. The option has an exercise price of $16.14, vests in three equal annual installments beginning August 21, 2026, is exercisable starting August 21, 2026 and expires August 21, 2030. After these transactions, Mr. Stelmakh beneficially owns 110,764 shares of common stock and 35,156 underlying shares from the option.
Positive
- 15,625 restricted stock units granted with vesting in three equal annual installments beginning August 21, 2026
- Stock option for 35,156 shares granted with an exercise price of $16.14, vesting in three equal annual installments beginning August 21, 2026 and expiring August 21, 2030
- Reported beneficial ownership of 110,764 shares following the transaction
Negative
- None.
Insights
TL;DR: Insider equity awards to the CFO/COO include RSUs and an option, with multi-year vesting and a defined exercise price.
The Form 4 reports a grant of 15,625 restricted stock units and a stock option covering 35,156 shares with an exercise price of $16.14. Both awards vest in three equal annual installments beginning August 21, 2026. The option expires August 21, 2030. The reporting person’s total beneficial ownership after the reported transactions is 110,764 shares plus the 35,156 optioned shares. These are standard equity compensation mechanics disclosed under Section 16.
TL;DR: The filing documents routine executive equity compensation with explicit vesting and expiration terms.
The statement documents restricted stock units that will convert to common shares over three years and a time‑based stock option with a specified exercise price and a 2026 exercisable date and 2030 expiration. The filing includes the standard disclaimer regarding beneficial ownership and is signed by a power of attorney. No other corporate actions or changes in control are disclosed in this Form 4.