Artelo Biosciences grants 154,713 stock options
Artelo Biosciences reported a Form 4 insider transaction for President, CEO, CFO, Treasurer and Secretary Gregory D. Gorgas.
Rhea-AI Filing Summary
Artelo Biosciences reported a Form 4 insider transaction for President, CEO, CFO, Treasurer and Secretary Gregory D. Gorgas. He was granted 154,713 stock options on January 29, 2026 with an exercise price of $1.68 per share and expiration on January 29, 2036.
These options vest in equal monthly installments, with 1/48 of the shares vesting each month starting from a vesting commencement date of January 1, 2026, so long as he continues as a service provider. The entire grant is scheduled to be fully vested after four years.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 154,713 | $0.00 | $0.00 |
Footnotes (1)
- F1. Subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's 2018 Equity Incentive Plan) through each such applicable vesting date, one forty-eighth (1/48th) of the shares subject to the option shall vest each month following the Vesting Commencement Date on the same day of the month as the Vesting Commencement Date, such that the option shall be fully vested on the four (4) year anniversary of the Vesting Commencement Date. "Vesting Commencement Date" shall mean January 1, 2026.
FAQ
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What insider transaction did Artelo Biosciences (ARTL) report on this Form 4?
How many stock options were granted to Gregory D. Gorgas at ARTL?
What are the vesting terms for Gregory Gorgas’s Artelo Biosciences options?
What is the exercise price and expiration date of the ARTL stock options?
Is this Artelo Biosciences Form 4 a grant or a sale of securities?
How is ownership of the granted ARTL options reported for Gregory D. Gorgas?
AI-generated analysis. How Rhea-AI works. Not financial advice.