STOCK TITAN

Intellinetics (INLX) awards director 5,000 options at $6.11

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

INTELLINETICS, INC. director Russell Jean Bernier received a grant of non-qualified stock options covering 5,000 shares of common stock. The options have an exercise price of $6.11 per share, were granted as compensation for director services under the 2023 Non-Employee Director Compensation Plan, and expire on June 25, 2036. Following this award, Bernier holds a total of 13,100 options on the company’s common stock.

Positive

  • None.

Negative

  • None.
Insider Bernier Russell Jean
Role null
Type Security Shares Price Value
Grant/Award Non-Qualified Stock Option 5,000 $0.00 --
Holdings After Transaction: Non-Qualified Stock Option — 13,100 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Option grant size 5,000 options Non-qualified stock option grant to director on June 25, 2026
Exercise price $6.11 per share Exercise price of newly granted non-qualified stock options
Expiration date June 25, 2036 Expiration of non-qualified stock options granted to director
Underlying shares 5,000 shares Shares of common stock underlying new option grant
Total options after grant 13,100 options Director’s total reported option holdings following this transaction
Transaction price $0.00 Grant awarded at no cash cost to the director
Non-Qualified Stock Option financial
"security_title: "Non-Qualified Stock Option""
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
2023 Non-Employee Director Compensation Plan financial
"in accordance with the Company's 2023 Non-Employee Director Compensation Plan"
exercise price financial
"conversion_or_exercise_price": "6.1100""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Bernier Russell Jean

(Last)(First)(Middle)
2190 DIVIDEND DR

(Street)
COLUMBUS, OHIO 43228

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
INTELLINETICS, INC. [ INLX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-Qualified Stock Option$6.1106/25/2026A5,00006/26/202606/25/2036Common Stock5,000(1)13,100D
Explanation of Responses:
1. Granted in exchange for director services to the Company, in accordance with the Company's 2023 Non-Employee Director Compensation Plan.
/s/ Russell Jean Bernier06/30/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Intellinetics (INLX) disclose about director Russell Bernier in this Form 4?

Intellinetics reported that director Russell Jean Bernier received a grant of 5,000 non-qualified stock options. These options relate to the company’s common stock and were issued as compensation for his director services under the 2023 Non-Employee Director Compensation Plan.

What are the key terms of Russell Bernier’s new Intellinetics (INLX) stock options?

Bernier’s 5,000 non-qualified stock options carry a $6.11 exercise price per share and expire on June 25, 2036. Each option is exercisable into one share of Intellinetics common stock, providing potential future equity exposure if exercised.

How many Intellinetics (INLX) options does Russell Bernier hold after this grant?

After receiving the 5,000-option grant, Russell Bernier’s total reported holdings of Intellinetics stock options increased to 13,100. This figure reflects his direct derivative position in company equity as shown in this Form 4 filing.

Was the Intellinetics (INLX) option grant to Russell Bernier an open-market transaction?

No. The filing shows the transaction code “A,” indicating a grant or award, not an open-market purchase. The 5,000 non-qualified stock options were granted as compensation, with a transaction price of $0.00 and a $6.11 exercise price per share.

Why did Intellinetics (INLX) grant stock options to director Russell Bernier?

The Form 4 footnote states the options were granted in exchange for director services to Intellinetics. The grant was made in accordance with the company’s 2023 Non-Employee Director Compensation Plan, aligning director pay with potential future share performance.