Edgewise Therapeutics, Inc.·4

Jun 16, 6:19 PM ET

Edris Badreddin 4

Research Summary

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Edgewise (EWTX) Director Edris Badreddin Receives Awards

What Happened

  • Edris Badreddin, a director of Edgewise Therapeutics (EWTX), was granted two equity awards on June 5, 2026: 5,619 restricted stock units (RSUs) and 8,188 stock options. Both grants are reported as derivative awards with an acquisition price of $0 in the Form 4 filing.

Key Details

  • Transaction date: June 5, 2026 (Form 4 filed June 16, 2026).
  • Awards: 5,619 RSUs and 8,188 stock options; acquisition price reported as $0 (grant/award).
  • Vesting (footnotes):
    • RSUs: 100% vest on the earlier of June 5, 2027 or the business day prior to the 2027 annual meeting.
    • Stock options: 100% vest on the earlier of June 5, 2027 or the business day prior to the 2027 annual meeting.
  • Shares owned after transaction: Not specified in the provided excerpt of the filing.
  • Timeliness: The Form 4 was filed 11 days after the transaction date; this is later than the typical two-business-day filing requirement for Form 4s.

Context

  • These awards are compensation-style grants to a director (common for board pay) rather than purchases or sales. RSUs convert to common shares upon vesting; options give the holder the right to buy shares under the option terms (exercise price not shown in the provided summary).
  • Such grants are routine corporate compensation and do not by themselves indicate a buy/sell decision by the insider.