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Onconetix (ONCO) director restricted stock vesting moved to Aug 2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Andrew Oakley, a non-employee director of Onconetix, Inc. (ONCO), reported changes to his restricted stock awards. A restricted stock award originally granted March 23, 2025 was modified on August 15, 2025 to change the vesting date from August 31, 2025 to August 31, 2026, contingent on continued service as a non-employee director. The filing shows an additional restricted stock award of 618 shares granted that vests August 31, 2026 under the issuer's 2022 Equity Incentive Plan. The amounts are presented on a post 1-for-85 reverse split basis effected June 13, 2025, and total beneficial ownership following the transactions is 638 shares.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Director stock awards were adjusted to extend vesting by one year; total post-split beneficial ownership reported as 638 shares.

The filing documents a modification of an existing restricted stock award and the grant of a new restricted stock award to a director under the company's 2022 Equity Incentive Plan. The modification delays vesting from August 31, 2025 to August 31, 2026 and the new award vests on the same later date, both conditional on continued service as a non-employee director. The report also discloses that share amounts are presented after a 1-for-85 reverse split completed June 13, 2025. For investors, these are governance and compensation disclosures rather than operating results.

TL;DR: Compensation timing for a non-employee director was extended; this is a routine equity-based retention adjustment.

The amendment described is limited to vesting timing of restricted stock awards for a director and does not indicate a change in award quantum beyond the post-split share counts. The filing clarifies condition for vesting is continued service through August 31, 2026. The reverse split disclosure ensures share counts are comparable. This disclosure is procedural and governance-related; it does not report managerial departures, new authority changes, or material corporate actions.

Insider Oakley Andrew John
Role Director
Type Security Shares Price Value
Other Common Stock 20 $0.00 --
Grant/Award Common Stock 618 $0.00 --
Holdings After Transaction: Common Stock — 20 shares (Direct)
Footnotes (1)
  1. Represents a restricted stock award originally granted to the Reporting Person on March 23, 2025 pursuant to the Issuer's 2022 Equity Incentive Plan, as amended ("2022 Plan" and the grant on such date, the "Original Award"). On August 15, 2025, the Original Award was modified to change the vesting terms, such that the award, which was to vest in full on August 31, 2025, was changed to vest in full on August 31, 2026, so long as the Reporting Person continues to serve as a non-employee director of the Issuer until such date. Except as set forth herein, the Original Award remains unmodified. On June 13, 2025, the Issuer effected a 1-for-85 reverse split of its Common Stock. The amounts set forth herein are presented on a post-split basis. Represents a restricted stock award granted to the Reporting Person pursuant to the 2022 Plan. The award will vest in full on August 31, 2026 so long as the Reporting Person continues to serve as a non-employee director of the Issuer until such date.
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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Oakley Andrew John
(Last) (First) (Middle)
C/O ONCONETIX, INC.
201 E. FIFTH STREET, SUITE 1900
(Street)
CINCINNATI OH 45202
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Onconetix, Inc. [ ONCO ] 		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)
08/15/2025
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
Common Stock 08/15/2025 J 20(1)(2) A $0 20(2) D
Common Stock 08/15/2025 A 618(3) A $0 638 D
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
Explanation of Responses:
1. Represents a restricted stock award originally granted to the Reporting Person on March 23, 2025 pursuant to the Issuer's 2022 Equity Incentive Plan, as amended ("2022 Plan" and the grant on such date, the "Original Award"). On August 15, 2025, the Original Award was modified to change the vesting terms, such that the award, which was to vest in full on August 31, 2025, was changed to vest in full on August 31, 2026, so long as the Reporting Person continues to serve as a non-employee director of the Issuer until such date. Except as set forth herein, the Original Award remains unmodified.
2. On June 13, 2025, the Issuer effected a 1-for-85 reverse split of its Common Stock. The amounts set forth herein are presented on a post-split basis.
3. Represents a restricted stock award granted to the Reporting Person pursuant to the 2022 Plan. The award will vest in full on August 31, 2026 so long as the Reporting Person continues to serve as a non-employee director of the Issuer until such date.
/s/ Andrew Oakley 08/19/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What change did Andrew Oakley report on Onconetix (ONCO)?

The reporting person modified a restricted stock award to change the vesting date from August 31, 2025 to August 31, 2026, and reported an additional restricted stock award that vests on August 31, 2026.

How many Onconetix shares does the filing show after the transactions?

The filing shows total beneficial ownership of 638 shares following the reported transactions (amounts presented post-reverse split).

Were the share amounts adjusted for any corporate action?

Yes. The amounts are presented on a post-split basis following a 1-for-85 reverse split effected June 13, 2025.

What condition must be met for the modified awards to vest?

Both the modified award and the additional award vest in full on August 31, 2026 only if the reporting person continues to serve as a non-employee director through that date.

When was the Form 4 signed by the reporting person?

The Form 4 bears the reporting person's signature dated 08/19/2025.