Artelo Biosciences (ARTL) CEO awarded 154,713 stock options
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Gorgas Gregory D.
Role
Pres, CEO, CFO, Treas & Secr
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 154,713 | $0.00 | -- |
Holdings After Transaction:
Stock Options (right to buy) — 154,713 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Artelo Biosciences (ARTL) report on this Form 4?
Artelo Biosciences reported a grant of stock options to Gregory D. Gorgas. He received 154,713 options on January 29, 2026, as equity compensation in his roles as President, CEO, CFO, Treasurer and Secretary of the company.
How many stock options were granted to Gregory D. Gorgas at ARTL?
Gregory D. Gorgas was granted 154,713 stock options. All 154,713 derivative securities are shown as beneficially owned directly following the transaction, reflecting the full size of this equity award documented in the Form 4 filing.
What are the vesting terms for Gregory Gorgas’s Artelo Biosciences options?
The options vest in 48 equal monthly installments, with one forty-eighth of the shares vesting each month. Vesting begins from the January 1, 2026 vesting commencement date, and full vesting occurs on the four-year anniversary, subject to continued service.
What is the exercise price and expiration date of the ARTL stock options?
The stock options have an exercise price of $1.68 per share. They are scheduled to expire on January 29, 2036, giving Gregory D. Gorgas a long time window in which he can choose to exercise them if vested.
Is this Artelo Biosciences Form 4 a grant or a sale of securities?
The Form 4 reflects a grant of derivative securities, not a sale. The transaction code is “A” for acquisition, covering stock options (right to buy) awarded to Gregory D. Gorgas as compensation rather than an open-market purchase or sale.
How is ownership of the granted ARTL options reported for Gregory D. Gorgas?
Ownership of the 154,713 stock options is reported as direct. The Form 4 lists the ownership form as “D” for direct, with no indication of indirect holding through another entity in the nature of ownership field or the accompanying footnote.