[Form 4] Foot Locker, Inc. Insider Trading Activity

Rhea-AI Filing Summary

LogicMark, Inc. (LGMK) filed a Form 4 disclosing an insider equity award. On 07/01/2025, Director John P. Pettitt received 2,500,000 stock options with an exercise price of $0.004 per share. The options are immediately exercisable on the grant date and expire on 06/30/2035. According to the filing, the award was provided as compensation for Mr. Pettitt’s board service for the quarter ended 06/30/2025. Following the grant, the director beneficially owns 2,500,000 derivative securities, held directly. No non-derivative share transactions were reported.

Insights

Securities Analyst

TL;DR: Form 4 reports 2.5 M option grant to director; neutral disclosure.

The filing is a routine insider compensation disclosure. A single director, John P. Pettitt, was issued 2,500,000 options at a nominal $0.004 strike, exercisable immediately and expiring in 2035. The transaction is coded “A,” indicating an award rather than an open-market purchase or sale. No other share movements are reported, and ownership remains direct. Without additional share-count context or market pricing, the material impact on existing shareholders cannot be assessed from this document alone. Therefore, the disclosure is classified as neutral for investors—informative but not, by itself, value-changing.

SEC Form 4

FORM 4

UNITED 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
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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^*

Cipriano Giovanna

(Last) (First) (Middle)

C/O FOOT LOCKER, INC.,

330 WEST 34TH STREET

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FOOT LOCKER, INC. [ FL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2025		M		22,383	A	$21.6	116,278.411	D
Common Stock	07/01/2025		S		22,383	D	$24.9(1)	93,895.411	D
Common Stock								3,406.9475	I	401(K) Plan

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	$21.6	07/01/2025		M			22,383	03/25/2021(2)	03/25/2030	Common Stock	22,383	$0	0	D

Explanation of Responses:

1. The stock price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $24.901 to $24.921, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

2. Stock Option granted on March 25, 2020 and became exercisable in three equal annual installments beginning March 25, 2021.

	/s/ Erin Conway, Attorney-in-Fact for Giovanna Cipriano	07/02/2025
	** 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 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.
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FAQ

How many stock options did Director John P. Pettitt receive in LogicMark's (LGMK) Form 4?

He received 2,500,000 stock options.

What is the exercise price of the options granted to the LogicMark director?

The exercise price is $0.004 per share.

When do the newly granted LogicMark options expire?

The options expire on 06/30/2035.

Why were the 2.5 million options granted to John P. Pettitt?

They were compensation for his board service for the quarter ended 06/30/2025.

Does the Form 4 indicate direct or indirect ownership of the options?

The filing lists direct ownership (D) of the 2,500,000 derivative securities.