Glucotrack CEO gets 42 shares; post-transaction holding 339
Glucotrack, Inc. (GCTK) reported an insider transaction on Form 4.
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Rhea-AI Filing Summary
Glucotrack, Inc. (GCTK) reported an insider transaction on Form 4. The company’s Chief Executive Officer and director received 42 shares of common stock on 03/25/2025, issued upon achievement of a milestone under an October 7, 2022 Intellectual Property Purchase Agreement. The transaction is coded J (other).
Following this issuance, the reporting person beneficially owns 339 shares, held directly. The company notes that all figures reflect reverse stock splits implemented on 05/17/2024, 02/25/2025, and 06/13/2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock, par value $0.001 per share | 42 | $0.00 | $0.00 |
Footnotes (1)
- F1. On October 7, 2022, the reporting person entered into an into Intellectual Property Purchase Agreement (the "IP Purchase Agreement") with Glucotrack, Inc. (the "Issuer"), pursuant to which the reporting person is entitled to certain specified milestone payments, payable in common stock, par value $0.001 per share, of the Issuer (the "Common Stock"), as set forth in the IP Purchase Agreement. Upon the achievement of the third milestone contemplated by the IP Purchase Agreement, the reporting person was issued 42 shares of Common Stock, pursuant to the terms of the IP Purchase Agreement.
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