Intellinetics 13D/A: Taglich Beneficial Ownership at 857,506 Shares

Rhea-AI Filing Summary

Schedule 13D/A (Amendment No. 2) for Intellinetics, Inc. (INLX) discloses that long-time director Michael Taglich now beneficially owns 857,506 common shares, representing 18.8 % of the company’s outstanding stock. The filing reconfirms that all of these shares are subject to Mr. Taglich’s sole voting and dispositive power; no other persons share control.

The change triggering this amendment is the ordinary-course grant, on 21 June 2025, of 9,000 non-qualified stock options under the company’s Director Compensation Plan. No cash was paid for the options; they were received solely as director compensation, and therefore the source of funds is listed as “OO” (other). Aside from the incremental option award, the filing states no intent regarding strategic transactions, governance changes, or other actions. The certification is signed by Michael Taglich on 25 June 2025.

Positive

• High insider alignment: Michael Taglich maintains a significant 18.8 % ownership stake, aligning director incentives with common shareholders.

Negative

• Minor dilution: Grant of 9,000 stock options marginally increases potential share count, although effect is immaterial.

Insights

Financial Analyst

TL;DR: Filing confirms Taglich’s 18.8 % stake; only incremental 9k options—neutral signal with minimal dilution.

The amendment merely updates Mr. Taglich’s ownership to include 9,000 newly granted options, keeping his beneficial stake just under 19 %. Such a holding level already indicates meaningful insider alignment, but the additional options represent less than 0.2 % of outstanding shares and pose immaterial dilution. No new purchases, sales, or activist intentions are disclosed, and the purpose is explicitly stated as routine director compensation. Investors should read this as an administrative update rather than a catalyst. Overall, impact on valuation or governance risk is negligible.

Corporate Governance Expert

TL;DR: Routine director compensation update; ownership concentration remains significant but unchanged in control dynamics.

From a governance standpoint, Mr. Taglich’s near-19 % holding continues to give him strong influence over shareholder votes, yet no group activity is indicated

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 2)

INTELLINETICS, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

45825X204

(CUSIP Number)

Michael Taglich
37 Main Street,
Cold Spring Harbor, NY, 11724
631-757-1500

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

06/21/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 45825X204

1

Name of reporting person

Michael Taglich

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 857,506.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 857,506.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

857,506.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

18.8 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock
(b)	Name of Issuer: INTELLINETICS, INC.
(c)	Address of Issuer's Principal Executive Offices: 2190 DIVIDEND DRIVE, COLUMBUS, OHIO , 43228.
Item 2.	Identity and Background
(b)	37 Main Street, Cold Spring Harbor, NY 11724
Item 3.	Source and Amount of Funds or Other Consideration
	Mr. Taglich received this additional equity as compensation for his services as a director, and he did not invest any additional funds in exchange for the stock options.
Item 4.	Purpose of Transaction
	Mr. Taglich received this additional equity as ordinary course compensation for his services as a director.
Item 5.	Interest in Securities of the Issuer
(a)	Michael Taglich beneficially owns 857,506 shares of common stock of Intellinetics, Inc., representing 18.8% of the common stock of Intellinetics. Inc.
(b)	Michael Taglich has both voting power and dispositive power over such common stock.
(c)	On June 21, 2025, Mr. Taglich received nonqualified stock options to purchase 9,000 shares of common stock as director compensation pursuant to the Issuer's Director Compensation Plan.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Michael Taglich

Signature:	/s/ Michael Taglich
Name/Title:	Michael Taglich
Date:	06/25/2025

FAQ

How many Intellinetics (INLX) shares does Michael Taglich currently own?

857,506 common shares, representing 18.8 % of the outstanding stock.

What triggered the latest Schedule 13D/A amendment for INLX?

A 9,000-share non-qualified option grant awarded on 21 June 2025 as routine director compensation.

Did Michael Taglich purchase additional INLX shares with cash?

No. The additional equity was received as compensation; no cash investment was made.

Does the filing indicate any activist intentions or planned transactions?

No. Purpose is stated as ordinary-course director compensation; no strategic actions are outlined.

What percentage of INLX voting power does Michael Taglich control?

He holds sole voting and dispositive power over the full 18.8 % stake.