Quoin Pharma director granted 21,709 share options
Quoin Pharmaceuticals director granted stock options Quoin Pharmaceuticals, Ltd. reported that director Anthony James Culverwell received a grant of share options on February 4, 2026.
Rhea-AI Filing Summary
Quoin Pharmaceuticals director granted stock options
Quoin Pharmaceuticals, Ltd. reported that director Anthony James Culverwell received a grant of share options on February 4, 2026. The award covers 21,709 American Depositary Shares (ADSs), each with an exercise price of $7.37 per ADS and no purchase price for the grant itself.
Each ADS represents thirty-five ordinary shares of the company. The option vests over four years, with 20% vesting on each of February 4, 2027, February 4, 2028 and February 4, 2029, and the remaining 40% vesting on February 4, 2030. After this transaction, Culverwell directly holds options over 21,709 ADSs.
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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
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What did the Quoin Pharmaceuticals (QNRX) Form 4 filing report?
How many Quoin Pharmaceuticals (QNRX) ADS options were granted?
What is the exercise price of the new Quoin (QNRX) stock options?
How do the Quoin Pharmaceuticals (QNRX) options vest over time?
What does each Quoin Pharmaceuticals (QNRX) ADS represent?
Is the Quoin (QNRX) Form 4 transaction a purchase in the open market?
AI-generated analysis. How Rhea-AI works. Not financial advice.