Turn Therapeutics Inc.·4

Apr 3, 8:06 AM ET

Chaudhary Zuraiz 4

4 · Turn Therapeutics Inc. · Filed Apr 3, 2026

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Turn Therapeutics (TTRX) Interim CFO Zuraiz Chaudhary Receives 80,000-Share Award

What Happened Zuraiz Chaudhary, Interim Chief Financial Officer (also VP of Finance & Chief Accounting Officer) of Turn Therapeutics (TTRX), was granted a derivative award covering 80,000 shares on April 1, 2026. The Form 4 reports the acquisition as an award (transaction code A) with a reported price of $0.00 — this reflects an option/award grant rather than an open-market purchase or sale. No immediate cash value or proceeds were reported.

Key Details

  • Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (filed within the standard 2-business-day window).
  • Instrument/transaction: Award (derivative) covering 80,000 shares; reported price $0.00.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: Vesting schedule — 25% vests on the first anniversary of the grant; the remaining 75% vests ratably over the following 36 months, subject to continued employment and the Issuer's 2025 Omnibus Incentive Plan.
  • Remarks: Reporting person holds the roles of Interim CFO, VP Finance & Chief Accounting Officer.

Context This was a typical equity award to an executive (not an open-market buy or sale). Such grants are commonly used for compensation and retention and generally do not indicate immediate buying or selling pressure — shares (or the economic benefit) will only accrue as the awards vest and any options are exercised according to plan terms.

Insider Transaction Report

Form 4
Period: 2026-04-01
Chaudhary Zuraiz
See Remarks
Transactions
  • Award

    Employee stock option (right to buy)

    [F1]
    2026-04-01+80,00080,000 total
    Exercise: $3.12Common Stock (80,000 underlying)
Footnotes (1)
  • [F1]The option will vest as follows: 25% will vest on the first anniversary of the grant date, with the remaining 75% vesting ratably over the following 36 months, subject to the Reporting Person's continued employment and the terms and conditions of the applicable option award and the Issuer's 2025 Omnibus Incentive Plan.
Signature
/s/ Zuraiz Chaudhary|2026-04-03

Documents

1 file
  • 4
    ownership.xmlPrimary