ALR Technologies director reports initial holdings
ALR Technologies SG Ltd. director Stafford Peter H filed an initial ownership report showing his current stake in the company.
Rhea-AI Filing Summary
ALR Technologies SG Ltd. director Stafford Peter H filed an initial ownership report showing his current stake in the company. He holds a stock option over 10,000,000 ordinary shares at an exercise price of $0.01 per share, expiring on June 30, 2028. He also owns 1,375,000 ordinary shares directly and 125,000 ordinary shares indirectly through his spouse. A prior reorganization converted his former ALR Technologies Inc. equity into equivalent ALR Technologies SG Ltd. ordinary shares and options.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Stafford Peter H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option — 10,000,000 contracts (Direct);
Ordinary Shares — 1,375,000 shares (Direct);
Ordinary Shares — 125,000 shares (Indirect, By Spouse)
Footnotes (1)
- F1. On November 7, 2022, ALR Technologies Inc. completed a merger by and among ALR Technologies Inc., ALR Technologies SG Ltd. (the "Company") and its wholly-owned subsidiary, ALRT Delaware, Inc., ("ALR Delaware"), pursuant to which ALR Delaware merged with and into ALR Technologies Inc. (the "Redomicile Merger"), with ALR Technologies Inc. continuing as the surviving entity and a wholly-owned subsidiary of ALR Singapore. The Redomicile Merger resulted in ALR Singapore becoming a parent company and successor to ALR Technologies Inc. At the effective time of the Redomicile Merger, each outstanding share of ALR Technologies Inc. common stock was converted into the right to receive one ordinary share of ALR Singapore, and each option or warrant to purchase shares of Common Stock beneficially owned by the reporting person was converted into an option or warrant to subscribe for an equivalent number of ALR Singapore Ordinary Shares at an equivalent exercise price.
Key Figures
Stock option underlying shares: 10,000,000 shares
Option exercise price: $0.01 per share
Option expiration date: June 30, 2028
+3 more
6 metrics
Stock option underlying shares
10,000,000 shares
Underlying ordinary shares for stock option holding
Option exercise price
$0.01 per share
Exercise price for stock option on ordinary shares
Option expiration date
June 30, 2028
Expiration of stock option over ordinary shares
Direct ordinary shares
1,375,000 shares
Ordinary shares held directly after reported holdings
Indirect ordinary shares by spouse
125,000 shares
Ordinary shares held indirectly through spouse
Total option position reported
10,000,000 underlying shares
Remaining derivative position in Form 3
Key Terms
Stock Option, Ordinary Shares, Redomicile Merger, wholly-owned subsidiary, +1 more
5 terms
Stock Option financial
"security_title: "Stock Option" and derivativeSummary entries"
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.
Redomicile Merger financial
"the Redomicile Merger resulted in ALR Singapore becoming a parent company"
wholly-owned subsidiary financial
"its wholly-owned subsidiary, ALRT Delaware, Inc."
A wholly-owned subsidiary is a company whose entire ownership is held by another company, called the parent, so the parent controls all shares, board appointments and major decisions. For investors this matters because the subsidiary’s profits, losses, assets and liabilities are treated as part of the parent’s financial picture, affecting valuation and risk exposure — imagine a parent owning a single storefront outright and consolidating its receipts and bills into the parent’s books.
exercise price financial
"an equivalent number of ALR Singapore Ordinary Shares at an equivalent exercise 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Stafford Peter H report in his ALRTF Form 3 filing?
The Form 3 shows Stafford Peter H’s initial ownership in ALR Technologies SG Ltd., including stock options and ordinary shares. It outlines how many shares he controls directly and indirectly, helping investors understand his baseline stake as a company director.
How many ALR Technologies (ALRTF) options does Stafford Peter H hold?
He holds a stock option linked to 10,000,000 ALR Technologies SG Ltd. ordinary shares. The option carries an exercise price of $0.01 per share and expires on June 30, 2028, indicating a large potential equity position if fully exercised in the future.
What indirect ALRTF holdings are reported through Stafford Peter H’s spouse?
The filing shows 125,000 ALR Technologies SG Ltd. ordinary shares held indirectly, noted as owned "By Spouse." This means a portion of the reported ownership is attributed through his spouse’s holdings rather than held directly in his own name.
How did the ALR Technologies redomicile merger affect Stafford Peter H’s holdings?
A prior redomicile merger converted each ALR Technologies Inc. common share into one ALR Technologies SG Ltd. ordinary share. It also converted his options and warrants into rights over equivalent numbers of ALR Singapore ordinary shares at equivalent exercise prices, preserving economic terms.
Does the ALRTF Form 3 show any recent insider buying or selling?
The Form 3 presents holdings rather than new trades, listing existing options and ordinary shares. It does not classify transactions as purchases or sales, instead establishing Stafford Peter H’s ownership baseline as a director at the reported date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
