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[Form 4] Cognition Therapeutics, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Cognition Therapeutics director Jack A. Khattar received a grant of 34,000 restricted stock units (RSUs) on June 18, 2025. Following this transaction, Khattar's direct ownership increased to 48,500 shares.

Key details of the RSU grant:

  • The RSUs were granted at $0.00 cost basis
  • Vesting occurs at the earlier of June 18, 2026 or the next annual stockholder meeting
  • Vesting is contingent on continuous service as director
  • Each RSU converts to one share of common stock upon settlement

This Form 4 filing, signed by attorney-in-fact John Brendan Doyle, represents a standard equity compensation grant for non-employee directors, aligning the director's interests with shareholders through longer-term equity ownership.

Jack A. Khattar, direttore di Cognition Therapeutics, ha ricevuto il 18 giugno 2025 una concessione di 34.000 unità azionarie vincolate (RSU). Dopo questa operazione, la proprietà diretta di Khattar è aumentata a 48.500 azioni.

Dettagli principali della concessione di RSU:

  • Le RSU sono state concesse con un costo base di $0,00
  • Il vesting avviene alla prima tra il 18 giugno 2026 o la successiva assemblea annuale degli azionisti
  • Il vesting è subordinato alla continuità del servizio come direttore
  • Ogni RSU si converte in un'azione ordinaria al momento della liquidazione

Questo deposito del Modulo 4, firmato dall’avvocato-in-fatto John Brendan Doyle, rappresenta una tipica concessione di compensi azionari per direttori non dipendenti, allineando gli interessi del direttore con quelli degli azionisti tramite una partecipazione azionaria a lungo termine.

Jack A. Khattar, director de Cognition Therapeutics, recibió una concesión de 34,000 unidades restringidas de acciones (RSU) el 18 de junio de 2025. Tras esta transacción, la propiedad directa de Khattar aumentó a 48,500 acciones.

Detalles clave de la concesión de RSU:

  • Las RSU se otorgaron con un costo base de $0.00
  • La adquisición ocurre a la primera de las siguientes fechas: 18 de junio de 2026 o la próxima junta anual de accionistas
  • La adquisición está condicionada a la continuidad del servicio como director
  • Cada RSU se convierte en una acción común al momento del pago

Esta presentación del Formulario 4, firmada por el apoderado John Brendan Doyle, representa una concesión estándar de compensación en acciones para directores no empleados, alineando los intereses del director con los de los accionistas mediante la propiedad accionaria a largo plazo.

Cognition Therapeutics의 이사 Jack A. Khattar는 2025년 6월 18일에 34,000개의 제한 주식 단위(RSU)를 부여받았습니다. 이 거래 이후 Khattar의 직접 보유 주식 수는 48,500주로 증가했습니다.

RSU 부여의 주요 내용:

  • RSU는 $0.00의 취득 원가로 부여됨
  • 베스팅은 2026년 6월 18일 또는 다음 연례 주주총회 중 빠른 시점에 발생
  • 베스팅은 이사로서의 지속적인 근무가 조건임
  • 각 RSU는 정산 시 보통주 1주로 전환됨

이 Form 4 제출서는 법정대리인 John Brendan Doyle가 서명한 것으로, 비직원 이사에 대한 표준 주식 보상 부여를 나타내며, 장기 주식 보유를 통해 이사의 이해관계를 주주와 일치시키는 목적입니다.

Jack A. Khattar, administrateur de Cognition Therapeutics, a reçu une attribution de 34 000 unités d’actions restreintes (RSU) le 18 juin 2025. Suite à cette opération, la détention directe de Khattar a augmenté pour atteindre 48 500 actions.

