LogicMark: Pettitt disposes of 20,833 shares in merger

Q: What happened to LGMK options priced at $1.31 or more?

Under the merger terms, options with exercise prices at or above $1.31 were canceled for no consideration. Options below that price were eligible for cash equal to the difference between $1.31 and the exercise price, multiplied by the shares subject to the option.

Under the merger settlement, options with exercise prices at or above $1.31 were canceled for no consideration.

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Rhea-AI Filing Summary

John P. Pettitt, a former LogicMark director, reported a merger-related exercise/conversion of 20,833 stock options with a $1.20 exercise price on October 13, 2026, along with a reported disposition of 20,833 common shares at $1.31 per share. His reported direct common-stock holdings afterward were zero.

The merger terms provided for cash equal to the excess of $1.31 over an option’s exercise price, multiplied by the shares subject to that option. Options with exercise prices at or above $1.31 were canceled for no consideration.

Insider Trade Summary

20,833 shares exercised/converted

Exercise 17 txns

Insider PETTITT JOHN P

Role Insider

Type	Security	Shares	Price	Value
Exercise	Stock Option ^F1	20,833	--	--
Disposition	Stock Option ^F1	1	--	--
Disposition	Stock Option ^F1	1	--	--
Disposition	Stock Option ^F1	1	--	--
Disposition	Stock Option ^F1	1	--	--
Disposition	Stock Option ^F1	1	--	--
Disposition	Stock Option ^F1	1	--	--
Disposition	Stock Option ^F1	1	--	--
Disposition	Stock Option ^F1	1	--	--
Disposition	Stock Option ^F1	1	--	--
Disposition	Stock Option ^F1	1	--	--
Disposition	Stock Option ^F1	4	--	--
Disposition	Stock Option ^F1	9	--	--
Disposition	Stock Option ^F1	667	--	--
Disposition	Stock Option ^F1	3,334	--	--
Disposition	Stock Option ^F1	4,167	--	--
Disposition	Common Stock ^F1	20,833	$1.31	$27K

Holdings After Transaction: Stock Option — 0 contracts (Direct); Common Stock — 0 shares (Direct)

Footnotes (1)

F1. In connection with the consummation of the transaction contemplated by the Agreement and Plan of Merger, dated as of July 31, 2026, by and among LogicMark, Inc., Langham Project, LLC, and Langham Merger Sub, Inc., which transaction closed on October 13, 2026, each outstanding stock option of the Company vested and the underlying common stock was canceled and converted into the right to receive an amount in cash paid from Company funds equal to the product of (i) the excess of (1) $1.31 over (2) the exercise price per share of option, and (ii) the total number of shares of Common Stock subject to such option, without interest and less any applicable withholding taxes. Each option with a per share exercise price greater than or equal to $1.31 was canceled for no consideration.

Key Figures

Options exercised or converted: 20,833 options Exercise price: $1.20 per share Merger value per share: $1.31 per share +2 more

5 metrics

Options exercised or converted 20,833 options Reported October 13, 2026; exercise price $1.20 per share

Exercise price $1.20 per share For the 20,833 options reported October 13, 2026

Merger value per share $1.31 per share Used in the merger cash-settlement formula and option cancellation threshold

Common shares disposed 20,833 shares Reported October 13, 2026; direct common-stock holdings afterward were zero

Direct common-stock holdings after disposition 0 shares Reported position after the October 13, 2026 disposition

Key Terms

exercise price, vested, withholding taxes

3 terms

exercise price financial

"excess of $1.31 over the exercise price per share of option"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vested financial

"each outstanding stock option of the Company vested"

withholding taxes financial

"less any applicable withholding taxes"

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did John P. Pettitt report for LGMK?

On October 13, 2026, former LogicMark director John P. Pettitt reported the exercise/conversion of 20,833 stock options with a $1.20 exercise price and a disposition of 20,833 common shares at $1.31 per share. His reported direct common-stock holdings afterward were zero.

What happened to LGMK options priced at $1.31 or more?

