Klotho Neurosciences (KLTO) director granted 350,000-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McGarity Jon reported acquisition or exercise transactions in this Form 4 filing.
Klotho Neurosciences, Inc. director Jon McGarity reported receiving a grant of 350,000 shares of Common Stock on March 4, 2026. The shares were granted under the company’s Equity Incentive Plan and carried a reported price of $0.00 per share, indicating a non-cash equity award. Following this grant, McGarity’s directly held Common Stock increased to 411,277 shares, aligning his compensation more closely with shareholder interests through additional stock-based incentives.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McGarity Jon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 350,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 411,277 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Klotho Neurosciences (KLTO) report for Jon McGarity?
Klotho Neurosciences director Jon McGarity reported receiving a grant of 350,000 shares of Common Stock. The award was structured as an equity grant, not a cash purchase, and was made under the company’s Equity Incentive Plan on March 4, 2026.
Was Jon McGarity’s Klotho Neurosciences (KLTO) transaction a stock purchase or an equity grant?
The transaction was an equity grant, not an open-market stock purchase. Jon McGarity received 350,000 shares at a reported price of $0.00 per share as a grant under Klotho Neurosciences’ Equity Incentive Plan, classified as a grant, award, or other acquisition.
What type of security did Jon McGarity acquire from Klotho Neurosciences (KLTO)?
Jon McGarity acquired Common Stock of Klotho Neurosciences. The Form 4 reports a non-derivative transaction involving a grant of 350,000 shares of Common Stock issued under the company’s Equity Incentive Plan, increasing his directly held Common Stock position.