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Director Jeffrey Parry (ELAB) reports 3 shares and 2 option grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3/A

Rhea-AI Filing Summary

PMGC Holdings Inc. director Jeffrey Parry reports beneficial ownership of 3 shares of common stock of PMGC Holdings Inc. (ELAB) on a post-reverse-stock-split basis. He also holds options to purchase 1 share of common stock at an exercise price of $26,264 and options to purchase 4 shares at $98,000, both granted on September 30, 2022 under the company’s 2020 Equity Incentive Plan. The filing explains that all share and exercise price figures have been adjusted to reflect multiple reverse stock splits completed between 2024 and 2026.

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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Parry Jeffrey

(Last) (First) (Middle)
675 WEST HASTINGS STREET
SUITE 805

(Street)
VANCOUVER A1 V6B1N2

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
11/13/2023
3. Issuer Name and Ticker or Trading Symbol
PMGC Holdings Inc. [ ELAB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
01/17/2024
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 3(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Options to Purchase Common Stock(2) 09/30/2022(3) 09/30/2032(3) Common Stock 1(4) $26,264(5) D
Options to Purchase Common Stock 09/30/2022(6) 09/30/2032(6) Common Stock 4(7) $98,000(8) D
Explanation of Responses:
1. Reflects amount of shares of common stock of PMGC Holdings Inc. ("Company"), par value $0.0001 per share, on a post-reverse stock split basis (1-for-200 reverse stock split in November 2024, 1-for-7 reverse stock split in March 2025, 1-for-3.5 reverse stock split in September 2025, and 1-for-4 reverse stock split in January 2026; such reverse stock splits, collectively, "Splits"). The amount on a pre-Split basis (41,667) was reported in Jeffrey Parry's Form 3, filed with the U.S. Securities and Exchange Commission on January 17, 2024. The shares in this row represent shares outstanding following Mr. Parry's exercise of the options previously issued to him on August 16, 2021, under the Company's 2020 Equity Incentive Plan, in consideration for Mr. Parry's services to the Company. The 2020 Equity Incentive Plan was subsequently superseded by the Company's 2025 Equity Incentive Plan on September 15, 2025. Mr. Parry fully exercised such options on December 16, 2022.
2. These are options previously issued to Mr. Parry on September 30, 2022, in consideration for Mr. Parry's services to the Company, under the Company's 2020 Equity Incentive Plan. The 2020 Equity Incentive Plan was subsequently superseded by the Company's 2025 Equity Incentive Plan. Vesting schedule is as follows: 25% of the underlying shares initially after 1 year, and remainder monthly over 36 months.
3. Vesting schedule is as follows: 25% of the underlying shares initially after one (1) year, and the remainder over the course of 36 months.
4. Reflects amount of shares underlying the options issued to Mr. Parry on a post-reverse stock split basis, following the Splits. The options were issued to Mr. Parry on September 30, 2022 as consideration for Mr. Parry's services to the Company, under the Company's 2020 Equity Incentive Plan. The 2020 Equity Incentive Plan was subsequently superseded by the Company's 2025 Equity Incentive Plan. On a pre-Split basis, the amount underlying the options was 16,000.
5. Reflects exercise price of the underlying shares on a post-reverse stock split basis, following the Splits. The options were issued to Mr. Parry on September 30, 2022 under the Company's 2020 Equity Incentive Plan, as consideration for Mr. Parry's services to the Company. The 2020 Equity Incentive Plan was subsequently superseded by the Company's 2025 Equity Incentive Plan on September 15, 2025.
6. Vesting schedule is as follows: 25% of the underlying shares initially after one (1) year, and the remainder over the course of 36 months.
7. Reflects amount of shares underlying the options issued to Mr. Parry on a post-reverse stock split basis, following the Splits. The options were issued to Mr. Parry on September 30, 2022, as consideration for Mr. Parry's services to the Company, under the 2020 Equity Incentive Plan. On a pre-Split basis, the amount underlying the options was 80,000.
8. Reflects exercise price of the underlying shares on a post-reverse stock split basis, following the Splits. The options were issued to Mr. Parry as consideration for his services to the Company on September 30, 2022, under the 2020 Equity Incentive Plan. The 2020 Equity Incentive Plan was subsequently superseded by the Company's 2025 Equity Incentive Plan on September 15, 2025.
/s/ Jeffrey Parry 02/10/2026
** Signature of Reporting Person Date
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 5 (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.

FAQ

How many PMGC Holdings Inc. (ELAB) shares does Jeffrey Parry report owning?

Jeffrey Parry reports beneficial ownership of 3 shares of common stock of PMGC Holdings Inc. on a post-reverse-stock-split basis. These shares reflect prior option exercises adjusted for several reverse stock splits completed between 2024 and 2026.

What stock options related to ELAB does director Jeffrey Parry hold?

Jeffrey Parry holds options to purchase 1 share of PMGC Holdings Inc. common stock and a separate option for 4 shares. Both option grants were issued on September 30, 2022 under the company’s 2020 Equity Incentive Plan as consideration for his services.

What are the exercise prices of Jeffrey Parry’s ELAB stock options?

Parry’s options are reported with exercise prices of $26,264 for 1 underlying share and $98,000 for 4 underlying shares. These exercise prices are stated on a post-reverse-stock-split basis, reflecting multiple reverse stock splits the company completed between 2024 and 2026.

How have reverse stock splits affected Jeffrey Parry’s ELAB holdings?

The filing states that Parry’s reported 3 shares and related option terms are on a post-split basis. They reflect a 1-for-200 reverse split in November 2024, a 1-for-7 split in March 2025, a 1-for-3.5 split in September 2025, and a 1-for-4 split in January 2026.

Under which equity plan were Jeffrey Parry’s ELAB options granted?

Parry’s options were granted under PMGC Holdings Inc.’s 2020 Equity Incentive Plan. The filing notes that this 2020 plan was later superseded by the company’s 2025 Equity Incentive Plan on September 15, 2025, but the reported options were originally issued under the 2020 plan.

What is the vesting schedule for Jeffrey Parry’s ELAB stock options?

The options granted on September 30, 2022 vest with 25% after one year, with the remaining shares vesting monthly over the next 36 months. This vesting structure applies to the reported option awards issued to Parry under the 2020 Equity Incentive Plan.
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