Monogram (MGRM) Form 4 — 250K Option Grant to CTO Disclosed

Rhea-AI Filing Summary

Monogram Technologies insider option grant to CTO reported. The filing shows Kamran Shamaei, identified as Chief Technology Officer and a director/officer, was granted a stock option on 01/08/2025 to acquire 250,000 shares of common stock at an exercise price of $2.50 per share. The option becomes exercisable on 01/08/2032 and expires on 01/08/2035. The reported transaction increases direct beneficial ownership by 250,000 shares. The explanation notes the company uses the Black-Scholes model to value stock awards.

Positive

• Clear disclosure of option grant amount (250,000 shares), strike price ($2.50), grant date (01/08/2025), exercisable date (01/08/2032) and expiration (01/08/2035).
• Reporting person identified with role (Chief Technology Officer and director), aiding transparency.

Negative

• Potential dilution from 250,000 underlying shares (explicit amount disclosed) may affect outstanding share count when exercised.
• Long deferral to exercisability (exercisable beginning 2032) delays realization and makes near-term incentive alignment less direct (terms explicitly stated).

Insights

Securities Analyst

TL;DR: A standard long-dated option grant to a senior officer; disclosure is routine and informational for investors.

The Form 4 discloses a single derivative transaction: a non-qualified stock option awarded to the Chief Technology Officer for 250,000 underlying shares at a $2.50 strike, granted 01/08/2025, exercisable beginning 01/08/2032 and expiring 01/08/2035. This increases direct beneficial ownership by 250,000 shares. The filing is clear on dates, amount, and strike and includes a note that Black-Scholes is used for valuation. From a securities-disclosure perspective, the report meets Section 16 requirements and provides necessary timing and economic terms for market participants.

Corporate Governance Expert

TL;DR: Insider compensation action disclosed; materiality is limited to compensation and dilution implications.

The report identifies the recipient as both an officer and director and documents a sizable option grant (250,000 shares). Terms are long-dated with a multi-year vest/exercise window (exercisable 2032, expiring 2035). The filing includes the company's valuation methodology for awards (Black-Scholes). This is a governance disclosure relevant to executive pay and potential future dilution but does not indicate any unusual related-party transaction or deviation from standard award practices based on the information provided.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Shamaei Kamran

Role Chief Technology Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Option	250,000	$0.00	--

Holdings After Transaction: Stock Option — 250,000 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Shamaei Kamran

(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)

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

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		250,000		01/08/2032	01/08/2035	Common Stock	250,000	(1)	250,000	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/ Kamran Shamaei	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 option grant was reported for Monogram Technologies (MGRM)?

The Form 4 reports a stock option granted on 01/08/2025 to acquire 250,000 shares at a strike price of $2.50 per share.

Who is the reporting person on this Form 4 for MGRM?

The reporting person is Kamran Shamaei, identified as the company's Chief Technology Officer and a director/officer.

When do the options become exercisable and when do they expire?

The options are exercisable on 01/08/2032 and expire on 01/08/2035, as stated in the filing.

How much did the reported transaction change beneficial ownership?

The filing shows an increase in direct beneficial ownership of 250,000 shares following the reported transaction.

What valuation method does the company use for stock awards?

The company states it uses the Black-Scholes-Merton option-pricing model to determine fair value of stock awards.