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[Form 4] Intellinetics, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
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.
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*
TAGLICH MICHAEL N

(Last) (First) (Middle)
37 MAIN STREET

(Street)
COLD SPRING HARBOR, NY 11724

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTELLINETICS, INC. [ INLX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/21/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option $12.88 06/21/2025 A 9,000 06/21/2025 06/20/2035 Common Stock 9,000 (1) 87,124 D
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/ Michael N. Taglich 06/25/2025
** 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.

FAQ

What stock options did INLX director Michael Taglich receive on June 21, 2025?

Michael Taglich received 9,000 non-qualified stock options with an exercise price of $12.88 per share. The options were granted on June 21, 2025, are exercisable immediately, and expire on June 20, 2035.

What positions does Michael Taglich hold at INLX?

According to the Form 4 filing, Michael Taglich serves as both a Director and a 10% Owner of Intellinetics, Inc. (INLX).

How many derivative securities does Michael Taglich own in INLX after the June 2025 grant?

Following the reported transaction, Michael Taglich beneficially owns 87,124 derivative securities of INLX in the form of stock options, held directly (D).

Why were the stock options granted to Michael Taglich at INLX?

The stock options were granted to Michael Taglich in exchange for director services to the Company, in accordance with INLX's 2023 Non-Employee Director Compensation Plan.
Intellinetics

NYSE:INLX

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40.48M
2.75M
38.68%
7.51%
0.02%
Software - Application
Services-prepackaged Software
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United States
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