Oncolytics Biotech (NASDAQ: ONCY) grants director Rigby 30,000 options

Rhea-AI Filing Summary

ONCOLYTICS BIOTECH INC director Jonathan Rigby received a new stock option grant covering 30,000 common shares. The options have an exercise price of $1.06 per share, equal to the June 1, 2026 closing price on the Nasdaq Capital Market, and expire on June 1, 2036.

The grant vests in three equal annual installments, with the first tranche vesting on June 1, 2027, contingent on his continued service or employment on each vesting date. Following this award, Rigby holds stock options for 30,000 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider RIGBY JONATHAN

Role null

Type	Security	Shares	Price	Value
Grant/Award	Stock Option	30,000	$0.00	--

Holdings After Transaction: Stock Option — 30,000 shares (Direct, null)

Footnotes (1)

1. The exercise price is equal to the closing price of the Issuer's common stock on the Nasdaq Capital Market on the date of grant, June 1, 2026. The stock option vests in three equal annual installments with the first tranche vesting on June 1, 2027, subject to the Reporting Person's continued service or employment, as applicable, on each such vesting date.

Key Figures

Option grant size: 30,000 options Exercise price: $1.06 per share Expiration date: June 1, 2036 +3 more

6 metrics

Option grant size 30,000 options Stock option award to director Jonathan Rigby

Exercise price $1.06 per share Equal to closing price on June 1, 2026

Expiration date June 1, 2036 Option term endpoint

Underlying shares 30,000 shares Common shares underlying the options

Post-grant derivative holdings 30,000 options Total options held following transaction

Vesting start date June 1, 2027 First of three equal annual tranches

Key Terms

Stock Option, exercise price, vests in three equal annual installments, Nasdaq Capital Market

4 terms

Stock Option financial

"security_title: "Stock Option""

A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.

exercise price financial

"The exercise price is equal to the closing price"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vests in three equal annual installments financial

"The stock option vests in three equal annual installments"

Nasdaq Capital Market financial

"common stock on the Nasdaq Capital Market on the date of grant"

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

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Form 4 Insider Transactions: What Each Field Means →

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^*

RIGBY JONATHAN

(Last) (First) (Middle)

C/O ONCOLYTICS BIOTECH INC.

4350 EXECUTIVE DRIVE, SUITE 325

(Street)

SAN DIEGO CALIFORNIA 92121

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ONCOLYTICS BIOTECH INC [ ONCY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	$1.06(1)	06/01/2026		A		30,000		(2)	06/01/2036	Common Shares	30,000	$0	30,000	D

Explanation of Responses:

1. The exercise price is equal to the closing price of the Issuer's common stock on the Nasdaq Capital Market on the date of grant, June 1, 2026.

2. The stock option vests in three equal annual installments with the first tranche vesting on June 1, 2027, subject to the Reporting Person's continued service or employment, as applicable, on each such vesting date.

	/s/ Kirk Look, Attorney-in-Fact	06/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did ONCY director Jonathan Rigby report?

Jonathan Rigby reported receiving a stock option grant for 30,000 common shares of Oncolytics Biotech. The options were awarded as compensation, not bought on the open market, and give him the right to purchase shares at a set exercise price.

What is the exercise price of Jonathan Rigby’s ONCY stock options?

The exercise price of Jonathan Rigby’s stock options is $1.06 per share. This price equals the closing price of Oncolytics Biotech’s common stock on the Nasdaq Capital Market on June 1, 2026, the date the options were granted.

How many ONCY shares are covered by Jonathan Rigby’s new options?

The new stock option grant to Jonathan Rigby covers 30,000 underlying common shares of Oncolytics Biotech. After this transaction, his reported derivative holdings consist of options for 30,000 shares, reflecting this entire grant as a new position.

When do Jonathan Rigby’s ONCY stock options vest?

Jonathan Rigby’s stock options vest in three equal annual installments, starting June 1, 2027. Each tranche requires that he continue his service or employment through the applicable vesting date, making the grant tied to ongoing involvement with the company.

When do Jonathan Rigby’s ONCY stock options expire?

Jonathan Rigby’s stock options expire on June 1, 2036. After this expiration date, any unexercised options will lapse, meaning he would no longer have the right to purchase Oncolytics Biotech common shares at the $1.06 exercise price.