Zaki Mohamed 4
4 · ADC Therapeutics SA · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
ADC Therapeutics (ADCT) CMO Zaki Mohamed Receives Award
What Happened
- Zaki Mohamed, Chief Medical Officer of ADC Therapeutics (ADCT), was awarded 285,200 common shares (restricted share units) on 2026-02-13 at a reported value/price of $3.99/share (total value $1,137,948). On the same date the issuer withheld 24,603 shares at $3.99/share (value $98,166) to satisfy the reporting person’s tax withholding obligations related to previously vested RSUs. The 285,200-share award vests one-third on each anniversary starting Feb 13, 2027 (per filing footnote).
Key Details
- Transaction dates and prices:
- 2026-02-13 — Award (code A): 285,200 shares @ $3.99 = $1,137,948 (RSU grant)
- 2026-02-13 — Tax withholding (code F): 24,603 shares @ $3.99 = $98,166 (shares withheld/ disposed to cover taxes)
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes:
- F1: Awarded RSUs settle as common shares and vest 1/3 on each anniversary beginning Feb 13, 2027, subject to continued service.
- F2: The withheld 24,603 shares were retained by the issuer to satisfy tax withholding on vested RSUs previously granted.
- Filing timeliness: Form 4 filed 2026-02-18 for a 2026-02-13 transaction — appears filed within the required reporting window (timely).
Context
- These transactions are RSU awards and corporate tax-withholding actions, not open-market purchases or sales. The award itself is compensation (not a buy signal); the withheld shares represent a tax settlement rather than a discretionary sale.
Insider Transaction Report
Form 4
Zaki Mohamed
Chief Medical Officer
Transactions
- Award
Common Shares
[F1]2026-02-13$3.99/sh+285,200$1,137,948→ 707,020 total - Tax Payment
Common Shares
[F2]2026-02-13$3.99/sh−24,603$98,166→ 682,417 total
Footnotes (2)
- [F1]Represents Common Shares to be delivered in settlement of a restricted share unit award which vests one-third on the first anniversary of the grant date, which grant date is February 13, 2026, and then one-third on each anniversary date thereafter, upon continued service through the designated vesting event.
- [F2]Represents the number of Common Shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted share units previously granted.
Signature
/s/ Lisa Kallebo, Attorney-in-Fact for Mohamed Zaki|2026-02-18