LogicMark Form 4 shows board compensation via 20,833 stock options
Rhea-AI Filing Summary
LogicMark, Inc. (LGMK) reported a routine insider equity grant. A company director received stock options to purchase 20,833 shares of common stock at an exercise price of $0.96 per share on 11/18/2025. These options are exercisable immediately and expire on 11/17/2035. The grant was issued as compensation for serving on the board of directors for the quarter ending December 31, 2025.
Positive
- None.
Negative
- None.
FAQ
What insider transaction was reported for LogicMark (LGMK)?
A LogicMark director reported receiving stock options to purchase 20,833 shares of the company’s common stock at an exercise price of $0.96 per share.
What are the key terms of the LogicMark (LGMK) stock options granted?
The derivative security is an option to purchase LogicMark common stock, covering 20,833 shares, with an exercise price of $0.96 per share, granted on 11/18/2025 and expiring on 11/17/2035.
Why were these LogicMark (LGMK) stock options granted?
The filing states that the stock options were received as compensation for the reporting person’s services as a member of the board of directors for the quarter ending December 31, 2025.
Who filed this Form 4 for LogicMark (LGMK)?
The Form 4 was signed by John Pettitt, who is identified as the reporting person and is a director of LogicMark, Inc.
Is the LogicMark (LGMK) Form 4 filed by one or multiple reporting persons?
The document indicates that the Form 4 is filed by one reporting person, not by more than one reporting person.
What type of security underlies the LogicMark (LGMK) derivative options?
The options are derivative securities that give the right to acquire LogicMark common stock, with the underlying amount listed as 20,833 shares of common stock.