Major Intellinetics Shareholder Adds to Holdings with Fresh Director Options Grant
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TAGLICH MICHAEL N
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option | 9,000 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Option — 87,124 shares (Direct)
Footnotes (1)
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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.