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[Form 4] Praxis Precision Medicines, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Praxis Precision Medicines, Inc. (PRAX) filed a Form 4 disclosing that director Dean J. Mitchell received a new stock option grant for 10,520 common shares on 26 June 2025. The option carries an exercise price of $44.04 and expires on 26 June 2035. Vesting occurs in twelve equal monthly installments over one year starting on the grant date. No common shares were bought or sold; this is purely an equity-based compensation award that increases Mr. Mitchell’s derivative holdings to 10,520 options, all held directly. The transaction is routine and designed to align director incentives with shareholder interests, with minimal immediate balance-sheet or ownership impact on PRAX.

Praxis Precision Medicines, Inc. (PRAX) ha presentato un Modulo 4 comunicando che il direttore Dean J. Mitchell ha ricevuto una nuova concessione di opzioni su azioni per 10.520 azioni ordinarie il 26 giugno 2025. L'opzione ha un prezzo di esercizio di 44,04 $ e scade il 26 giugno 2035. Il vesting avviene in dodici rate mensili uguali nell'arco di un anno a partire dalla data di concessione. Non sono state acquistate o vendute azioni ordinarie; si tratta esclusivamente di un premio di compensazione basato su equity che porta la detenzione derivata del Sig. Mitchell a 10.520 opzioni, tutte detenute direttamente. L'operazione è di routine ed è pensata per allineare gli incentivi del direttore con gli interessi degli azionisti, con un impatto minimo immediato sul bilancio o sulla proprietà di PRAX.

Praxis Precision Medicines, Inc. (PRAX) presentó un Formulario 4 revelando que el director Dean J. Mitchell recibió una nueva concesión de opciones sobre acciones por 10,520 acciones comunes el 26 de junio de 2025. La opción tiene un precio de ejercicio de $44.04 y vence el 26 de junio de 2035. La adquisición de derechos ocurre en doce cuotas mensuales iguales durante un año a partir de la fecha de concesión. No se compraron ni vendieron acciones comunes; esto es puramente una compensación basada en acciones que aumenta las tenencias derivadas del Sr. Mitchell a 10,520 opciones, todas mantenidas directamente. La transacción es rutinaria y está diseñada para alinear los incentivos del director con los intereses de los accionistas, con un impacto mínimo inmediato en el balance o la propiedad de PRAX.

Praxis Precision Medicines, Inc. (PRAX)� 이사 Dean J. Mitchell2025� 6� 26�10,520� 보통주에 대� 스톡옵션 부�� 받았음을 공시하는 Form 4� 제출했습니다. � 옵션� 행사갶격은 $44.04이며 만료일은 2035� 6� 26�입니�. 권리 취득은 부여일로부� 1� 동안 매월 동일� 12� 분할� 이루어집니다. 보통� 매매� 없었으며, 이는 순수� 주식 기반 보상으로 미첼 씨의 파생 보유량이 직접 보유� 10,520옵션으로 증갶합니다. � 거래� 일상적인 절차�, 이사� 인센티브� 주주 이익� 일치시키� 위한 것이� PRAX� 재무제표� 소유권에 즉각적인 � 영향� 미치지 않습니다.

Praxis Precision Medicines, Inc. (PRAX) a déposé un formulaire 4 révélant que le directeur Dean J. Mitchell a reçu une nouvelle attribution d'options d'achat d'actions portant sur 10 520 actions ordinaires le 26 juin 2025. L'option a un prix d'exercice de 44,04 $ et expire le 26 juin 2035. La période d'acquisition s'effectue en douze versements mensuels égaux sur un an à compter de la date d'attribution. Aucune action ordinaire n'a été achetée ou vendue ; il s'agit uniquement d'une rémunération en actions qui augmente les avoirs dérivés de M. Mitchell à 10 520 options, toutes détenues directement. La transaction est routinière et vise à aligner les incitations du directeur avec les intérêts des actionnaires, avec un impact immédiat minimal sur le bilan ou la propriété de PRAX.

Praxis Precision Medicines, Inc. (PRAX) reichte ein Formular 4 ein, das offenlegt, dass Direktor Dean J. Mitchell am 26. Juni 2025 eine neue Aktienoptionszuteilung für 10.520 Stammaktien erhalten hat. Die Option hat einen Ausübungspreis von 44,04 $ und läuft am 26. Juni 2035 ab. Die Vesting erfolgt in zwölf gleichen monatlichen Raten über ein Jahr ab dem Zuteilungsdatum. Es wurden keine Stammaktien gekauft oder verkauft; dies ist eine rein aktienbasierte Vergütung, die Herrn Mitchells derivative Beteiligungen auf 10.520 Optionen erhöht, die alle direkt gehalten werden. Die Transaktion ist routinemäßig und darauf ausgelegt, die Anreize des Direktors mit den Interessen der Aktionäre in Einklang zu bringen, mit minimalen unmittelbaren Auswirkungen auf die Bilanz oder Eigentumsverhältnisse von PRAX.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine option grant; aligns incentives, negligible market impact.

The Form 4 shows a standard director compensation action—a 10,520-share option at $44.04. No shares changed hands, so cash flow and share count are unaffected. The grant size is immaterial relative to PRAX’s total shares outstanding, suggesting limited dilution risk. Because vesting spans only one year, alignment occurs quickly, but investors should note that true value depends on future share-price appreciation above $44.04. Overall, this filing is informational rather than market-moving.

TL;DR: Standard equity compensation; governance-compliant, not impactful.

The option grant follows typical board-compensation practice: a ten-year term, reasonable size, and clearly disclosed vesting schedule. There is no evidence of accelerated vesting, repricing, or 10b5-1 complications. Governance frameworks view such grants as best practice for aligning director interests with shareholders. Absent additional insider buying or selling, the disclosure has neutral significance for governance risk assessments.

