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Decoy Therapeutics awards director 2,000 shares

Director Paul Lammers received 2,000 restricted shares of Decoy Therapeutics common stock vesting in full on August 30, 2027.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Decoy Therapeutics Inc. (symbol: DCOY) is the issuer of record for a Form 4 filing submitted to the SEC. Lammers Paul reported acquisition or exercise transactions in this Form 4 filing.

Decoy Therapeutics Inc. (DCOY) reported that director Paul Lammers received a grant of 2,000 shares of Common Stock as restricted stock under the Decoy Therapeutics Inc. 2026 Equity Incentive Plan on August 31, 2026. The grant carries a vesting schedule under which 100 percent will vest on August 30, 2027. Following this award, Lammers is reported to beneficially own 2,001 shares of Decoy Therapeutics common stock on a direct basis, with this post-transaction amount adjusted to reflect reverse stock splits that became effective on August 15, 2025 and March 6, 2026. No Rule 10b5-1 trading plan is reported for this transaction.

Positive

  • None.

Negative

  • None.
Insider Lammers Paul
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 2,000 $0.00 $0.00
Holdings After Transaction: Common Stock — 2,001 shares (Direct)
Footnotes (2)
  1. F1. Restricted stock granted under the Decoy Therapeutics Inc. 2026 Equity Incentive Plan, 100 percent will vest on August 30, 2027.
  2. F2. Shares beneficially owned following the transaction have been adjusted to reflect the reverse stock splits effective on August 15, 2025 and March 6, 2026.
Restricted stock grant 2,000 shares Common Stock awarded to director Paul Lammers on August 31, 2026
Price per share for award $0.00 per share Reported transaction price for the 2,000-share restricted stock grant
Shares beneficially owned after transaction 2,001 shares Direct holdings of Paul Lammers after the restricted stock grant
Vesting date of restricted stock August 30, 2027 Date when 100 percent of the 2,000 restricted shares will vest
Reverse stock split effective date August 15, 2025 One of two reverse stock splits reflected in the adjusted share count
Reverse stock split effective date March 6, 2026 Second reverse stock split reflected in the adjusted share count
Restricted stock financial
"Restricted stock granted under the Decoy Therapeutics Inc. 2026 Equity Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Equity Incentive Plan financial
"Restricted stock granted under the Decoy Therapeutics Inc. 2026 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
reverse stock splits financial
"adjusted to reflect the reverse stock splits effective on August 15, 2025 and March 6, 2026"
A reverse stock split is when a company combines multiple existing shares into fewer higher-priced shares—like trading four small slices of a pie for one larger slice. It doesn’t change the overall value of an investor’s holdings immediately, but it raises the per-share price and can matter to investors because it can affect market perception, stock exchange listing eligibility, and trading liquidity, and it changes share counts used in investor metrics.

FAQ

What transaction did Decoy Therapeutics (DCOY) disclose for director Paul Lammers?

Decoy Therapeutics disclosed that director Paul Lammers received a grant of 2,000 shares of restricted Common Stock on August 31, 2026 under the company’s 2026 Equity Incentive Plan, reported as a grant or award acquisition rather than an open-market purchase.

How many DCOY shares does Paul Lammers beneficially own after this Form 4 transaction?

After the reported restricted stock grant, Paul Lammers is shown as beneficially owning 2,001 shares of Decoy Therapeutics common stock directly, with this figure adjusted for reverse stock splits that were effective on August 15, 2025 and March 6, 2026.

What are the vesting terms of the 2,000 restricted DCOY shares granted to Paul Lammers?

The 2,000 restricted shares of Decoy Therapeutics common stock granted to Paul Lammers will vest 100 percent on August 30, 2027, meaning the entire award becomes fully vested on that date according to the Form 4 footnote.

Was the Decoy Therapeutics (DCOY) Form 4 transaction made under a Rule 10b5-1 trading plan?

The Form 4 indicates the document-level Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the grant was made under a Rule 10b5-1 trading plan, so no Rule 10b5-1 plan is reported for this transaction.

What role did the Decoy Therapeutics 2026 Equity Incentive Plan play in the DCOY Form 4 grant?

The reported grant of 2,000 shares to Paul Lammers is described as restricted stock granted under the Decoy Therapeutics Inc. 2026 Equity Incentive Plan, indicating the award is part of the company’s equity-based compensation program for eligible participants such as directors.

How were prior Decoy Therapeutics (DCOY) reverse stock splits reflected in Paul Lammers’ share count?

A footnote states that shares beneficially owned by Paul Lammers after the transaction were adjusted to reflect reverse stock splits effective on August 15, 2025 and March 6, 2026, so his post-transaction 2,001-share figure is split-adjusted.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Lammers Paul

(Last)(First)(Middle)
2450 HOLCOMBE BLVD STE X

(Street)
HOUSTON TEXAS 77021

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Decoy Therapeutics Inc. [ DCOY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/31/2026A(1)2,000A$02,001(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock granted under the Decoy Therapeutics Inc. 2026 Equity Incentive Plan, 100 percent will vest on August 30, 2027.
2. Shares beneficially owned following the transaction have been adjusted to reflect the reverse stock splits effective on August 15, 2025 and March 6, 2026.
/s/Mark Rosenblum, as Attorney -in-Fact09/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)