Quoin director granted 21,709 ADS options
Quoin Pharmaceuticals director Dennis Langer received a grant of stock options linked to American Depositary Shares (ADSs).
Rhea-AI Filing Summary
Quoin Pharmaceuticals director Dennis Langer received a grant of stock options linked to American Depositary Shares (ADSs). On February 4, 2026, he was awarded options to acquire 21,709 ADSs 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% vesting on each of February 4, 2027, 2028, and 2029, and the remaining 40% vesting on February 4, 2030. Following this grant, Langer beneficially owns 21,709 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (Right to Buy) | 21,709 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Quoin Pharmaceuticals (QNRX) report for Dennis Langer?
How many Quoin (QNRX) ADS options were granted to director Dennis Langer?
What is the vesting schedule for Dennis Langer’s Quoin (QNRX) option grant?
What does each Quoin (QNRX) ADS represent in Dennis Langer’s option grant?
Is Dennis Langer’s Quoin (QNRX) option grant reported as directly owned?
What role does Dennis Langer hold at Quoin Pharmaceuticals (QNRX) in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.