Co-Diagnostics director granted 1,695 shares
Co-Diagnostics, Inc. director Edward L. Murphy reported equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
Co-Diagnostics, Inc. director Edward L. Murphy reported equity compensation activity. He received a grant of 1,695 shares of common stock at $0.00 per share, classified as a grant or award. On the same date, he exercised 1,695 restricted stock units into common stock. Following these transactions, he directly holds 11,084 shares of common stock and 4,000 restricted stock units, reflecting both current ownership and remaining stock-based incentives.
Insider Trade Summary
1,695 shares exercised/converted
Exercise
2 txns
Insider
Murphy Edward L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,695 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,695 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 4,000 contracts (Direct);
Common Stock — 11,084 shares (Direct)
Footnotes (1)
- F1. Included in 2,334 restricted stock units awarded to the Reporting Person on June 12, 2023, pursuant to the Co-Diagnostics, Inc. 2015 Long Term Incentive Plan, and vest in six equal installments every six months commencing on November 23, 2023. Included in 3,667 restricted stock units awarded to the Reporting Person on April 26, 2024, pursuant to the Co-Diagnostics, Inc. 2015 Long Term Incentive Plan, and vest in six equal installments every six months commencing on November 23, 2024. Included in 4,167 restricted stock units awarded to the Reporting Person on August 13, 2025, pursuant to the Co-Diagnostics, Inc. 2015 Long Term Incentive Plan, and vest in six equal installments every six months commencing on November 23, 2025.
Key Figures
Common shares granted: 1,695 shares
RSUs exercised: 1,695 units
Shares held after transactions: 11,084 shares
+3 more
6 metrics
Common shares granted
1,695 shares
Grant or award of common stock on May 23, 2026
RSUs exercised
1,695 units
Restricted stock units converted into common stock on May 23, 2026
Shares held after transactions
11,084 shares
Direct common stock ownership following Form 4 transactions
RSUs held after transactions
4,000 units
Direct restricted stock unit holdings following the exercise
Acquisition transactions count
2 transactions
Both reported transactions classified as acquisitions
Derivative exercises
1,695 shares
ExerciseShares in transactionSummary for RSU conversion
Key Terms
Restricted Stock Unit, derivative security, Grant, award, or other acquisition, Long Term Incentive Plan, +1 more
5 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit""
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Long Term Incentive Plan financial
"pursuant to the Co-Diagnostics, Inc. 2015 Long Term Incentive Plan"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
restricted stock units financial
"Included in 2,334 restricted stock units awarded to the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CODX director Edward L. Murphy report?
Edward L. Murphy reported receiving 1,695 shares of Co-Diagnostics common stock as a grant and exercising 1,695 restricted stock units into common shares. These are compensation-related acquisitions rather than open-market purchases or sales.
What happened to Edward L. Murphy’s restricted stock units in this CODX Form 4?
Murphy exercised 1,695 restricted stock units into common stock and now holds 4,000 restricted stock units directly. These RSUs are part of his stock-based compensation and may convert into common shares as they vest over time under plan terms.
Were Edward L. Murphy’s CODX transactions open-market buys or sells?
The reported transactions were not open-market trades. They were a grant or award of 1,695 common shares and an exercise of 1,695 restricted stock units, both classified as acquisitions related to compensation rather than discretionary market purchases or sales.
What incentive plan is mentioned in Edward L. Murphy’s CODX Form 4 footnote?
The footnote references the Co-Diagnostics, Inc. 2015 Long Term Incentive Plan. It explains that Murphy’s restricted stock units were awarded under this plan and vest in equal installments every six months starting on specified November 23 dates for different award years.
AI-generated analysis. How Rhea-AI works. Not financial advice.
