STOCK TITAN

Intellinetics (INLX) director Taglich receives 10,000 stock options as pay

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

Rhea-AI Filing Summary

INTELLINETICS, INC. director and 10% owner Michael N. Taglich received a grant of non-qualified stock options covering 10,000 shares of common stock. The options have an exercise price of $6.11 per share and expire on June 25, 2036.

Following this award, Taglich holds 97,124 stock options directly. The grant was provided as compensation for director services under the company’s 2023 Non-Employee Director Compensation Plan, making it a routine, compensation-related equity award rather than an open-market stock purchase or sale.

Positive

  • None.

Negative

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Insider TAGLICH MICHAEL N
Role null
Type Security Shares Price Value
Grant/Award Non-Qualified Stock Option 10,000 $0.00 --
Holdings After Transaction: Non-Qualified Stock Option — 97,124 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Option grant size 10,000 options Non-qualified stock options granted for director services
Exercise price $6.11 per share Exercise price of granted non-qualified stock options
Option holdings after grant 97,124 options Total stock options held directly after the transaction
Option expiration date June 25, 2036 Expiration date of newly granted options
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.
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.
2023 Non-Employee Director Compensation Plan financial
"in accordance with the Company's 2023 Non-Employee Director Compensation Plan."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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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*
TAGLICH MICHAEL N

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

(Street)
COLD SPRING HARBOR NEW YORK 11724

(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)
XDirectorX10% 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$6.1106/25/2026A10,00006/26/202606/25/2036Common Stock10,000(1)97,124D
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. Taglich06/30/2026
** 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 Michael Taglich?

INTELLINETICS reported that director and 10% owner Michael N. Taglich received 10,000 non-qualified stock options. These options are a compensation grant for director services, not an open-market stock purchase or sale, and give him the right to buy common shares at a set price.

What are the key terms of Michael Taglich’s new INLX stock options?

Taglich was granted non-qualified stock options for 10,000 underlying common shares at a $6.11 exercise price. The options expire on June 25, 2036, providing a long-term incentive tied to INTELLINETICS’ future share performance rather than immediate cash compensation.

How many INTELLINETICS options does Michael Taglich hold after this grant?

After the grant, Taglich holds 97,124 stock options directly. This figure reflects his derivative holdings reported in this filing, showing a sizable option position linked to INTELLINETICS common stock as part of his overall director compensation structure.

Was the INLX option grant to Michael Taglich part of a compensation plan?

Yes. The filing states the 10,000 non-qualified stock options were granted in exchange for director services under INTELLINETICS’ 2023 Non-Employee Director Compensation Plan, indicating a standard, board-approved equity compensation award instead of a discretionary market trade.

Does Michael Taglich’s Form 4 show any INLX share purchases or sales?

No. The Form 4 reports only an acquisition of 10,000 non-qualified stock options, coded as a grant or award. There are no open-market purchases or sales of INTELLINETICS common stock disclosed in this specific filing, and buy and sell share counts remain zero.