BioLargo director receives stock option grant
BioLargo director Christina Elaine Bray received a grant of options to purchase 165,198 shares of common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
BioLargo director Christina Elaine Bray received a grant of options to purchase 165,198 shares of common stock. The options have an exercise price of $0.1135 per share and were granted as compensation for $18,750 in board fees for the most recently completed quarter under the 2024 Equity Incentive Plan.
Following this grant, she holds options covering a total of 1,546,700 shares. This is a compensation-related award rather than an open-market transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock | 165,198 | $0.00 | $0.00 |
Footnotes (1)
- F1. This Option was issued to Reporting Person as payment for $18,750 in fees due to Reporting Person by Issuer in exchange for services on its board of directors for the most recently completed quarterly period, pursuant to the Issuer's 2024 Equity Incentive Plan. The number of shares in the Option is equal to the amount of fees due divided by the exercise price of the Option.
Key Figures
Key Terms
Option to Purchase Common Stock financial
2024 Equity Incentive Plan financial
Grant, award, or other acquisition financial
derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did BioLargo (BLGO) director Christina Elaine Bray report on this Form 4?
What is the exercise price and term of Christina Bray’s BioLargo (BLGO) stock options?
Why did BioLargo (BLGO) grant these options to director Christina Bray?
What are Christina Bray’s total BioLargo (BLGO) option holdings after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.