DAXOR (DXR) director awarded 2,500 stock options at $10.14 strike price
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DAXOR CORP reported that director-level insider Caleb DesRosiers received a grant of stock options for 2,500 shares of common stock at an exercise price of $10.14 per share. These options are contingent on SEC approval of an amendment to the Daxor Corporation 2020 Incentive Compensation Plan and will vest in three annual installments through June 23, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DesRosiers Caleb
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock options (right to buy) | 2,500 | $0.00 | -- |
Holdings After Transaction:
Stock options (right to buy) — 2,500 shares (Direct, null)
Footnotes (1)
- Stock options granted on June 23, 2026 are contingent on the approval of the Securities & Exchange Commission ("SEC") to amend the Daxor Corporation 2020 Incentive Compensation Plan (the "Plan") The stock options will vest in three (3) installments - June 23, 2026 (833); June 23, 2027 (833); June 23, 2028 (834)
Key Figures
Stock options granted: 2,500 options
Exercise price: $10.14 per share
Expiration date: June 23, 2031
+4 more
7 metrics
Stock options granted
2,500 options
Grant to Caleb DesRosiers on June 23, 2026
Exercise price
$10.14 per share
Conversion or exercise price for the options
Expiration date
June 23, 2031
Option term end date
Post-transaction derivative holdings
2,500 options
Total stock options held after the grant
First vesting tranche
833 options
Vesting on June 23, 2026
Second vesting tranche
833 options
Vesting on June 23, 2027
Third vesting tranche
834 options
Vesting on June 23, 2028
Key Terms
Stock options, Incentive Compensation Plan, vest
3 terms
Stock options financial
"Stock options granted on June 23, 2026 are contingent on the approval"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Incentive Compensation Plan financial
"to amend the Daxor Corporation 2020 Incentive Compensation Plan (the "Plan")"
An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.
vest financial
"The stock options will vest in three (3) installments - June 23, 2026 (833)"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did DAXOR CORP (DXR) report for Caleb DesRosiers?
DAXOR CORP reported that Caleb DesRosiers received a grant of stock options covering 2,500 shares of common stock. The options are a compensation-related award rather than an open-market purchase or sale, reflecting equity-based incentives tied to the company’s stock price.
What are the key terms of Caleb DesRosiers’ DAXOR (DXR) stock option grant?
The grant covers 2,500 stock options with an exercise price of $10.14 per share and an expiration date of June 23, 2031. These options entitle the holder to buy DAXOR common shares at that fixed price if vesting and other conditions are satisfied.
How and when do the DAXOR (DXR) options granted to Caleb DesRosiers vest?
The stock options vest in three installments: 833 options on June 23, 2026, 833 on June 23, 2027, and 834 on June 23, 2028. This schedule spreads vesting across three years, encouraging longer-term alignment with company performance.
Are the new DAXOR (DXR) stock options to Caleb DesRosiers immediately effective?
No. The stock options granted on June 23, 2026 are contingent on SEC approval to amend the Daxor Corporation 2020 Incentive Compensation Plan. The award’s effectiveness depends on that regulatory approval, as stated in the accompanying footnote.
How many DAXOR (DXR) derivative securities does Caleb DesRosiers hold after this grant?
After the transaction, Caleb DesRosiers holds 2,500 stock options according to the reported data. These options represent rights to acquire DAXOR common shares in the future, subject to vesting, plan terms, and the stated exercise price and expiration date.