KTTA Form 4: 242,913-share option at $0.715 to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pasithea Therapeutics Corp. (KTTA) director Lawarence Steinman reported a stock option grant. The Form 4 shows a stock option for 242,913 shares of common stock at an exercise price of $0.715, granted on 10/24/2025 and expiring on 10/23/2035. The option was awarded under the company’s 2023 Stock Incentive Plan.
The shares underlying the option vest in full on the one-year anniversary of the grant date, provided he remains a director through that date, and will fully vest upon a Change in Control as defined in the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STEINMAN LAWRENCE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 242,913 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 242,913 shares (Direct)
Footnotes (1)
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FAQ
What did KTTA disclose on this Form 4?
A director reported receiving a stock option for 242,913 shares at an exercise price of $0.715.
When was the KTTA option granted and when does it expire?
The option was granted on 10/24/2025 and expires on 10/23/2035.
What are the vesting terms of the KTTA option?
The option vests in full on the one-year anniversary of the grant date if the director remains in service.
Does the KTTA option accelerate on a change in control?
Yes. The shares fully vest upon a Change in Control as defined in the plan.
Under which plan was the KTTA option granted?
It was granted under the 2023 Stock Incentive Plan, as amended.
Who is the reporting person on the KTTA Form 4?
Director Lawarence Steinman signed the filing.