Director at Intelligent Bio Solutions (INBS) granted 5,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hurd Jonathan Scott reported acquisition or exercise transactions in this Form 4 filing.
INTELLIGENT BIO SOLUTIONS INC. director Jonathan Scott Hurd received a grant of 5,000 restricted shares of Common Stock on March 18, 2026 under the company’s 2019 Long Term Incentive Plan. The shares vest after 12 months and can be forfeited until vested. Following this award, he holds 5,006 shares directly, with all amounts presented after a 1-for-10 reverse stock split effected on December 15, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hurd Jonathan Scott
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,006 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 did INBS director Jonathan Scott Hurd report in this Form 4?
Director Jonathan Scott Hurd reported receiving 5,000 restricted shares of INTELLIGENT BIO SOLUTIONS INC. common stock. The grant was made on March 18, 2026 under the company’s 2019 Long Term Incentive Plan and increases his direct holdings to 5,006 shares after the transaction.
Was the INBS stock grant to Jonathan Scott Hurd a market purchase?
No, the transaction was a grant or award, not a market purchase. The Form 4 uses transaction code “A” for an acquisition by grant or award, and the per-share price is reported as 0.0000, indicating it was compensation-related rather than an open-market buy.
How did INTELLIGENT BIO SOLUTIONS INC.’s reverse stock split affect this Form 4?
INTELLIGENT BIO SOLUTIONS INC. completed a 1-for-10 reverse stock split of its common stock on December 15, 2025. The company states that all share amounts and equity awards reported in this Form 4, including Hurd’s 5,000-share grant and 5,006-share holdings, are presented on a post-split basis.