Adsett Roger 4
4 · Definium Therapeutics, Inc. · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
Definium (DFTX) Director Roger Adsett Receives Award of 50,000 Options
What Happened
Roger Adsett, a director of Definium Therapeutics, was granted a derivative award on January 29, 2026 covering 50,000 shares. The reported acquisition price is $0.00 (a zero-dollar grant entry typical for option awards on Form 4); no cash was paid at grant. This is an award of an option-like instrument, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-29 (reported filing date: 2026-01-29) — filing appears timely.
- Transaction type: Grant / Award (derivative instrument) of 50,000 shares; reported price $0.00.
- Vesting/exercise terms: Per footnote, the shares underlying the option vest and become exercisable over three years — 1/3 on the first anniversary of the grant, with the remaining 2/3 vesting in 24 equal monthly installments thereafter, subject to continuous service.
- Shares owned after transaction: Not specified in the provided excerpt of the filing (check full Form 4 for "Amount Beneficially Owned" if needed).
- No indication of a sale, cashless exercise, tax withholding, 10b5-1 plan, or late filing in the disclosed entry.
Context
This is a standard equity compensation grant to a director. It does not involve an immediate purchase or sale of stock and does not on its own signal insider buying or selling — value will depend on future vesting, exercisability, and any eventual exercise price. Retail investors tracking insider activity should note the vesting schedule and monitor future filings for exercises or open-market transactions.
Insider Transaction Report
- Award
Stock Option (Right to Buy)
[F1]2026-01-29+50,000→ 50,000 totalExercise: $17.24Exp: 2036-01-28→ Common Shares (50,000 underlying)
Footnotes (1)
- [F1]The shares underlying the option shall vest and become exercisable over a three-year period with 1/3 vesting on the first anniversary of the date of the grant and the remaining vesting in 24 equal monthly installments thereafter, subject to the Reporting Person providing continuous service to the Issuer as of each such vesting date.