Kester Kent Edward 4
4 · Turn Therapeutics Inc. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
Turn Therapeutics (TTRX) Director Kester Kent Edward Receives 83,334-Share Award
What Happened
- Kester Kent Edward, a director of Turn Therapeutics (TTRX), received a derivative equity award covering 83,334 shares on 2026-06-04. The Form 4 reports the award at $0.00 per share (no cash paid at grant). This is an equity compensation grant (transaction code A), not a purchase or sale.
Key Details
- Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (filed within the two-business-day window).
- Award: 83,334 shares (derivative/option) reported at $0.00 per share.
- Shares owned after transaction: not specified in the provided summary—see the full Form 4 for total beneficial ownership.
- Footnote (F1): The option vests in 12 equal monthly installments on the last day of each month, beginning June 30, 2026, subject to continued service and the Issuer’s 2025 Omnibus Incentive Plan.
- Transaction code: A (award/grant).
Context
- This was a compensation grant (an option/derivative award) rather than an open-market purchase or sale; such awards are common for executives/directors and reflect pay, not an immediate buy/sell market signal.
- Vesting over 12 months means the shares/options will only become exercisable/owned if the director remains with the company and conditions of the plan are met.
Insider Transaction Report
Form 4
Kester Kent Edward
Director
Transactions
- Award
Stock option (right to buy)
[F1]2026-06-04+83,334→ 83,334 totalExercise: $5.75Exp: 2036-06-04→ Common Stock (83,334 underlying)
Footnotes (1)
- [F1]The option will vest in twelve (12) equal monthly installments, on the last day of each calendar month, commencing on June 30, 2026, subject to the Reporting Person's continued employment and the terms and conditions of the applicable option award and the Issuer's 2025 Omnibus Incentive Plan.
Signature
/s/ Zuraiz Chaudhary, attorney-in-fact for Kent Edward Kester|2026-06-08