Monogram (MGRM) Insider Filing: Unis Reports 1.475M Shares, 35k-Option Grant

Rhea-AI Filing Summary

Douglas Unis, a director of Monogram Technologies Inc. (MGRM), received a stock option award and reports his beneficial ownership. The Form 4 discloses a grant of a stock option on 01/08/2025 to purchase 35,000 shares of common stock with an exercise price of $2.50. The option becomes exercisable on 01/08/2032 and expires on 01/08/2035. After this transaction, the filing reports 1,475,000 shares beneficially owned by Mr. Unis held directly. The form includes a note that the company uses the Black-Scholes model to value stock awards.

Positive

• Grant of 35,000 stock options at a stated $2.50 exercise price, indicating equity-based alignment between the director and shareholders
• High reported direct beneficial ownership of 1,475,000 shares, showing substantial insider ownership by the reporting person

Negative

• None.

Insights

Corporate Governance Expert

TL;DR Routine director option grant; increases director alignment with shareholders but is not a market-moving disclosure by itself.

The Form 4 shows a non-derivative grant in the form of a stock option exercisable in 2032 and expiring in 2035 for 35,000 shares at $2.50. This is a standard equity-based compensation mechanism for directors to align incentives with long-term shareholder value. The significant reported direct beneficial ownership of 1,475,000 shares suggests material insider ownership by the reporting person, which can be governance-positive in terms of alignment. The disclosure is procedural and does not disclose any transfers, sales, or unusual terms beyond exercise date and expiration.

Securities/Compensation Analyst

TL;DR A typical option award disclosed under Section 16; details confirm exercise price and long vest/exercise timeline.

The document lists a stock option issued 01/08/2025 for 35,000 underlying shares at a $2.50 strike, exercisable beginning 01/08/2032 with a 01/08/2035 expiration. The filing includes the company note that Black-Scholes is used to value awards. No cash sales, dispositions, or derivative exercises are reported. From a compensation perspective, the long delay to exercisability indicates a multi-year retention/long-term alignment design. No other compensation metrics or grant-date fair value are provided in this Form 4.

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).

1. Name and Address of Reporting Person^*

Unis Douglas

(Last) (First) (Middle)

3913 TODD LANE

(Street)

AUSTIN TX 78744

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/08/2025

4. 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 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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$2.5	01/08/2025		A		35,000		01/08/2032	01/08/2035	Common Stock	35,000	(1)	1,475,000	D

Explanation of Responses:

1. The Company uses the Black-Scholes-Merton ("Black-Scholes") option-pricing model to determine the fair value of stock awards. The Black-Scholes option-pricing model requires the use of highly subjective and complex assumptions, including the estimated fair value and price volatility of the Company's common stock and the expected term of the option.

	/s/ Douglas Unis	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 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.

FAQ

What did Douglas Unis report on the Form 4 for MGRM?

He reported a grant of a stock option to purchase 35,000 shares with a $2.50 exercise price and exercisable 01/08/2032, expiring 01/08/2035.

How many shares does Douglas Unis beneficially own after the reported transaction?

1,475,000 shares are reported as beneficially owned directly following the transaction.

When was the transaction dated and when was the Form 4 signed?

Transaction date: 01/08/2025. Signature date on the Form 4: 09/30/2025.

What valuation method does the company use for stock awards?

The company uses the Black-Scholes-Merton option-pricing model to determine the fair value of stock awards, as disclosed in the form.

What are the exercise and expiration dates for the option awarded?

Exercisable date: 01/08/2032. Expiration date: 01/08/2035.