Points clés de l’attribution des RSU :

  • Les RSU ont été attribuées à un coût de base de 0,00 $
  • L’acquisition intervient au plus tôt entre le 18 juin 2026 ou la prochaine assemblée générale annuelle des actionnaires
  • L’acquisition est conditionnée à la continuité du service en tant qu’administrateur
  • Chaque RSU se convertit en une action ordinaire lors du règlement

Ce dépôt du formulaire 4, signé par le mandataire John Brendan Doyle, représente une attribution standard de rémunération en actions pour les administrateurs non salariés, alignant les intérêts de l’administrateur sur ceux des actionnaires via une détention d’actions à long terme.

Jack A. Khattar, Direktor von Cognition Therapeutics, erhielt am 18. Juni 2025 einen Zuschuss von 34.000 Restricted Stock Units (RSUs). Nach dieser Transaktion erhöhte sich Khattars direkte Beteiligung auf 48.500 Aktien.

Wichtige Details zum RSU-Zuschuss:

  • Die RSUs wurden zu einem Kostenbasis von 0,00 $ gewährt
  • Die Vesting erfolgt zum früheren Zeitpunkt von 18. Juni 2026 oder der nächsten jährlichen Hauptversammlung
  • Die Vesting ist an die fortlaufende Tätigkeit als Direktor gebunden
  • Jede RSU wird bei Auszahlung in eine Stammaktie umgewandelt

Diese Form 4 Einreichung, unterzeichnet vom Bevollmächtigten John Brendan Doyle, stellt eine übliche Aktienvergütung für nicht angestellte Direktoren dar und sorgt dafür, dass die Interessen des Direktors durch langfristigen Aktienbesitz mit denen der Aktionäre in Einklang stehen.

Positive
  • None.
Negative
  • None.

Jack A. Khattar, direttore di Cognition Therapeutics, ha ricevuto il 18 giugno 2025 una concessione di 34.000 unità azionarie vincolate (RSU). Dopo questa operazione, la proprietà diretta di Khattar è aumentata a 48.500 azioni.

Dettagli principali della concessione di RSU:

  • Le RSU sono state concesse con un costo base di $0,00
  • Il vesting avviene alla prima tra il 18 giugno 2026 o la successiva assemblea annuale degli azionisti
  • Il vesting è subordinato alla continuità del servizio come direttore
  • Ogni RSU si converte in un'azione ordinaria al momento della liquidazione

Questo deposito del Modulo 4, firmato dall’avvocato-in-fatto John Brendan Doyle, rappresenta una tipica concessione di compensi azionari per direttori non dipendenti, allineando gli interessi del direttore con quelli degli azionisti tramite una partecipazione azionaria a lungo termine.

Jack A. Khattar, director de Cognition Therapeutics, recibió una concesión de 34,000 unidades restringidas de acciones (RSU) el 18 de junio de 2025. Tras esta transacción, la propiedad directa de Khattar aumentó a 48,500 acciones.

Detalles clave de la concesión de RSU:

  • Las RSU se otorgaron con un costo base de $0.00
  • La adquisición ocurre a la primera de las siguientes fechas: 18 de junio de 2026 o la próxima junta anual de accionistas
  • La adquisición está condicionada a la continuidad del servicio como director
  • Cada RSU se convierte en una acción común al momento del pago

Esta presentación del Formulario 4, firmada por el apoderado John Brendan Doyle, representa una concesión estándar de compensación en acciones para directores no empleados, alineando los intereses del director con los de los accionistas mediante la propiedad accionaria a largo plazo.

Cognition Therapeutics의 이사 Jack A. Khattar는 2025년 6월 18일에 34,000개의 제한 주식 단위(RSU)를 부여받았습니다. 이 거래 이후 Khattar의 직접 보유 주식 수는 48,500주로 증가했습니다.

RSU 부여의 주요 내용:

  • RSU는 $0.00의 취득 원가로 부여됨
  • 베스팅은 2026년 6월 18일 또는 다음 연례 주주총회 중 빠른 시점에 발생
  • 베스팅은 이사로서의 지속적인 근무가 조건임
  • 각 RSU는 정산 시 보통주 1주로 전환됨

이 Form 4 제출서는 법정대리인 John Brendan Doyle가 서명한 것으로, 비직원 이사에 대한 표준 주식 보상 부여를 나타내며, 장기 주식 보유를 통해 이사의 이해관계를 주주와 일치시키는 목적입니다.

