BioLargo (BLGO) director granted 81,389-share stock option for quarterly board fees
Rhea-AI Filing Summary
BioLargo, Inc. director reported receiving a stock option grant as compensation for board service. On 12/31/2025, the director was issued an option to purchase 81,389 shares of common stock at an exercise price of $0.1843 per share. This award was given in lieu of $15,000 in fees owed for the most recently completed quarterly period and was granted under the company’s 2024 Equity Incentive Plan. Following this grant, the director beneficially owned 2,359,510 derivative securities, all held directly.
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FAQ
What insider transaction did BioLargo (BLGO) disclose in this Form 4?
BioLargo disclosed that a director received an option to purchase 81,389 shares of common stock on 12/31/2025 as part of board compensation.
What is the exercise price of the new BioLargo (BLGO) stock option grant?
The option granted to the director has an exercise price of $0.1843 per share for 81,389 shares of BioLargo common stock.
Why did the BioLargo (BLGO) director receive this stock option?
The option was issued as payment for $15,000 in fees owed for the director’s services on the board for the most recently completed quarterly period, under the 2024 Equity Incentive Plan.
How many derivative securities does the BioLargo (BLGO) director own after this transaction?
After the reported transaction, the director beneficially owned 2,359,510 derivative securities related to BioLargo common stock, held directly.
What is the relationship of the reporting person to BioLargo (BLGO)?
The reporting person is a director of BioLargo, Inc., as indicated in the filing, and filed the Form 4 as an individual reporting person.
Under which plan was the BioLargo (BLGO) option grant made?
The stock option was granted pursuant to BioLargo’s 2024 Equity Incentive Plan as compensation for board service.