Under the merger terms, options with exercise prices at or above $1.31 were canceled for no consideration. Options below that price were eligible for cash equal to the difference between $1.31 and the exercise price, multiplied by the shares subject to the option.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/15/2026 - 04:06 PM EDT Accepted by SEC EDGAR 10/15/2026 - 04:06 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

PETTITT JOHN P

(Last)

(First)

(Middle)

2801 DIODE LANE

(Street)

LOUISVILLE

KENTUCKY

40299

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LogicMark, Inc. [ LGMK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Former Director

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/13/2026		D⁽¹⁾		20,833	D	$1.31⁽¹⁾	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option	$1.2	10/13/2026		M⁽¹⁾			20,833	⁽¹⁾	⁽¹⁾	Common Stock	20,833	⁽¹⁾	0	D
Stock Option	$825,000	10/13/2026		D⁽¹⁾			1	⁽¹⁾	⁽¹⁾	Common Stock	1	⁽¹⁾	0	D
Stock Option	$408,750	10/13/2026		D⁽¹⁾			1	⁽¹⁾	⁽¹⁾	Common Stock	1	⁽¹⁾	0	D
Stock Option	$283,875	10/13/2026		D⁽¹⁾			1	⁽¹⁾	⁽¹⁾	Common Stock	1	⁽¹⁾	0	D
Stock Option	$71,250	10/13/2026		D⁽¹⁾			1	⁽¹⁾	⁽¹⁾	Common Stock	1	⁽¹⁾	0	D
Stock Option	$56,812.5	10/13/2026		D⁽¹⁾			1	⁽¹⁾	⁽¹⁾	Common Stock	1	⁽¹⁾	0	D
Stock Option	$54,750	10/13/2026		D⁽¹⁾			1	⁽¹⁾	⁽¹⁾	Common Stock	1	⁽¹⁾	0	D
Stock Option	$19,875	10/13/2026		D⁽¹⁾			1	⁽¹⁾	⁽¹⁾	Common Stock	1	⁽¹⁾	0	D
Stock Option	$32,437.5	10/13/2026		D⁽¹⁾			1	⁽¹⁾	⁽¹⁾	Common Stock	1	⁽¹⁾	0	D
Stock Option	$18,750	10/13/2026		D⁽¹⁾			1	⁽¹⁾	⁽¹⁾	Common Stock	1	⁽¹⁾	0	D
Stock Option	$11,437.5	10/13/2026		D⁽¹⁾			1	⁽¹⁾	⁽¹⁾	Common Stock	1	⁽¹⁾	0	D
Stock Option	$2,986.88	10/13/2026		D⁽¹⁾			4	⁽¹⁾	⁽¹⁾	Common Stock	4	⁽¹⁾	0	D
Stock Option	$1,125	10/13/2026		D⁽¹⁾			9	⁽¹⁾	⁽¹⁾	Common Stock	9	⁽¹⁾	0	D
Stock Option	$15	10/13/2026		D⁽¹⁾			667	⁽¹⁾	⁽¹⁾	Common Stock	667	⁽¹⁾	0	D
Stock Option	$3	10/13/2026		D⁽¹⁾			3,334	⁽¹⁾	⁽¹⁾	Common Stock	3,334	⁽¹⁾	0	D
Stock Option	$2.4	10/13/2026		D⁽¹⁾			4,167	⁽¹⁾	⁽¹⁾	Common Stock	4,167	⁽¹⁾	0	D

Explanation of Responses:

1. In connection with the consummation of the transaction contemplated by the Agreement and Plan of Merger, dated as of July 31, 2026, by and among LogicMark, Inc., Langham Project, LLC, and Langham Merger Sub, Inc., which transaction closed on October 13, 2026, each outstanding stock option of the Company vested and the underlying common stock was canceled and converted into the right to receive an amount in cash paid from Company funds equal to the product of (i) the excess of (1) $1.31 over (2) the exercise price per share of option, and (ii) the total number of shares of Common Stock subject to such option, without interest and less any applicable withholding taxes. Each option with a per share exercise price greater than or equal to $1.31 was canceled for no consideration.

	/s/ John Pettitt	10/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR