OKYO Pharma (OKYO) director adds 300,000-share grant via Panetta Partners
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OKYO Pharma Ltd director and 10% owner Gabriele M. Cerrone reported an indirect acquisition of 300,000 shares of common stock. The shares were received as a grant or award at a reference price of $1.72 per share and are held through Panetta Partners Limited.
Following this transaction, indirect holdings associated with Cerrone total 10,826,416 shares of OKYO Pharma common stock, indicating this was a relatively small addition to an already large position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CERRONE GABRIELE M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 300,000 | $1.72 | $516K |
Holdings After Transaction:
COMMON STOCK — 10,826,416 shares (Indirect, Via Panetta Partners Limited)
Footnotes (1)
Key Figures
Shares granted: 300,000 shares
Grant reference price: $1.72 per share
Post-transaction holdings: 10,826,416 shares
3 metrics
Shares granted
300,000 shares
Grant, award, or other acquisition of common stock
Grant reference price
$1.72 per share
Price per share for the 300,000-share award
Post-transaction holdings
10,826,416 shares
Indirect common stock holdings following the transaction
Key Terms
Grant, award, or other acquisition, indirect ownership, Panetta Partners Limited
3 terms
Grant, award, or other acquisition financial
"The transaction is classified as a grant, award, or other acquisition"
indirect ownership financial
"The shares are held as indirect ownership via Panetta Partners Limited"
Panetta Partners Limited financial
"The shares were held indirectly through Panetta Partners Limited"
FAQ
What insider transaction did OKYO (OKYO) disclose in this Form 4?
OKYO Pharma disclosed that Gabriele M. Cerrone reported an indirect acquisition of 300,000 shares of common stock. The transaction is classified as a grant or award, rather than an open-market purchase, and was executed at a reference price of $1.72 per share.
Who is Gabriele M. Cerrone in relation to OKYO (OKYO)?
Gabriele M. Cerrone is identified as both a director and a ten percent owner of OKYO Pharma. His reported holdings, including this transaction, reflect a significant ownership stake, which can align his interests with other shareholders over the longer term.
Was the OKYO (OKYO) insider transaction a market purchase or a grant?
The filing classifies the 300,000-share transaction as a grant, award, or other acquisition, not an open-market purchase. That means the shares were received as part of a non-market arrangement, such as compensation or a similar award, at a reference price of $1.72.