[Form 4] CITIUS ONCOLOGY, INC. Insider Trading Activity
Rhea-AI Filing Summary
Myron Z. Holubiak, a director and the company secretary of Citius Oncology, Inc. (CTOR), reported equity awards and option holdings. On 09/19/2025 he received 850,000 restricted shares that vest in three substantially equal installments on the first, second and third anniversaries of the grant, subject to continued service. The filing also reports 100,000 restricted shares granted the same day to his daughter, for which he disclaims beneficial ownership. Previously granted options include 300,000 options (exercise price $1.07) held directly and 50,000 options held indirectly by his daughter, both from a 12/12/2024 grant with 3-year vesting, plus 1,500,000 options (exercise price $2.15) from a 07/05/2023 grant that vest over three years.
Positive
- 850,000 restricted shares granted to the reporting person on 09/19/2025 as disclosed
- Vesting schedules require continued service and are structured as three substantially equal annual installments
- Previous option grants (1,500,000 at $2.15 and 300,000 at $1.07) are disclosed with clear vesting terms
Negative
- 100,000 restricted shares were granted to the reporting person’s daughter (disclaimer of beneficial ownership is noted)
- All awards are subject to multi‑year vesting, delaying full ownership and liquidity for the reporting person and related parties
Insights
TL;DR: Insider received large time‑vested equity grants, increasing direct holdings and aligning pay with multi‑year service.
The Form 4 documents material equity compensation for a director/secretary, including 850,000 restricted shares granted 09/19/2025 with three‑year vesting and stock options from 2023 and 2024 grants. These awards increase the reporting person’s direct long‑term exposure to CTOR equity and defer full ownership until vesting conditions are met, which is relevant for cap table and dilution analysis. The filing notes related‑party awards to the reporting person’s daughter where beneficial ownership is disclaimed, which is typical but should be tracked for potential indirect holdings.
TL;DR: Grants follow standard service‑based vesting; disclosure shows direct and disclaimed indirect holdings by a family member.
The reported awards use customary multi‑year vesting schedules tying retention to ongoing service, which is a conventional governance practice for executive/director compensation. The Form 4 properly discloses the indirect awards to the reporting person’s daughter and the disclaimer of beneficial ownership. For stakeholders, the key governance points are the sizes of the grants, the explicit vesting terms, and the presence of family‑held awards disclosed on the filing.