GeoVax (GOVX) director awarded 6,000 stock options at $1.18 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GeoVax Labs, Inc. director Robert T. McNally received a grant of stock options covering 6,000 shares of common stock. The options have a $1.18 per-share exercise price, become exercisable on June 17, 2027, and expire on June 17, 2036. Following this compensation-related award, his directly held derivative position from this grant totals 6,000 options, and the filing shows no open-market buying or selling activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCNALLY ROBERT T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 6,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 6,000 shares (Direct, null)
Footnotes (1)
Key Figures
Options granted: 6,000 options
Exercise price: $1.18 per share
Exercisable date: June 17, 2027
+2 more
5 metrics
Options granted
6,000 options
Stock option grant to director on June 17, 2026
Exercise price
$1.18 per share
Strike price of granted stock options
Exercisable date
June 17, 2027
Date options become exercisable
Expiration date
June 17, 2036
Option term end date
Derivative holdings after grant
6,000 options
Total derivative securities following transaction
Key Terms
Stock Option, Common Stock, Grant, award, or other acquisition
3 terms
Stock Option financial
"security_title: "Stock Option""
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did GeoVax (GOVX) disclose in this Form 4?
GeoVax disclosed that director Robert T. McNally received a grant of stock options for 6,000 shares of common stock. The options are a compensation award, not an open-market purchase or sale, and were issued with a fixed exercise price and long-term expiration date.
How many GeoVax (GOVX) stock options were granted to Robert T. McNally?
Robert T. McNally was granted stock options covering 6,000 shares of GeoVax common stock. These options give him the right to buy 6,000 shares at a preset exercise price, subject to the stated exercisability and expiration dates disclosed in the filing.
What is the exercise price and term of the new GeoVax (GOVX) options?
The granted GeoVax stock options have a $1.18 per-share exercise price and expire on June 17, 2036. They become exercisable on June 17, 2027, providing a long window during which the director can choose to convert the options into common shares.
Does this GeoVax (GOVX) Form 4 show any open-market buying or selling?
No, the Form 4 reports only a grant of stock options coded as a compensation-related acquisition. It does not show any open-market purchases or sales of GeoVax common stock by the director on the reported date, only this derivative award.
How did the GeoVax (GOVX) option grant change McNally’s reported holdings?
After the transaction, Robert T. McNally directly holds 6,000 stock options from this grant. The filing indicates total derivative securities following the transaction of 6,000 options, reflecting the newly awarded position associated with GeoVax common stock.