Inhibikase director forfeits 255,299 company shares
Inhibikase Therapeutics director Vincent Aurentz forfeited 255,299 shares of common stock back to the company.
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Rhea-AI Filing Summary
Inhibikase Therapeutics director Vincent Aurentz forfeited 255,299 shares of common stock back to the company. These shares had been received as part of the CorHepta Pharmaceuticals acquisition and were subject to forfeiture if a milestone was not met by the first anniversary of the February 21, 2025 closing date.
On February 21, 2026, the milestone was determined not to have been achieved, triggering the return of all 255,299 shares to the issuer at no cost. After this issuer disposition, Aurentz directly holds 510,596 shares of Inhibikase Therapeutics common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 255,299 | $0.00 | $0.00 |
Footnotes (1)
- F1. As previously reported on a Form 3/A filed on August 28, 2025, the Reporting Person received shares of Issuer common stock as merger consideration upon the completion of the acquisition of CorHepta Pharmaceuticals, Inc. on February 21, 2025 (the "Closing Date"), with 255,299 shares subject to forfeiture if a certain milestone is not achieved by the first anniversary of the Closing Date. On February 21, 2026, it was determined that such milestone was not achieved, resulting in the forfeiture of all 255,299 shares. The Reporting Person received no consideration from the Issuer in connection with such forfeiture.
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