Dyadic International (DYAI) director granted equity awards in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dyadic International director Seth Herbst reported equity compensation changes. On January 2, 2026, 21,552 restricted stock units were converted into the same number of shares of Dyadic common stock at a price of $0 per share, increasing his directly held common stock to 202,311 shares.
On the same date, Herbst received an annual grant of 50,000 stock options with an exercise price of $0.94 per share, exercisable from January 2, 2027 until January 2, 2036. He was also granted 39,894 restricted stock units, which the disclosure explains will be settled 100% in Dyadic common stock when they vest on the first anniversary of the grant date, subject to his continued service on the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
21,552 shares exercised/converted
Mixed
4 txns
Insider
HERBST SETH
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 21,552 | $0.00 | -- |
| Grant/Award | Stock Option | 50,000 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 39,894 | $0.00 | -- |
| Exercise | Common Stock | 21,552 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Stock Option — 50,000 shares (Direct);
Common Stock — 202,311 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. Annual grant of stock options. Annual grant of restricted stock units. The restricted stock units will be settled 100% in Issuer's common stock when vested upon the first anniversary of the date of grant, subject to continued service as a member of the board of directors. The restricted stock units previously issued and vested upon the first anniversary of the date of grant, subject to continued service as a member of the board of directors, were settled 100% in Issuer's common stock.
