Ajay Raju - 22 Jul 2025 Form 4 Insider Report for Medicus Pharma Ltd. (MDCX)

Role: Director, 10%+ Owner
Signature: /s/ Ajay Raju
Issuer symbol: MDCX
Transactions as of: 22 Jul 2025
Transactions value $: $0
Form type: 4
Filing time: 24 Jul 2025, 17:19:38 UTC
Previous filing: 31 Dec 2024
Next filing: 18 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Raju Ajay	Director, 10%+ Owner	TWO LIBERTY PLACE, 50 S. 16TH STREET, SUITE 2710, PHILADELPHIA	/s/ Ajay Raju	24 Jul 2025	0002049841

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MDCX	Stock Option (right to buy)	Award	$0	+25,000		$0.000000	25,000	22 Jul 2025	Common Shares	25,000	$3.08	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option was granted to Ajay Raju for his service as a director of the Company on July 22, 2025. The option is scheduled to vest quarterly in four equal installments over one year.

Remarks:

Exhibit List - Exhibit 24.1 - Power of Attorney