Cardio Diagnostics (NASDAQ: CDIO) director awarded 2,854 options at $2.19
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cardio Diagnostics Holdings, Inc. director Wendy J. Betts received a grant of stock options covering 2,854 shares of common stock. The options have an exercise price of $2.19 per share and expire on June 30, 2036. This is a compensation-related award, not an open-market trade, and brings her directly held option awards to a total of 12,367 underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Betts Wendy J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 2,854 | $2.19 | $6K |
Holdings After Transaction:
Stock Options (Right to Buy) — 12,367 shares (Direct, null)
Footnotes (1)
Key Figures
Options granted: 2,854 options
Exercise price: $2.19 per share
Expiration date: June 30, 2036
+1 more
4 metrics
Options granted
2,854 options
Grant to director Wendy J. Betts on June 30, 2026
Exercise price
$2.19 per share
Exercise price of newly granted options
Expiration date
June 30, 2036
Expiry of granted stock options
Total options after grant
12,367 options
Total underlying shares following transaction
Key Terms
Stock Options (Right to Buy), grant/award acquisition, exercise price, expiration date
4 terms
Stock Options (Right to Buy) financial
"security_title: Stock Options (Right to Buy)"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
exercise price financial
"conversion_or_exercise_price: 2.1900"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: 2036-06-30T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider transaction did Cardio Diagnostics (CDIO) report for Wendy J. Betts?
Cardio Diagnostics reported that director Wendy J. Betts received a grant of 2,854 stock options. These derivative securities give her the right to buy an equal number of common shares under a compensation award, rather than through an open-market purchase or sale.
At what price were the new Cardio Diagnostics (CDIO) stock options granted to Wendy J. Betts?
The new stock options granted to Wendy J. Betts have an exercise price of $2.19 per share. This means she can purchase Cardio Diagnostics common stock at $2.19 for each option when exercising, subject to any applicable vesting and plan terms.
When do Wendy J. Betts’s newly granted Cardio Diagnostics (CDIO) stock options expire?
The newly granted stock options to Wendy J. Betts expire on June 30, 2036. She can choose to exercise them at the $2.19 per share exercise price any time allowed under the plan before that expiration date, subject to vesting conditions.
Was this Cardio Diagnostics (CDIO) Form 4 transaction an open-market buy or sell?
No, the Form 4 shows a grant or award acquisition of stock options, not an open-market trade. Wendy J. Betts received 2,854 options as compensation, so no common shares were bought or sold on the market in this transaction.