Levy Adam Scott 4

4 · Mineralys Therapeutics, Inc. · Filed Feb 20, 2026

AI-generated summary of this filing

Updated Feb 21, 2026

Mineralys (MLYS) CFO Adam Levy Receives RSUs and Option Award

What Happened

Adam Scott Levy, CFO and Secretary of Mineralys Therapeutics (MLYS), received equity awards on February 19, 2026. The filing shows a grant of 39,900 Restricted Stock Units (RSUs) and a derivative award covering 53,300 share-equivalents, both reported at $0.00 acquisition price. Combined, these awards represent 93,200 share-equivalents granted as compensation (no cash paid).

Key Details

Transaction date: 2026-02-19; Form 4 filed 2026-02-20 (timely).
Reported consideration: $0.00 (awarded as compensation).
RSU grant: 39,900 RSUs (footnote F1) — each RSU converts to one share on vesting; vests in annual installments over four years (1/4 each year).
Derivative grant: 53,300 share-equivalents (footnote F2 indicates an option-style award) — vests monthly over four years (1/48 each month).
Shares owned after transaction: not specified in the provided Form 4 data.
No sale, purchase, or cash exercise reported; these are compensation grants, not open-market trades.

Context

RSUs become actual shares only as they vest; the derivative award appears to be an option-like instrument that vests monthly and does not represent immediately tradable shares until vested/exercised.
Grants like these are common for executive compensation and do not by themselves indicate insider buying or selling intent.

Form 4

Period: 2026-02-19

CFO and Secretary

Transactions

Award
Common Stock
[F1]
2026-02-19+39,900→ 48,538 total
Award
Stock Option
[F2]
2026-02-19+53,300→ 53,300 total
Exercise: $28.06Exp: 2036-02-19→ Common Stock (53,300 underlying)

Footnotes (2)

[F1]Restricted Stock Units (RSUs) are granted to the reporting person for no additional cash consideration, each of which represents a contingent right to receive one share of common stock upon vesting. The RSUs vest in annual installments over a period of four years, with 1/4th of the total shares underlying the RSU vesting on each one-year anniversary of the date of grant.
[F2]The stock option vests in monthly installments over a period of four years, with 1/48th of the total shares underlying the option vesting each one-month period following the date of grant

Signature

/s/ Adam Levy|2026-02-20

1 file