Bharucha David 4/A
4/A · Milestone Pharmaceuticals Inc. · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Milestone (MIST) CMO David Bharucha Receives 204,000-Share Award
What Happened
David Bharucha, Chief Medical Officer of Milestone Pharmaceuticals (MIST), was granted a derivative award covering 204,000 shares on February 2, 2026. The filing shows the acquisition price as $0.00 and is an amended Form 4 correcting prior exercise-price information. This was a grant (not an open-market purchase or sale) and the shares are subject to vesting.
Key Details
- Transaction date: February 2, 2026 (reported on amended Form 4 filed Feb 5, 2026).
- Transaction type: Derivative award/grant for 204,000 shares; reported price $0.00.
- Shares owned after transaction: Not specified in this filing.
- Footnotes:
- F1: The exercise price on the initial filings was incorrectly stated (this filing amends that).
- F2: Vesting schedule — 1/4 of the option vests on Feb 2, 2027, then 1/36th of the remaining shares vests each month thereafter, contingent on continued service.
- Filing status: Amended Form 4 (correction to earlier filing).
Context
This is a derivative grant subject to time-based vesting; it does not represent an immediate sale or open-market purchase. For retail investors, such grants are common for employee compensation and do not by themselves indicate buying or selling conviction. The amended filing corrects exercise-price information and clarifies the vesting schedule.
Insider Transaction Report
- Award
Employee Stock Option (right to buy)
[F1][F2]2026-02-02+204,000→ 204,000 totalExercise: $1.96Exp: 2036-02-02→ Common Shares (204,000 underlying)
Footnotes (2)
- [F1]The exercise price on the initial filings was incorrectly stated.
- [F2]One-fourth (1/4th) of the shares subject to the option vest on February 2, 2027, and one thirty-sixth (1/36th) of the remaining shares subject to this option shall vest each month thereafter, subject to the Reporting Person continuing to provide service through each such date.