ADC Therapeutics SA·4

Feb 18, 5:43 PM ET

Zaki Mohamed 4

4 · ADC Therapeutics SA · Filed Feb 18, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-02-13
Zaki Mohamed
Chief Medical Officer
Transactions
  • Award

    Common Shares

    [F1]
    2026-02-13$3.99/sh+285,200$1,137,948707,020 total
  • Tax Payment

    Common Shares

    [F2]
    2026-02-13$3.99/sh24,603$98,166682,417 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

Documents

1 file
  • 4
    wk-form4_1771454620.xmlPrimary

    FORM 4