INBS (INBS) CEO receives time- and performance-based restricted stock grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Simeonidis Harry reported acquisition or exercise transactions in this Form 4 filing.
Intelligent Bio Solutions Inc. granted Chief Executive Officer Harry Simeonidis new equity awards in the form of restricted common stock. On March 18, 2026, he received 9,150 restricted shares that vest over 48 months, and 21,350 additional restricted shares subject to both performance-based and time-based vesting conditions. These awards were issued at no cash cost under the company’s 2019 Long Term Incentive Plan and are subject to forfeiture until the vesting requirements are met. All share amounts reflect prior reverse stock splits, including a 1-for-10 split effective December 15, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Simeonidis Harry
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,150 | $0.00 | -- |
| Grant/Award | Common Stock | 21,350 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,190 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 9,150 restricted shares of Common Stock under the Intelligent Bio Solutions Inc. 2019 Long Term Incentive Plan ("2019 Plan"). The awarded shares are subject to time-based vesting after 48 months and are subject to forfeiture until vested. On March 18, 2026, the Issuer granted the reporting person 21,350 restricted shares of Common Stock under the 2019 Plan. The awarded shares are subject to joint performance-based and time-based vesting requirements and are subject to forfeiture until vested.
FAQ
What did INBS CEO Harry Simeonidis report in this Form 4?
He reported receiving equity compensation in the form of restricted common stock. On March 18, 2026, he was granted 9,150 time-vested shares and 21,350 performance- and time-vested shares under Intelligent Bio Solutions’ 2019 Long Term Incentive Plan.
How did INBS’s reverse stock split affect the reported Form 4 amounts?
A 1-for-10 reverse stock split on December 15, 2025, reduced the number of shares held and adjusted outstanding equity awards. All share figures in this Form 4 are presented on a post-reverse-split basis, reflecting those adjustments.