Quoin Pharmaceuticals (QNRX) director receives 8,141 ADS options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quoin Pharmaceuticals director Joseph Patrick Cooper reported receiving a new stock option grant. On February 4, 2026, he was awarded options to acquire 8,141 American Depositary Shares at an exercise price of $7.37 per ADS. Each ADS represents thirty-five ordinary shares of Quoin Pharmaceuticals.
The options vest over four years, with 20% becoming exercisable on each of February 4, 2027, 2028, and 2029, and the remaining 40% vesting on February 4, 2030. After this grant, Cooper beneficially owns 8,141 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cooper Joseph Patrick
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (Right to Buy) | 8,141 | $0.00 | -- |
Holdings After Transaction:
Share Option (Right to Buy) — 8,141 shares (Direct)
Footnotes (1)
- The number of securities underlying the option and the exercise price are listed in terms of American Depositary Shares ("ADSs"). Each ADS represents thirty-five ordinary shares of the Issuer. The option vests in four annual installments with 20% vesting on each of February 4, 2027, 2028 and 2029 and 40% vesting on February 4, 2030.
FAQ
What does the latest Form 4 for Quoin Pharmaceuticals (QNRX) show?
The Form 4 reports director Joseph Patrick Cooper receiving options on 8,141 American Depositary Shares at a $7.37 exercise price. These options vest in staged annual installments from 2027 through 2030, and are held as a direct beneficial ownership position.
How many Quoin Pharmaceuticals (QNRX) options did Joseph Patrick Cooper receive?
Joseph Patrick Cooper received options on 8,141 American Depositary Shares of Quoin Pharmaceuticals. Each ADS represents thirty-five ordinary shares, according to the filing footnote, making the grant a derivative position linked to a significantly larger number of underlying ordinary shares.
What is the exercise price of Joseph Patrick Cooper’s Quoin (QNRX) options?
The options reported in the Form 4 have an exercise price of $7.37 per American Depositary Share. This price and the number of underlying securities are both stated in terms of ADSs, each representing thirty-five ordinary shares of Quoin Pharmaceuticals.
How do Joseph Patrick Cooper’s Quoin (QNRX) options vest over time?
The option vests in four annual installments. Twenty percent of the 8,141 ADS options vest on each of February 4, 2027, February 4, 2028, and February 4, 2029. The remaining forty percent vests on February 4, 2030, completing the vesting schedule.
Is Joseph Patrick Cooper’s Quoin (QNRX) option grant directly owned?
Yes. The Form 4 lists the 8,141 derivative securities as directly owned by Joseph Patrick Cooper. The filing classifies the security as a share option, with no indication of indirect ownership through another entity or person in the ownership field.
What type of security is reported in this Quoin Pharmaceuticals (QNRX) Form 4?
The filing reports a derivative security described as a “Share Option (Right to Buy).” It covers 8,141 American Depositary Shares of Quoin Pharmaceuticals, with a $7.37 exercise price and a multi-year vesting schedule extending from 2027 through 2030.