Jack A. Khattar, administrateur de Cognition Therapeutics, a reçu une attribution de 34 000 unités d’actions restreintes (RSU) le 18 juin 2025. Suite à cette opération, la détention directe de Khattar a augmenté pour atteindre 48 500 actions.

Points clés de l’attribution des RSU :

  • Les RSU ont été attribuées à un coût de base de 0,00 $
  • L’acquisition intervient au plus tôt entre le 18 juin 2026 ou la prochaine assemblée générale annuelle des actionnaires
  • L’acquisition est conditionnée à la continuité du service en tant qu’administrateur
  • Chaque RSU se convertit en une action ordinaire lors du règlement

Ce dépôt du formulaire 4, signé par le mandataire John Brendan Doyle, représente une attribution standard de rémunération en actions pour les administrateurs non salariés, alignant les intérêts de l’administrateur sur ceux des actionnaires via une détention d’actions à long terme.

Jack A. Khattar, Direktor von Cognition Therapeutics, erhielt am 18. Juni 2025 einen Zuschuss von 34.000 Restricted Stock Units (RSUs). Nach dieser Transaktion erhöhte sich Khattars direkte Beteiligung auf 48.500 Aktien.

Wichtige Details zum RSU-Zuschuss:

  • Die RSUs wurden zu einem Kostenbasis von 0,00 $ gewährt
  • Die Vesting erfolgt zum früheren Zeitpunkt von 18. Juni 2026 oder der nächsten jährlichen Hauptversammlung
  • Die Vesting ist an die fortlaufende Tätigkeit als Direktor gebunden
  • Jede RSU wird bei Auszahlung in eine Stammaktie umgewandelt

Diese Form 4 Einreichung, unterzeichnet vom Bevollmächtigten John Brendan Doyle, stellt eine übliche Aktienvergütung für nicht angestellte Direktoren dar und sorgt dafür, dass die Interessen des Direktors durch langfristigen Aktienbesitz mit denen der Aktionäre in Einklang stehen.

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*
Khattar Jack A.

(Last) (First) (Middle)
C/O COGNITION THERAPEUTICS, INC.
2500 WESTCHESTER AVE

(Street)
PURCHASE NY 10577

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COGNITION THERAPEUTICS INC [ CGTX ]
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)
06/18/2025
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 06/18/2025 A 34,000(1) A $0.00 48,500 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
Explanation of Responses:
1. Each share is represented by a restricted stock unit ("RSU"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The RSUs vest in full on the earlier of (i) June 18, 2026 or (ii) on the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continuous service as a director as of the applicable vesting date.
/s/ John Brendan Doyle, Attorney-in-Fact 06/23/2025
** 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.

FAQ

How many CGTX shares did director Jack Khattar acquire on June 18, 2025?

Director Jack Khattar acquired 34,000 shares of CGTX in the form of Restricted Stock Units (RSUs) on June 18, 2025. These RSUs were granted at a price of $0.00 per share.

When do Jack Khattar's CGTX RSUs vest?

The RSUs vest in full on the earlier of two dates: (1) June 18, 2026, or (2) the date of Cognition Therapeutics' next annual meeting of stockholders. The vesting is subject to Khattar's continuous service as a director through the applicable vesting date.

What is Jack Khattar's total CGTX share ownership after the June 2025 RSU grant?

Following the RSU grant transaction, Jack Khattar beneficially owns 48,500 shares of Cognition Therapeutics (CGTX) stock directly. This includes both previously held shares and the new RSU grant.

What position does Jack Khattar hold at CGTX?

According to the Form 4 filing, Jack Khattar serves as a Director on the board of Cognition Therapeutics (CGTX). The filing indicates he is not an officer or 10% owner of the company.
COGNITION THERAPEUTICS INC

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Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States
PITTSBURGH