[Form 4] Sharps Technology Inc. Warrant Insider Trading Activity
Paul K. Danner, a director of Sharps Technology Inc. (STSS), was granted options to purchase 400,000 shares at an exercise price of $6.41 per share. The grant was reported with a transaction date of 08/22/2025 and the option is scheduled to become 100% vested and exercisable on May 22, 2026. Following the reported transaction, Mr. Danner beneficially owns 400,000 shares subject to the option on a direct basis. The grant was made pursuant to the company's 2025 Equity Incentive Plan.
- Equity alignment: Director received a sizeable option grant (400,000 shares) which aligns management interests with shareholders under the 2025 Equity Incentive Plan.
- Clear vesting schedule: The option becomes 100% vested and exercisable on May 22, 2026, providing transparent timing for potential future share acquisition.
- None.
Insights
TL;DR: Director received a 400,000-share option grant at $6.41, vesting in full on May 22, 2026.
The filing documents a standard equity incentive award to a director under the 2025 Equity Incentive Plan. The option terms disclosed are limited to the grant size, exercise price of $6.41, grant date of 08/22/2025, and full vesting on May 22, 2026. No additional cash consideration, accelerated vesting, exercises, or disposals are reported. For investors, this is a governance/compensation disclosure rather than an operational or financial performance disclosure.
TL;DR: This is a routine director equity grant recorded on Form 4 with standard future vesting.
The filing shows the director is a reporting person and the award is labeled as granted under the company's 2025 Equity Incentive Plan. The document does not disclose any special vesting acceleration, cash payments, or conditions beyond the stated full vesting date. The disclosure meets Section 16 reporting requirements by identifying the transaction and beneficial ownership after the grant.