LIXTE (LIXT) director Felix Lourdes receives 30,000 RSU grant under 2020 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Felix Lourdes reported acquisition or exercise transactions in this Form 4 filing.
LIXTE Biotechnology Holdings director Felix Lourdes received a grant of 30,000 restricted share units (RSUs) under the company’s 2020 Stock Incentive Plan. The RSUs represent the right to receive an equal number of common shares upon vesting, and the performance conditions for these 30,000 RSUs have been satisfied.
After this award, Lourdes holds a total of 55,000 RSUs, including 25,000 RSUs that have already vested. The grant was a compensation award with no cash paid per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Felix Lourdes
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 55,000 shares (Direct, null)
Footnotes (1)
- The reported transaction involved the Reporting Person's receipt of 30,000 restricted share units ("RSUs"). The RSUs were granted pursuant to the applicable RSU agreement and the Lixte Biotechnology Holdings, Inc. 2020 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of common stock upon vesting, subject to continued service. The 30,000 RSUs vested upon the achievement of the performance conditions set forth in the Reporting Person's RSU agreement, which have been satisfied. The total reported in Column 5 includes (i) the 30,000 newly awarded RSUs, and (ii) 25,000 RSUs, all of which have vested.
Key Figures
RSUs granted: 30,000 RSUs
Total RSUs after grant: 55,000 RSUs
Previously vested RSUs: 25,000 RSUs
+1 more
4 metrics
RSUs granted
30,000 RSUs
Restricted share units awarded to Felix Lourdes as of 2026-07-01
Total RSUs after grant
55,000 RSUs
Aggregate RSUs held by Felix Lourdes following the transaction
Previously vested RSUs
25,000 RSUs
RSUs included in the total that had already vested
Grant price per RSU
$0.0000 per unit
Indicates equity compensation with no cash paid
Key Terms
restricted share units ("RSUs"), 2020 Stock Incentive Plan, performance conditions
3 terms
2020 Stock Incentive Plan financial
"The RSUs were granted pursuant to the applicable RSU agreement and the Lixte Biotechnology Holdings, Inc. 2020 Stock Incentive Plan."
performance conditions financial
"The 30,000 RSUs vested upon the achievement of the performance conditions set forth in the Reporting Person's RSU agreement, which have been satisfied."
FAQ
What insider transaction did LIXT director Felix Lourdes report on this Form 4?
Felix Lourdes reported receiving 30,000 restricted share units as a compensation award. These RSUs were granted under Lixte Biotechnology Holdings’ 2020 Stock Incentive Plan and convert into common shares upon vesting, reflecting an equity-based incentive rather than an open-market share purchase.
Were the 30,000 LIXT RSUs granted to Felix Lourdes subject to performance conditions?
Yes, the 30,000 RSUs were tied to performance conditions specified in Lourdes’ RSU agreement. The Form 4 states that these performance conditions have been satisfied, meaning the RSUs have vested and now represent a right to receive Lixte common stock, subject to continued service.
What plan governed the 30,000 LIXT RSU grant to Felix Lourdes?
The 30,000 restricted share units were granted under the Lixte Biotechnology Holdings, Inc. 2020 Stock Incentive Plan. The RSUs are also subject to the specific terms of Lourdes’ RSU agreement, which outlines performance conditions and the service requirements for vesting.