INBS (INBS) director receives 5,000 restricted shares in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boyages Steven Constantine reported acquisition or exercise transactions in this Form 4 filing.
INTELLIGENT BIO SOLUTIONS INC. director Steven Constantine Boyages received a grant of 5,000 restricted shares of Common Stock on March 18, 2026 under the company’s 2019 Long Term Incentive Plan. These shares vest after 12 months and may be forfeited if vesting conditions are not met. Following this equity award, Boyages holds 5,031 common shares directly. All amounts are presented on a post–1-for-10 reverse stock split basis after the company’s December 15, 2025 reverse split.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boyages Steven Constantine
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,031 shares (Direct)
Footnotes (1)
- On December 15, 2025, Intelligent Bio Solutions Inc. (the "Issuer") effected a 1-for-10 reverse stock split of the Issuer's common stock ("Common Stock"). The reverse stock split effected in December 2025, and prior reverse stock splits effected by the Issuer, resulted in a reduction in the number of shares held by the reporting person and proportional adjustments to the outstanding equity awards held by the reporting person. Accordingly, all amounts in this Form 4 are presented on a post-reverse split basis. On March 18, 2026, the Issuer granted the reporting person 5,000 restricted shares of Common Stock under the Intelligent Bio Solutions Inc. 2019 Long Term Incentive Plan. The awarded shares are subject to time-based vesting after 12 months and are subject to forfeiture until vested.
FAQ
What insider transaction did INBS director Steven Boyages report?
Director Steven Boyages reported receiving a grant of 5,000 restricted shares of INBS Common Stock. The award was made as equity compensation, not a market purchase, and increases his direct holdings to 5,031 shares after the transaction.
How did INBS’s December 2025 reverse stock split affect Steven Boyages’s reported holdings?
INBS completed a 1-for-10 reverse stock split on December 15, 2025, reducing the number of shares outstanding. The filing explains that all amounts, including Boyages’s holdings and awards, are reported on a post–reverse split basis for consistency.