SALAMON STEVEN A J 4
Research Summary
AI-generated summary
Delcath (DCTH) Director Steven Salamon Receives 22,500-Share Award
What Happened
- Steven A. J. Salamon, a director of Delcath Systems, Inc. (DCTH), received a grant reported on 2026-05-13 of 22,500 derivative shares (an option/award) at a $0.00 price. The reported acquisition value is $0. This is an award/grant (not a sale or open-market purchase).
Key Details
- Transaction date: 2026-05-13; Filing date: 2026-05-14 (timely filing).
- Type: Grant / Award (derivative); Amount: 22,500 shares; Price shown: $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The option vests at one-twelfth (1/12) per month starting May 13, 2026 while the reporting person remains a director. The option expires the earlier of 10 years from the grant date or, for vested options, two years from the last day of service.
- No indication this was an immediate exercise or sale (no cashless exercise or disposition reported).
Context
- This is an equity award (derivative/option) granted to a director and should be viewed as a compensation/retention-type award rather than an open-market purchase or insider sale. It does not generate immediate proceeds and does not by itself indicate the director bought or sold shares.