[Form 4] LogicMark, Inc. Insider Trading Activity
LogicMark (LGMK) disclosed that its Chief Financial Officer received a restricted stock award of 25,000 shares as officer compensation under the 2023 Stock Incentive Plan.
Sentiment and the balance of points
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Rhea-AI Filing Summary
LogicMark (LGMK) disclosed that its Chief Financial Officer received a restricted stock award of 25,000 shares as officer compensation under the 2023 Stock Incentive Plan. The award vests beginning November 3, 2025, with 1/4 vesting on November 3, 2026 and 1/16 vesting on the first day of each subsequent three‑month period thereafter.
Following the grant, the reporting person beneficially owned 23,806 shares directly and 1,255 shares indirectly via FLG Partners, LLC. The grant was recorded at $0 per share as equity compensation. All figures reflect the 1‑for‑750 reverse stock split effective October 24, 2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,750 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,250 | $0.00 | $0.00 |
Footnotes (4)
- F1. Issuable upon the vesting of a restricted stock award ("RSA"), each of which represents the right to receive one share of common stock, par value $0.0001 per share, of the issuer ("Common Stock"), subject to the vesting terms of such RSA.
- F2. The RSA of 25,000 shares of Common Stock was received as compensation for the reporting person's service as an officer pursuant to the issuer's 2023 Stock Incentive Plan. The RSA is subject to vesting commencing on November 3, 2025, with 1/4 of such shares to vest on November 3, 2026, and thereafter, 1/16 of such shares to vest on the first day of each subsequent three-month period until the entire award has vested, so long as the reporting person remains in the service of the issuer for each such quarter.
- F3. On October 24, 2025, the issuer effected a one-for-seven hundred fifty reverse stock split of the issuer's outstanding shares of Common Stock (the "Reverse Stock Split"). The number of shares of Common Stock reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
- F4. The reporting person is a partner at FLG Partners, LLC, but disclaims beneficial ownership of such shares of Common Stock except to the extent of his pecuniary interest therein, and the inclusion of such shares of Common Stock in this report shall not be deemed an admission of beneficial ownership of all such reported shares for purposes of Section 16 or for any other purpose.
FAQ
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What did LogicMark (LGMK) report on this Form 4?
What is the transaction date for the LGMK CFO equity grant?
Is there a purchase price for the restricted stock award at LGMK?
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