Telomir director exchanges 25K stock options
Telomir Pharmaceuticals, Inc. director Matthew Paul Del Giudice reported a restructuring of his stock options with no net change in option count.
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Rhea-AI Filing Summary
Telomir Pharmaceuticals, Inc. director Matthew Paul Del Giudice reported a restructuring of his stock options with no net change in option count. He agreed to cancel 25,000 fully exercisable incentive stock options for common stock with a $5.02 exercise price and a August 27, 2034 expiration, as a disposition back to the issuer.
In exchange, he received a new grant of 25,000 incentive stock options for common stock with a lower exercise price of $1.30 per share and a May 21, 2036 expiration. Following these transactions, he holds 25,000 stock options directly, and no common shares were bought or sold in the market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Incentive Stock Options (right to buy) | 25,000 | $0.00 | $0.00 |
| Disposition | Incentive Stock Options (right to buy) | 25,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. The options are fully exercisable.
- F2. The reporting person agreed to cancellation of the option granted to him on 08/27/2024, in exchange for a new option having a lower exercise price.
Key Figures
Key Terms
Incentive Stock Options financial
Disposition to issuer financial
Grant, award, or other acquisition financial
exercise price financial
expiration date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Telomir Pharmaceuticals (TELO) director report in this Form 4?
How many Telomir (TELO) stock options were cancelled and re-granted?
What are the exercise prices of the Telomir (TELO) options in this Form 4?
What are the expiration dates of the Telomir (TELO) stock options mentioned?
How did this Telomir (TELO) Form 4 affect the director’s total option holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.