ProMIS Neurosciences Inc.·4

May 22, 4:35 PM ET

WYMAN WILLIAM W 4

4 · ProMIS Neurosciences Inc. · Filed May 22, 2026

Research Summary

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ProMIS (PMN) Director William Wyman Receives 16,500 Share Awards

What Happened

  • William W. Wyman, a director of ProMIS Neurosciences, was granted derivative awards totaling 16,500 shares on May 20, 2026. The filing reports two awards: 5,500 shares and 11,000 shares, each recorded at $0 on Form 4 (derivative securities rather than an open‑market purchase).

Key Details

  • Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (appears timely under the two-business-day rule).
  • Awards: 5,500- and 11,000-share derivative grants; reported price/value on the Form 4: $0 (these are awards/options/RSUs, not a cash purchase).
  • Vesting (from filing footnotes):
    • 5,500-share award: vests in full on May 20, 2027, subject to continued board service (F1).
    • 11,000-share award: 25% vested on grant; remaining shares vest ratably over 36 months, subject to continued service (F2).
  • Shares owned after the transaction: not specified in the Form 4 filing.
  • Filing status: timely (filed two days after the transaction date).

Context

  • These were awards (derivative grants), not purchases or sales. Such grants are commonly used for director compensation and do not by themselves indicate buying or selling for investment purposes.
  • Because the awards vest over time (and some portions are not immediately vested), they may not be freely tradable until vesting conditions are met.

Insider Transaction Report

Form 4
Period: 2026-05-20
Transactions
  • Award

    Option (right to buy)

    [F1]
    2026-05-20+5,5005,500 total
    Exercise: $10.77Exp: 2036-05-20Common Shares (5,500 underlying)
  • Award

    Option (right to buy)

    [F2]
    2026-05-20+11,00011,000 total
    Exercise: $10.77Exp: 2036-05-20Common Shares (11,000 underlying)
Footnotes (2)
  • [F1]The shares subject to this option shall vest in full on May 20, 2027, subject to continued service on the Board.
  • [F2]25% of the shares subject to this option vested upon grant with the remaining shares vesting ratably over thirty-six months, subject to continued service on the Board.
Signature
/s/ Max Milbury, Attorney in Fact for William Wyman|2026-05-22

Documents

1 file
  • 4
    tm2615475-9_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT