[Form 4] Co-Diagnostics, Inc. Insider Trading Activity
Co-Diagnostics insider Richard David Abbott received 220,000 restricted stock units (RSUs) on 08/13/2025 under the Issuer's 2015 Long Term Incentive Plan. Each RSU represents the contingent right to receive one share of common stock upon vesting. After the grant Abbott beneficially owns 350,438 shares of common stock, with the 220,000 RSUs vesting in six installments beginning 11/23/2025 and continuing every six months thereafter. The Form 4 was signed 08/15/2025 and lists Abbott as President and a director.
- 220,000 RSUs granted under the Issuer's 2015 Long Term Incentive Plan, explicitly stated in the filing
- Each RSU converts to one share upon vesting, as described in the document
- Post-grant beneficial ownership disclosed: 350,438 shares are reported following the transaction
- None.
Insights
TL;DR: A routine executive equity grant increases the reporting person’s potential stake by 220,000 RSUs, vesting over three years.
The filing documents a standard equity compensation grant to the company President under the 2015 Long Term Incentive Plan. The RSUs convert one-for-one into common shares upon vesting and raise reported beneficial ownership to 350,438 shares. The staggered vesting schedule beginning 11/23/2025 implies retention incentives tied to future service rather than immediate dilution. No cash exercise price is reported.
TL;DR: Disclosure shows a clear, plan-based RSU grant to a named officer with defined vesting dates; disclosure appears complete and routine.
This Form 4 specifies the grant source, unit-to-share conversion, and a six-installment vesting timetable, meeting typical Section 16 disclosure requirements. The report identifies Abbott s roles and provides the post-grant beneficial ownership total. There are no amendments, derivative transactions, or peculiar transfer arrangements disclosed.