BioLargo (BLGO) director granted 101,736-share stock option for board fees
Rhea-AI Filing Summary
BioLargo, Inc. reported that one of its directors received a new stock option grant as part of board compensation. On 12/31/2025, the director was granted an option to purchase 101,736 shares of common stock at an exercise price of $0.1843 per share. The option becomes exercisable on 12/31/2025 and expires on 12/31/2035, giving the director a 10-year window to exercise once vested. After this grant, the director beneficially owned 1,265,761 derivative securities tied to the company’s stock. The filing explains that the option was issued in lieu of $18,750 in fees owed for serving on the board for the most recently completed quarter, under BioLargo’s 2024 Equity Incentive Plan, highlighting the company’s use of equity-based compensation for its directors.
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FAQ
What insider transaction did BioLargo (BLGO) disclose in this Form 4?
BioLargo disclosed that a director received a stock option on 12/31/2025, giving the right to purchase 101,736 shares of common stock at an exercise price of $0.1843 per share.
Why did the BioLargo (BLGO) director receive the option for 101,736 shares?
The option was issued as payment for $18,750 in fees owed to the director for services on the board of directors for the most recently completed quarterly period, under the company’s 2024 Equity Incentive Plan.
When can the BioLargo (BLGO) director exercise the new stock option and when does it expire?
The stock option becomes exercisable on 12/31/2025 and has an expiration date of 12/31/2035, providing a 10-year exercise period after it becomes exercisable.
What is the exercise price of the BioLargo (BLGO) director’s new option grant?
The director’s option has an exercise price of $0.1843 per share for 101,736 underlying shares of BioLargo common stock.
How many derivative securities does the BioLargo (BLGO) director hold after this transaction?
After this option grant, the director beneficially owned 1,265,761 derivative securities related to BioLargo common stock, held in direct ownership form.
Is the BioLargo (BLGO) reporting person a director, officer, or major shareholder?
The reporting person is identified as a Director of BioLargo. The Form 4 indicates the “Director” box is checked, and the filing is made by one reporting person.