Praxis Precision Medicines, Inc. (PRAX) ha presentato un Modulo 4 comunicando che il direttore Dean J. Mitchell ha ricevuto una nuova concessione di opzioni su azioni per 10.520 azioni ordinarie il 26 giugno 2025. L'opzione ha un prezzo di esercizio di 44,04 $ e scade il 26 giugno 2035. Il vesting avviene in dodici rate mensili uguali nell'arco di un anno a partire dalla data di concessione. Non sono state acquistate o vendute azioni ordinarie; si tratta esclusivamente di un premio di compensazione basato su equity che porta la detenzione derivata del Sig. Mitchell a 10.520 opzioni, tutte detenute direttamente. L'operazione è di routine ed è pensata per allineare gli incentivi del direttore con gli interessi degli azionisti, con un impatto minimo immediato sul bilancio o sulla proprietà di PRAX.

Praxis Precision Medicines, Inc. (PRAX) presentó un Formulario 4 revelando que el director Dean J. Mitchell recibió una nueva concesión de opciones sobre acciones por 10,520 acciones comunes el 26 de junio de 2025. La opción tiene un precio de ejercicio de $44.04 y vence el 26 de junio de 2035. La adquisición de derechos ocurre en doce cuotas mensuales iguales durante un año a partir de la fecha de concesión. No se compraron ni vendieron acciones comunes; esto es puramente una compensación basada en acciones que aumenta las tenencias derivadas del Sr. Mitchell a 10,520 opciones, todas mantenidas directamente. La transacción es rutinaria y está diseñada para alinear los incentivos del director con los intereses de los accionistas, con un impacto mínimo inmediato en el balance o la propiedad de PRAX.

Praxis Precision Medicines, Inc. (PRAX)� 이사 Dean J. Mitchell2025� 6� 26�10,520� 보통주에 대� 스톡옵션 부�� 받았음을 공시하는 Form 4� 제출했습니다. � 옵션� 행사갶격은 $44.04이며 만료일은 2035� 6� 26�입니�. 권리 취득은 부여일로부� 1� 동안 매월 동일� 12� 분할� 이루어집니다. 보통� 매매� 없었으며, 이는 순수� 주식 기반 보상으로 미첼 씨의 파생 보유량이 직접 보유� 10,520옵션으로 증갶합니다. � 거래� 일상적인 절차�, 이사� 인센티브� 주주 이익� 일치시키� 위한 것이� PRAX� 재무제표� 소유권에 즉각적인 � 영향� 미치지 않습니다.

Praxis Precision Medicines, Inc. (PRAX) a déposé un formulaire 4 révélant que le directeur Dean J. Mitchell a reçu une nouvelle attribution d'options d'achat d'actions portant sur 10 520 actions ordinaires le 26 juin 2025. L'option a un prix d'exercice de 44,04 $ et expire le 26 juin 2035. La période d'acquisition s'effectue en douze versements mensuels égaux sur un an à compter de la date d'attribution. Aucune action ordinaire n'a été achetée ou vendue ; il s'agit uniquement d'une rémunération en actions qui augmente les avoirs dérivés de M. Mitchell à 10 520 options, toutes détenues directement. La transaction est routinière et vise à aligner les incitations du directeur avec les intérêts des actionnaires, avec un impact immédiat minimal sur le bilan ou la propriété de PRAX.

Praxis Precision Medicines, Inc. (PRAX) reichte ein Formular 4 ein, das offenlegt, dass Direktor Dean J. Mitchell am 26. Juni 2025 eine neue Aktienoptionszuteilung für 10.520 Stammaktien erhalten hat. Die Option hat einen Ausübungspreis von 44,04 $ und läuft am 26. Juni 2035 ab. Die Vesting erfolgt in zwölf gleichen monatlichen Raten über ein Jahr ab dem Zuteilungsdatum. Es wurden keine Stammaktien gekauft oder verkauft; dies ist eine rein aktienbasierte Vergütung, die Herrn Mitchells derivative Beteiligungen auf 10.520 Optionen erhöht, die alle direkt gehalten werden. Die Transaktion ist routinemäßig und darauf ausgelegt, die Anreize des Direktors mit den Interessen der Aktionäre in Einklang zu bringen, mit minimalen unmittelbaren Auswirkungen auf die Bilanz oder Eigentumsverhältnisse von PRAX.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MITCHELL DEAN J

(Last) (First) (Middle)
C/O PRAXIS PRECISION MEDICINES, INC.
99 HIGH STREET, 30TH FLOOR

(Street)
BOSTON MA 02110

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Praxis Precision Medicines, Inc. [ PRAX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $44.04 06/26/2025 A 10,520 (1) 06/26/2035 Common Stock 10,520 $0 10,520 D
Explanation of Responses:
1. The shares subject to this option shall vest in twelve (12) equal monthly installments over one (1) year commencing on June 26, 2025.
Remarks:
/s/ Alex Nemiroff, as Attorney-in-Fact 06/27/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did PRAX report on 26 June 2025?

PRAX disclosed that director Dean J. Mitchell received a stock option grant for 10,520 shares at an exercise price of $44.04.

How many shares are covered by the option granted to Dean J. Mitchell?

The option covers 10,520 common shares.

What is the exercise price and expiration date of the option?

The option’s exercise price is $44.04 and it expires on 26 June 2035.

When will the PRAX option granted on 26 June 2025 vest?

It vests in twelve equal monthly installments over one year beginning on 26 June 2025.

Does the Form 4 indicate any sale of PRAX shares by the director?

No. The filing reports only an option grant; no shares were purchased or sold.
Praxis Precision Medicines, Inc.

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Biotechnology
Pharmaceutical Preparations
United States
BOSTON