Radnostix insider logs 581,536-share restructuring

RADNOSTIX INC director and 10% owner Christopher G. Grosso reported non-market restructuring transactions involving 581,536 shares of Common Stock.

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Form Type

Rhea-AI Filing Summary

RADNOSTIX INC director and 10% owner Christopher G. Grosso reported non-market restructuring transactions involving 581,536 shares of Common Stock. These entries reflect shares issued in lieu of cash dividends on the company’s Series C Redeemable Convertible Preferred Stock, at the holder’s option, rather than open-market buying or selling.

The shares were allocated across several indirect accounts, including a credit shelter trust and UTMA custodial accounts for his children, as well as his direct holdings. After these stock-dividend issuances, his reported direct Common Stock position was 38,477,083 shares, with additional indirect holdings in the related accounts.

Insider Trade Summary

Other: 581,536 shares

Other 4 txns

Insider GROSSO CHRISTOPHER G

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Other	Common Stock	269,999	$0.00	$0.00
Other	Common Stock	40,384	$0.00	$0.00
Other	Common Stock	40,384	$0.00	$0.00
Other	Common Stock	230,769	$0.00	$0.00

Holdings After Transaction: Common Stock — 38,477,083 shares (Direct); Common Stock — 365,550 shares (Indirect, As UTMA Custodian for daughter); Common Stock — 365,550 shares (Indirect, As UTMA Custodian for Son); Common Stock — 11,681,898 shares (Indirect, By Dianne Grosso Credit Shelter Trust)

Footnotes (1)

F1. Represents shares of common stock issued in lieu of cash, at the option of the holder, for dividends payable on the issuer's outstanding Series C Redeemable Convertible Preferred Stock.

Key Figures

Restructured shares: 581,536 shares Trust allocation: 230,769 shares UTMA son allocation: 40,384 shares +5 more

8 metrics

Restructured shares 581,536 shares Total Common Stock in J-code restructuring transactions

Trust allocation 230,769 shares Dianne Grosso Credit Shelter Trust Common Stock entry

UTMA son allocation 40,384 shares UTMA Custodian for son Common Stock entry

UTMA daughter allocation 40,384 shares UTMA Custodian for daughter Common Stock entry

Direct allocation 269,999 shares Direct Common Stock J-code restructuring entry

Direct holdings after 38,477,083 shares Total direct Common Stock following restructuring

Trust holdings after 11,681,898 shares Common Stock held by Dianne Grosso Credit Shelter Trust after entry

UTMA holdings after 365,550 shares Common Stock per UTMA custodial account after entries

Key Terms

Series C Redeemable Convertible Preferred Stock, UTMA Custodian, Credit Shelter Trust, Other acquisition or disposition, +1 more

5 terms

Series C Redeemable Convertible Preferred Stock financial

"dividends payable on the issuer's outstanding Series C Redeemable Convertible Preferred Stock"

UTMA Custodian financial

"nature_of_ownership: As UTMA Custodian for Son"

Credit Shelter Trust financial

"nature_of_ownership: By Dianne Grosso Credit Shelter Trust"

Other acquisition or disposition financial

"transaction_code_description: Other acquisition or disposition"

Form 4 regulatory

"INSIDER FILING DATA (Form 4): {"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

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What did Christopher G. Grosso report in this Form 4 for RADNOSTIX INC (INIS)?

Christopher G. Grosso reported four non-derivative transactions involving 581,536 Common Stock shares. They were classified as “Other acquisition or disposition” events, reflecting stock issued as dividends on Series C Redeemable Convertible Preferred Stock rather than open-market purchases or sales.

Were the RADNOSTIX INC (INIS) Form 4 transactions open-market buys or sells?

No, none of the reported transactions were open-market buys or sells. All four were coded “J” for other acquisition or disposition, representing shares issued in lieu of cash dividends on outstanding Series C Redeemable Convertible Preferred Stock held in related accounts.

How many RADNOSTIX INC (INIS) shares were involved in the restructuring?

A total of 581,536 Common Stock shares were involved, according to the transaction summary. These shares were issued at a stated price of $0.0000 per share, indicating stock dividends rather than cash-funded purchases on the open market.

How were the new RADNOSTIX INC (INIS) shares allocated across Grosso’s accounts?

Shares were allocated among a credit shelter trust, two UTMA custodial accounts for Grosso’s son and daughter, and his direct holdings. Individual lines show 230,769 shares to the trust, 40,384 shares to each UTMA account, and 269,999 shares to his direct Common Stock position.

What are Christopher G. Grosso’s direct RADNOSTIX INC (INIS) holdings after these transactions?

After the restructuring entry of 269,999 shares, his direct Common Stock holdings are reported at 38,477,083 shares. This figure reflects his position following the stock-dividend allocation tied to the Series C Redeemable Convertible Preferred Stock dividends.

Why did RADNOSTIX INC (INIS) issue shares instead of paying cash dividends here?

The filing states that these Common Stock shares were issued “in lieu of cash, at the option of the holder,” for dividends payable on outstanding Series C Redeemable Convertible Preferred Stock. This means preferred holders elected to receive share dividends rather than cash payments.

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Accepted by SEC EDGAR 04/30/2026 - 05:27 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GROSSO CHRISTOPHER G

(Last)

(First)

(Middle)

4137 COMMERCE CIRCLE

(Street)

IDAHO FALLS

IDAHO

83401

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
RADNOSTIX INC [ INIS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/17/2025		J		269,999⁽¹⁾	A	$0	38,477,083	D
Common Stock	02/17/2025		J		40,384⁽¹⁾	A	$0	365,550	I	As UTMA Custodian for daughter
Common Stock	02/17/2025		J		40,384⁽¹⁾	A	$0	365,550	I	As UTMA Custodian for Son
Common Stock	02/17/2025		J		230,769⁽¹⁾	A	$0	11,681,898	I	By Dianne Grosso Credit Shelter Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares of common stock issued in lieu of cash, at the option of the holder, for dividends payable on the issuer's outstanding Series C Redeemable Convertible Preferred Stock.

	/s/ Shahe Bagerdjian, Attorney-in-fact	04/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR