Cellectar Biosciences, Inc.·4

Jul 8, 9:04 PM ET

Swirsky Douglas J 4

4 · Cellectar Biosciences, Inc. · Filed Jul 8, 2026

Research Summary

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Cellectar (CLRB) Director Douglas Swirsky Receives 37,500-Share Award

What Happened
Douglas J. Swirsky, a director of Cellectar Biosciences, was granted a derivative award for 37,500 shares on July 7, 2026. The grant is reported at $0.00 per share (no cash paid at grant). The award is a compensated equity grant rather than an open-market purchase or sale.

Key Details

  • Transaction date: 2026-07-07; Form 4 filed: 2026-07-08 (timely filing).
  • Instrument: Derivative award/option-type grant for 37,500 shares reported at $0.00.
  • Vesting: The award "shall vest in full on July 7, 2027," subject to continued service (footnote).
  • Shares owned after transaction: Not specified in this Form 4.
  • Filing timeliness: Filed the next calendar day (no late-file indication).

Context
This is a compensation-related equity grant typical for directors; it is not an open-market purchase or sale and does not by itself signal buying or selling intent. As a derivative award, its eventual value to the insider depends on future vesting and Cellectar’s stock price at the time of vesting or conversion.

Insider Transaction Report

Form 4
Period: 2026-07-07
Transactions
  • Award

    Stock option (right to buy)

    [F1]
    2026-07-07+37,50037,500 total
    Exercise: $2.70Exp: 2036-07-07Common stock (37,500 underlying)
Footnotes (1)
  • [F1]This option shall vest in full on July 7, 2027, subject to the reporting person's continued service through the applicable vesting date.
Signature
/s/ Chad Kolean, attorney-in-fact for Douglas Swirsky|2026-07-08

Documents

1 file
  • 4
    tm2620095-3_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT