Turn Therapeutics (TTRX) director receives 21,882 RSUs grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Turn Therapeutics Inc. director Martin William Dewhurst received an award of 21,882 restricted stock units (RSUs) of common stock on January 7, 2026 at a price of $0 per unit. Each RSU represents the right to receive one share of common stock.
The 21,882 RSUs vest in full on January 7, 2027, provided Dewhurst continues to serve the company through that date. The award was made under Turn Therapeutics’ 2025 Omnibus Incentive Plan and is held directly by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dewhurst Martin William
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,882 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 21,882 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Turn Therapeutics (TTRX) report in this Form 4?
Turn Therapeutics reported that director Martin William Dewhurst received 21,882 restricted stock units of common stock on January 7, 2026. These RSUs were granted at a price of $0 per unit as an equity-based compensation award under the company’s 2025 Omnibus Incentive Plan.
When do Martin William Dewhurst’s Turn Therapeutics (TTRX) RSUs vest?
All 21,882 restricted stock units vest in full on January 7, 2027. Vesting is conditioned on Dewhurst’s continuous service with Turn Therapeutics through that date, consistent with the vesting schedule and conditions in the applicable RSU award agreement.
What is the exercise or purchase price of the Turn Therapeutics (TTRX) RSUs?
The Form 4 lists a transaction price of $0 per RSU for the 21,882 restricted stock units granted. This reflects that RSUs are typically granted as compensation, giving the holder the right to receive shares without paying a purchase price at vesting.
Under which plan were the Turn Therapeutics (TTRX) RSUs granted to the director?
The restricted stock units were granted under Turn Therapeutics’ 2025 Omnibus Incentive Plan. The plan governs the vesting schedule and conditions, including the requirement that Dewhurst maintain continuous service to receive the 21,882 common shares upon vesting.
Is the Turn Therapeutics (TTRX) RSU award held directly or indirectly by the reporting person?
The Form 4 indicates that the 21,882 restricted stock units are held directly by Martin William Dewhurst. The ownership form is marked as “D” for direct, and no nature of indirect beneficial ownership is disclosed in the filing.