Quoin Pharmaceuticals (QNRX) CFO receives option grant for 85,250 ADS
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quoin Pharmaceuticals (QNRX) reported a new stock option grant to its Chief Financial Officer, Sally Bridget Lawlor. On February 4, 2026, she received an option to purchase 85,250 American Depositary Shares (ADS) at an exercise price of $7.37 per ADS.
The option covers ADSs, each representing thirty-five ordinary shares of Quoin Pharmaceuticals. The award vests over four years, with 20% vesting on each of February 4, 2027, 2028 and 2029, and the remaining 40% vesting on February 4, 2030. The option expires on February 4, 2036 and is held directly by the CFO.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lawlor Sally Bridget
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (Right to Buy) | 85,250 | $0.00 | -- |
Holdings After Transaction:
Share Option (Right to Buy) — 85,250 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 insider transaction did Quoin Pharmaceuticals (QNRX) disclose for its CFO?
Quoin Pharmaceuticals disclosed that CFO Sally Bridget Lawlor received a stock option on February 4, 2026 to buy 85,250 ADS. This derivative award is a compensation grant, not an open‑market purchase, and gives her the right to acquire ADS at a fixed exercise price.
What is the exercise price and structure of the QNRX CFO stock option grant?
The CFO’s option has an exercise price of $7.37 per American Depositary Share (ADS). Each ADS represents thirty-five ordinary shares of Quoin Pharmaceuticals, so the grant is structured in ADS units, aligning compensation with the company’s ADS trading instrument.
How does the Quoin Pharmaceuticals (QNRX) CFO option vest over time?
The option vests in four annual installments: 20% on each of February 4, 2027, 2028 and 2029, and 40% on February 4, 2030. This multi-year schedule is designed to align the CFO’s potential equity gains with longer-term company performance.
When does the Quoin Pharmaceuticals (QNRX) CFO stock option expire?
The stock option granted to Quoin’s CFO expires on February 4, 2036. After that date, any unexercised portion of the 85,250 ADS option will lapse, meaning it can no longer be used to purchase ADS at the fixed exercise price.
Is the QNRX CFO’s option grant a direct or indirect holding?
The filing shows the 85,250 ADS stock option as a direct holding of CFO Sally Bridget Lawlor. There is no indication of indirect ownership through entities or trusts, and no footnote disclaiming beneficial ownership rights over the granted derivative security.