PDSB · PDS Biotechnology Corp
Substantial doubt about the company's ability to continue as a going concern.
“As a result of these uncertainties, the Company has concluded that substantial doubt exists about the Company's ability to continue as a going concern for a period of at least 12 months from the date of the issuance of these unaudited Condensed Consolidated Financial Statements.”View the 10-Q filed Aug 13, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-01-12 | Iliev Ilian |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
54,876 |
| 2026-01-12 | Ali-Jackson Kamil |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
54,876 |
| 2026-01-12 | Boesgaard Lars |
Chief Financial Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on January 12, 2027, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
300,000 |
| 2026-01-12 | Glover Stephen C. |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
54,876 |
| 2026-01-12 | Shepard Kirk V. |
Chief Medical Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on January 12, 2027, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
300,000 |
| 2026-01-12 | CONN GREGORY |
Chief Scientific Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on January 12, 2027, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
150,000 |
| 2026-01-12 | Freitag Gregory Gene |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
54,876 |
| 2026-01-12 | Toutain Stephan |
Chief Operating Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on January 12, 2027, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
300,000 |
| 2026-01-12 | BRAWLEY OTIS W |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
54,876 |
| 2026-01-12 | Brown Spencer D. |
Senior VP, General Counsel |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on January 12, 2027, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
300,000 |
| 2026-01-12 | BEDU-ADDO FRANK |
Director, President/CEO |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on January 12, 2027, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
548,782 |
| 2025-06-12 | CONN GREGORY |
Chief Scientific Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on June 12, 2026, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
40,000 |
| 2025-06-12 | Brown Spencer D. |
Senior VP, General Counsel |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on June 12, 2026, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
150,000 |
| 2025-06-12 | BEDU-ADDO FRANK |
Director, President/CEO |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on June 12, 2026, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
150,000 |
| 2025-06-12 | Boesgaard Lars |
Chief Financial Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on June 12, 2026, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
150,000 |
| 2025-06-12 | Shepard Kirk V. |
Chief Medical Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on June 12, 2026, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
150,000 |
| 2025-06-12 | Toutain Stephan |
Chief Operating Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on June 12, 2026, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
150,000 |
| 2025-06-11 | Ali-Jackson Kamil |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
22,700 |
| 2025-06-11 | Glover Stephen C. |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
22,700 |
| 2025-06-11 | Freitag Gregory Gene |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
22,700 |
| 2025-06-11 | Iliev Ilian |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
22,700 |
| 2025-06-11 | BRAWLEY OTIS W |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
22,700 |
| 2025-02-28 | Glover Stephen C. |
Director |
Buy↑
|
Common Stock
|
15,061 |
| 2025-02-28 | Freitag Gregory Gene |
Director |
Buy↑
|
Common Stock
|
15,060 |
| 2025-02-28 | Glover Stephen C. |
Director |
Buy↑
Filing footnotes — Common Warrant (Direct)
The purchase price for the Common Warrant is included in the purchase price for the shares of Common Stock reflected in Table I above. |
Common Warrant
|
15,061 |
| 2025-02-28 | Freitag Gregory Gene |
Director |
Buy↑
Filing footnotes — Common Warrant (Direct)
The purchase price for the Common Warrant is included in the purchase price for the shares of Common Stock reflected in Table I above. |
Common Warrant
|
15,060 |
| 2024-06-24 | SYKES RICHARD |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
9,000 |
| 2024-06-24 | BRAWLEY OTIS W |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
9,000 |
| 2024-06-24 | Ali-Jackson Kamil |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
9,000 |
| 2024-06-24 | Iliev Ilian |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
9,000 |
| 2024-06-24 | Glover Stephen C. |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
9,000 |
| 2024-06-24 | Freitag Gregory Gene |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
9,000 |
| 2024-05-01 | Toutain Stephan |
Chief Operating Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option was granted by the Issuer as an inducement material to the Reporting Person entering into employment with the Issuer in accordance with Nasdaq Rule 5635(c)(4) and the Issuer's 2019 Inducement Plan, as amended. The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on May 1, 2025, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
200,000 |
| 2024-05-01 | Toutain Stephan |
Chief Operating Officer |
Other↑
|
No Securities Owned
|
0 |
| 2024-02-28 | CONN GREGORY |
Chief Scientific Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on February 28, 2025, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
46,648 |
| 2024-02-28 | BEDU-ADDO FRANK |
Director, President/CEO |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on February 28,2025, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
300,000 |
| 2024-02-28 | Brown Spencer D. |
Senior VP, General Counsel |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on February 28,2025, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
56,000 |
| 2024-01-22 | Shepard Kirk V. |
Chief Medical Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option was granted by the Issuer as an inducement material to the Reporting Person entering into employment with the Issuer in accordance with Nasdaq Rule 5635(c)(4) and the Issuer's 2019 Inducement Plan, as amended. The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on January 22,2025, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
200,000 |
| 2024-01-22 | Shepard Kirk V. |
Chief Medical Officer |
Other↑
|
No Securities Owned
|
0 |
| 2023-12-04 | Boesgaard Lars |
Chief Financial Officer |
Other↑
|
No Securities Owned
|
0 |
| 2023-12-04 | Boesgaard Lars |
Chief Financial Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The option was granted by the Issuer as an inducement material to the Reporting Person entering into employment with the Issuer in accordance with Nasdaq Rule 5635(c)(4) and the Issuer's 2019 Inducement Plan, as amended. The option will vest over four years, as follows: 25% of the shares underlying the option will vest and become exercisable on December 4, 2024, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each vesting date. |
Employee Stock Option (Right to Buy)
|
200,000 |
| 2023-07-14 | Ali-Jackson Kamil |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
9,000 |
| 2023-07-14 | Glover Stephen C. |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
9,000 |
| 2023-07-14 | SYKES RICHARD |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
9,000 |
| 2023-07-14 | Freitag Gregory Gene |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
9,000 |
| 2023-07-14 | Iliev Ilian |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
9,000 |
| 2023-07-14 | BRAWLEY OTIS W |
Director |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
The Stock Option will vest in full and become fully exercisable on the first anniversary of the date of grant, subject to the Reporting Person's continued service to the Issuer as a director through such date. |
Employee Stock Option (Right to Buy)
|
9,000 |
| 2023-01-05 | Brown Spencer D. |
Senior VP, General Counsel |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
This option, representing a right to purchase a total of 20,400 shares of Common Stock, will become exercisable on January 5, 2024, with 25% vesting on that date and the remaining 75% vesting in equal monthly installments thereafter, subject to continued service to the Issuer through each vesting date, until fully vested on January 5, 2027. |
Employee Stock Option (Right to Buy)
|
20,400 |
| 2023-01-05 | BEDU-ADDO FRANK |
Director, President/CEO |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
This option, representing a right to purchase a total of 385,300 shares of Common Stock, will become exercisable on January 5, 2024, with 25% vesting on that date and the remaining 75% vesting in equal monthly installments thereafter, subject to continued service to the Issuer through each vesting date, until fully vested on January 5, 2027. |
Employee Stock Option (Right to Buy)
|
385,300 |
| 2023-01-05 | CONN GREGORY |
Chief Scientific Officer |
Award↑
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
This option, representing a right to purchase a total of 137,200 shares of Common Stock, will become exercisable on January 5, 2024, with 25% vesting on that date and the remaining 75% vesting in equal monthly installments thereafter, subject to continued service to the Issuer through each vesting date, until fully vested on January 5, 2027. |
Employee Stock Option (Right to Buy)
|
137,200 |