CDT Form 4: Director Granted 35,000 RSUs and 15,000 Options

Farley Chele Chiavacci, a director of CDT Equity Inc., received both restricted stock units and stock options as compensation tied to recent corporate actions.

Rhea-AI Filing Summary

Farley Chele Chiavacci, a director of CDT Equity Inc., received both restricted stock units and stock options as compensation tied to recent corporate actions. She was granted 35,000 restricted stock units on 08/12/2025 that vested immediately and were valued at approximately $60,900 based on the issuer's closing share price that day. Separately, she received options to buy 15,000 shares at an exercise price of $1.89, with the options exercisable immediately and expiring on 08/05/2035. Following these transactions, she directly beneficially owns 37,369 common shares and 15,000 options.

Positive

• 35,000 RSUs were granted and vested immediately, increasing the director's alignment with shareholders
• 15,000 stock options were granted with immediate exercisability, providing additional direct ownership potential

Negative

• None.

Insights

Corporate Governance Expert

TL;DR Immediate vesting of RSUs and options suggests retention-focused compensation; transactions appear routine and non-dilutive in scale.

The reporting shows a director-level compensation grant combining RSUs and stock options with immediate vesting. Immediate vesting aligns the director's interests with shareholders quickly but can reduce retention incentives. The disclosed value of the RSUs (~$60,900) and the option strike ($1.89) are modest relative to typical board compensation benchmarks for publicly traded companies, indicating these grants are likely routine director compensation rather than extraordinary awards.

Securities Analyst

TL;DR Issuance increases insider ownership modestly; no material financing, divestiture, or unusual transaction disclosed.

The report details a non-cash issuance of 35,000 RSUs and grant of 15,000 options to a director, both granted in August 2025 and vesting immediately. The RSUs had an indicated aggregate value of approximately $60,900 at grant. Post-transaction direct beneficial ownership totals 37,369 shares plus 15,000 options. There is no cash proceeds to the company from RSUs and options will only raise cash if exercised in the future at $1.89 per share, so immediate impact on the company’s capital structure is limited.

Insider Trade Summary

Grant/Award: 50,000 shares

Grant/Award 2 txns

Insider Farley Chele Chiavacci

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	35,000	$0.00	$0.00
Grant/Award	Stock Option (Right to Buy)	15,000	$0.00	$0.00

Holdings After Transaction: Stock Option (Right to Buy) — 15,000 contracts (Direct); Common Stock — 37,369 shares (Direct)

Footnotes (3)

1. F1. Represents restricted stock units ("RSUs") received on August 12, 2025, in exchange for past services, having a value equal to approximately $60,900 based on the closing price per share of the Issuer's common stock on August 12, 2025. The RSUs vest immediately upon grant.
2. F2. Represents options to purchase common stock, granted under the Issuer's 2023 Stock Incentive Plan, which were granted at the conclusion of the Issuer's 2025 annual meeting of stockholders.
3. F3. The options vest immediately upon grant.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transactions did the CDT insider file on Form 4?

Received 35,000 RSUs on 08/12/2025 (vested immediately) and was granted 15,000 options exercisable immediately at $1.89 per share.

How much were the RSUs granted to the CDT director worth?

Approximately $60,900 based on CDT's closing share price on 08/12/2025, as stated in the filing.

What is the expiration date and strike price of the options granted to the CDT director?

Strike price $1.89, exercisable immediately, with an expiration date of 08/05/2035.

How many shares does the reporting director own after these transactions?

Direct beneficial ownership of 37,369 common shares plus 15,000 options, as reported on the Form 4.

Did the director pay cash for the RSUs or options at grant?

No cash was reported for the RSUs; the options were granted with a strike price of $1.89 to be paid only if exercised.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 08/26/2025 - 04:30 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Farley Chele Chiavacci

(Last) (First) (Middle)

4581 TAMIAMI TRAIL NORTH,

SUITE 200

(Street)

NAPLES FL 34103

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CDT Equity Inc. [ CDT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/12/2025		A		35,000(1)	A	$0	37,369	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)(2)	$1.89	08/05/2025		A		15,000		(3)	08/05/2035	Common Stock	15,000	$0	15,000	D

Explanation of Responses:

1. Represents restricted stock units ("RSUs") received on August 12, 2025, in exchange for past services, having a value equal to approximately $60,900 based on the closing price per share of the Issuer's common stock on August 12, 2025. The RSUs vest immediately upon grant.

2. Represents options to purchase common stock, granted under the Issuer's 2023 Stock Incentive Plan, which were granted at the conclusion of the Issuer's 2025 annual meeting of stockholders.

3. The options vest immediately upon grant.

	/s/ Chele Chiavacci Farley	08/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.