Intellinetics Director Receives 9,000 Stock Options at $12.88 Strike Price
Form 4 filing reveals that Michael N. Taglich, who serves as both a Director and 10% Owner of Intellinetics (INLX), received a significant stock option grant on June 21, 2025.
Rhea-AI Filing Summary
Form 4 filing reveals that Michael N. Taglich, who serves as both a Director and 10% Owner of Intellinetics (INLX), received a significant stock option grant on June 21, 2025. The insider was awarded 9,000 non-qualified stock options with the following terms:
- Exercise price set at $12.88 per share
- Options become exercisable on June 21, 2025
- Expiration date of June 20, 2035
- Total derivative securities beneficially owned after transaction: 87,124
The options were granted as compensation for director services under the company's 2023 Non-Employee Director Compensation Plan. This transaction demonstrates continued alignment between the director's interests and shareholder value through long-term equity incentives.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option | 9,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Granted in exchange for director services to the Company, in accordance with the Company's 2023 Non-Employee Director Compensation Plan.
FAQ
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What stock options did INLX director Michael Taglich receive on June 21, 2025?
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