false
0001130598
0001130598
2025-10-12
2025-10-12
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
October 12, 2025
Traws
Pharma, Inc.
(Exact name of Registrant as specified in its
charter)
| Delaware |
|
001-36020 |
|
22-3627252 |
(State or Other Jurisdiction
of Incorporation or Organization) |
|
(Commission
File Number) |
|
(I.R.S. Employer
Identification No.) |
12 Penns Trail
Newtown, PA 18940 |
| (267)
759-3680 |
(Address,
Including Zip Code, and Telephone Number, Including Area Code, of Registrant’s Principal Executive
Offices)
Not Applicable
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
| Common
stock, par value $.01 per share |
TRAW |
The
Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02 Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 12, 2025,
the Compensation Committee of the Board of Directors of Traws Pharma, Inc. (the “Company”) approved the grant of options to
purchase shares of Company common stock (collectively, the “Options”) to the Company’s executive officers, as follows:
64,839 Options to Iain Dukes, the Company’s Chief Executive Officer; 32,406 Options to Charles Parker, the Company’s Chief
Financial Officer; 32,406 Options to C. David Pauza, the Company’s Chief Science Officer, Virology; 32,406 Options to Robert Redfield,
the Company’s Chief Medical Officer; and 22,435 Options to Nikolay Savchuk, the Company’s Chief Operating Officer. The Options
have an exercise price of $3.01 per share (the closing price of the Company’s common stock on October 10, 2025), have a ten year
term, and vest in full on the first anniversary of the grant date, subject to the respective recipient’s continued service to the
Company through the vesting date. The Options were granted under the Company’s Amended and Restated 2021 Incentive Compensation
Plan.
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
| Date: October 17, 2025 |
TRAWS PHARMA, INC. |
| |
|
|
| |
By: |
/s/ Iain Dukes |
| |
|
Iain Dukes |
| |
|
Chief Executive Officer |