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Intellinetics (INLX) director awarded 5,000 options for board service

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

Rhea-AI Filing Summary

Intellinetics, Inc. director Paul Seid was granted stock options as part of his board compensation. He received a non-qualified stock option covering 5,000 shares of common stock at an exercise price of $6.11 per share, expiring June 25, 2036.

The grant was awarded for director services under the company’s 2023 Non-Employee Director Compensation Plan. Following this award, Seid holds options on a total of 15,500 shares of Intellinetics common stock.

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Insider SEID PAUL
Role null
Type Security Shares Price Value
Grant/Award Non-Qualified Stock Option 5,000 $0.00 --
Holdings After Transaction: Non-Qualified Stock Option — 15,500 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Option grant size 5,000 options Non-Qualified Stock Option grant to director
Exercise price $6.11 per share Strike price for newly granted options
Expiration date June 25, 2036 Option term for 5,000-share grant
Underlying shares 5,000 shares Common stock covered by new option
Total options after grant 15,500 options Director’s derivative holdings following transaction
Transaction code A (grant/award acquisition) Form 4 transaction classification
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"
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
derivative financial
"transaction_type: "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
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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*
SEID PAUL

(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)15,500D
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/ Paul Seid06/30/2026
** 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 insider transaction did Intellinetics (INLX) report for Paul Seid?

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

What is the exercise price of Paul Seid’s new Intellinetics (INLX) options?

The newly granted non-qualified stock options to director Paul Seid have an exercise price of $6.11 per share. This is the price he must pay to purchase each share of Intellinetics common stock upon exercising the options.

When do Paul Seid’s newly granted Intellinetics (INLX) options expire?

Paul Seid’s 5,000 non-qualified stock options in Intellinetics expire on June 25, 2036. After this expiration date, any unexercised portion of the option grant will no longer be available for him to exercise into common shares.

How many Intellinetics (INLX) options does Paul Seid hold after this grant?

After receiving the new 5,000 non-qualified stock options, director Paul Seid holds options on a total of 15,500 shares. This figure reflects his aggregate derivative holdings in Intellinetics common stock reported in this Form 4 filing.

Why did Intellinetics (INLX) grant stock options to director Paul Seid?

The stock options were granted to Paul Seid in exchange for his director services to Intellinetics. The footnote states the award was made under the company’s 2023 Non-Employee Director Compensation Plan, which governs compensation for non-employee directors.