LGMK Form 4: Director awarded 3.125M stock options at $0.0032
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LogicMark (LGMK) reported an insider equity award. A company director received options to purchase 3,125,000 shares of common stock on 10/09/2025 at an exercise price of $0.0032 per share (Transaction Code: A).
The options are exercisable from 10/09/2025 and expire on 10/08/2035. Following the grant, the reporting person beneficially owns 3,125,000 derivative securities, held directly. The filing notes the options were received as compensation for board service for the quarter ended September 30, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schneider Carine
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options to Purchase | 3,125,000 | $0.00 | -- |
Holdings After Transaction:
Options to Purchase — 3,125,000 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did LogicMark (LGMK) disclose in this Form 4?
A director received options to purchase 3,125,000 shares at an exercise price of $0.0032 per share on 10/09/2025.
What is the exercise price of the options reported by LGMK?
The options have an exercise price of $0.0032 per share.
When do the reported LogicMark options vest and expire?
They are exercisable from 10/09/2025 and expire on 10/08/2035.
How many derivative securities does the reporting person hold after the grant?
The reporting person beneficially owns 3,125,000 derivative securities following the transaction.
What was the purpose of the option grant at LogicMark?
The options were received as compensation for board service for the quarter ended September 30, 2025.
What is the transaction code shown in the LogicMark Form 4?
The transaction code is A, indicating an award/grant.