MGRM Form 3: Richard Van Kirk Jr. Discloses 2,000-Share Option

Rhea-AI Filing Summary

Monogram Technologies (MGRM) Form 3 initial ownership filing: Director Richard Lee Van Kirk Jr. reported an option to acquire 2,000 shares of common stock. The option is exercisable beginning 07/31/2027 and expires 07/31/2030. The filing was made as an initial statement by one reporting person and identifies Van Kirk as a director. No other securities or transactions are disclosed in this Form 3.

Insights

Corporate Governance Expert

TL;DR: Initial Form 3 shows a director-held option for 2,000 shares; routine disclosure with limited immediate governance impact.

The filing documents an initial beneficial ownership disclosure by a director, reflecting standard Section 16 reporting. The disclosed derivative is a stock option for 2,000 shares exercisable 07/31/2027 and expiring 07/31/2030. As an initial statement, it establishes transparency about insider incentives but does not indicate immediate transfer of voting power or economic ownership in the common stock.

Securities Analyst

TL;DR: A routine Form 3 reports a small director option grant; not material to current cap table or near-term dilution.

The reported option amount (2,000 shares) is explicitly stated with exercise and expiration dates. There is no cash transaction, share sale, or additional equity disclosed. Given the modest size and future exercisability date, this disclosure is primarily administrative under Section 16 rather than a market-moving event.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Van Kirk Richard Lee Jr

(Last) (First) (Middle)

3913 TODD LANE

(Street)

AUSTIN TX 78744

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/30/2023

3. Issuer Name and Ticker or Trading Symbol
Monogram Technologies Inc. [ MGRM ]

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options to acquire Common Stock	07/31/2027	07/31/2030	Common Stock	2,000	$2	D

Explanation of Responses:

	/s/ Richard Van Kirk	09/30/2025
	** 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 5 (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.

FAQ

What did the Form 3 filed for MGRM disclose?

The Form 3 discloses that director Richard Lee Van Kirk Jr. beneficially owns an option to acquire 2,000 common shares exercisable 07/31/2027 and expiring 07/31/2030.

Who filed the Form 3 for Monogram Technologies (MGRM)?

The Form 3 was filed by one reporting person: Richard Lee Van Kirk Jr., who is identified as a director.

Does the Form 3 report current ownership of common stock for MGRM?

No. The filing reports a derivative security (option) to acquire 2,000 shares; it does not list direct ownership of common stock in this Form 3.

What are the exercisability and expiration dates of the option reported?

The option is exercisable beginning 07/31/2027 and expires 07/31/2030 as stated in the filing.

Is there any indication of other transactions or amendments in this Form 3?

No. The Form 3 only reports the initial statement of beneficial ownership for the option; there are no other transactions or amendments disclosed.