Integrated BioPharma (INBP) director Damon DeSantis granted 50,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTEGRATED BIOPHARMA INC director and 10% owner Damon DeSantis received a stock option grant covering 50,000 shares of common stock. The options carry an exercise price of $0.2000 per share and expire on June 24, 2036. Following this grant, DeSantis holds options for 50,000 shares directly. The award vests in four equal installments of 12,500 options on each of September 30, 2026, December 31, 2026, March 31, 2027, and June 30, 2027, meaning he can exercise portions of the grant over time as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DeSantis Damon
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 50,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 50,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option shares granted: 50,000 shares
Exercise price: $0.2000 per share
Shares underlying options: 50,000 shares
+3 more
6 metrics
Option shares granted
50,000 shares
Stock Option (Right to Buy) grant on June 24, 2026
Exercise price
$0.2000 per share
Conversion or exercise price of granted options
Shares underlying options
50,000 shares
Underlying common stock tied to the option grant
Post-grant derivative holdings
50,000 derivative shares
Total shares following transaction reported as derivative
Option expiration date
June 24, 2036
Expiration date of the stock option award
Vesting installments
4 installments of 12,500 options
Vesting on Sept 30 2026, Dec 31 2026, Mar 31 2027, Jun 30 2027
Key Terms
Stock Option (Right to Buy), conversion or exercise price, expiration date, vest and become exercisable, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
conversion or exercise price financial
"conversion_or_exercise_price: 0.2000"
expiration date financial
"expiration_date: 2036-06-24T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vest and become exercisable financial
"The stock options vest and become exercisable in four equal installments"
derivative securities financial
"derivativeTransactionCount: 1, derivative transaction type"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What insider transaction did INBP director Damon DeSantis report on this Form 4?
Damon DeSantis reported receiving a stock option grant for 50,000 shares of Integrated BioPharma common stock. The options are a compensation-related award, not an open-market stock purchase or sale, and give him the right to buy shares at a fixed exercise price in the future.
What is the exercise price of Damon DeSantis’s new INBP stock options?
The granted stock options have an exercise price of $0.2000 per share. This means DeSantis can buy Integrated BioPharma common stock at $0.2000 per share once the options vest and before they expire, regardless of the market price at that time.
When do Damon DeSantis’s INBP stock options vest according to the Form 4?
The options vest in four equal tranches of 12,500 each. Vesting dates are September 30, 2026, December 31, 2026, March 31, 2027, and June 30, 2027, allowing DeSantis to exercise portions of the grant progressively over this period.
When do Damon DeSantis’s INBP stock options expire?
The stock options reported in the Form 4 expire on June 24, 2036. DeSantis must wait for each portion to vest but also exercise any vested options before this expiration date, or they will lapse and no longer be exercisable.