STOCK TITAN

SenesTech (SNES) director receives grant of 100,000 stock options

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

Rhea-AI Filing Summary

SenesTech, Inc. director Phillip Nicholas Grandinetti III received a grant of stock options covering 100,000 shares of Common Stock. The options have an exercise price of $1.65 per share, become exercisable over one year in 12 equal monthly installments, and expire on June 15, 2036. Following this award, he holds stock options for 100,000 shares directly.

Positive

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Negative

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Insider Grandinetti Phillip Nicholas III
Role null
Type Security Shares Price Value
Grant/Award Stock Option (right to buy) 100,000 $0.00 --
Holdings After Transaction: Stock Option (right to buy) — 100,000 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Options granted 100,000 options Stock Option (right to buy) grant to director
Exercise price $1.65 per share Conversion or exercise price of granted options
Underlying shares 100,000 shares Common Stock underlying the option award
Expiration date June 15, 2036 Option term end date
Shares following transaction 100,000 options Derivative holdings after this grant
Vesting schedule 12 monthly installments over 1 year Footnote description of vesting
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 1.6500"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: 2036-06-15T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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SEC Form 4
FORM 4UNITED 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*
Grandinetti Phillip Nicholas III

(Last)(First)(Middle)
C/O SENESTECH, INC.
13430 N DYSART RD STE 105

(Street)
SURPRISE ARIZONA 85379

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SenesTech, Inc. [ SNES ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$1.6506/15/2026A100,00007/15/2026(1)06/15/2036Common Stock100,000$0100,000D
Explanation of Responses:
1. Monthly over 1 year (12 equal monthly installments)
Remarks:
/s/ Thomas C. Chesterman, Attorney-in-Fact06/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did SenesTech (SNES) disclose in this Form 4 for Phillip Nicholas Grandinetti III?

SenesTech reported a stock option grant to director Phillip Nicholas Grandinetti III for 100,000 shares. The options are compensation-related, giving him the right to buy common stock at a fixed exercise price if he chooses to exercise in the future.

How many SenesTech stock options were granted to the director in this filing?

The director received stock options for 100,000 underlying shares of SenesTech common stock. This award increases his derivative holdings, giving him potential future ownership if he exercises the options once they vest and while they remain within their stated term.

What is the exercise price and term of the SenesTech options granted in this Form 4?

The granted stock options have an exercise price of $1.65 per share and expire on June 15, 2036. This creates a long-dated right to purchase SenesTech common shares at that fixed price if the director chooses to exercise.

How do the SenesTech (SNES) director’s new options vest according to the Form 4?

The options vest monthly over one year in 12 equal installments, as noted in the footnote. This means the director’s right to exercise the full 100,000-share award becomes available gradually rather than all at once on the grant date.

Is this SenesTech Form 4 transaction an open-market buy or a compensation grant?

The transaction is a compensation-related grant coded as an acquisition (A), not an open-market purchase. The director pays no price at grant and may later choose to exercise at the fixed $1.65 per-share exercise price if conditions are met.