[Form 4] ANEW MEDICAL, INC. Common Stock Insider Trading Activity
Shalom Hirschman, identified as a director of Klotho Neurosciences, Inc. (KLTO), reported receiving 70,149 shares of common stock on 08/05/2025 as contingent merger consideration. The Form 4 shows the acquisition was recorded as an acquisition (code A) and the filing was signed on 08/07/2025.
Following the reported transaction, Mr. Hirschman's reported beneficial ownership increased to 558,873 shares, held directly. The filing lists his Charlotte, NC address and identifies his relationship to the issuer as a director.
- Director received 70,149 common shares as contingent merger consideration, increasing direct beneficial ownership to 558,873 shares.
- Clear disclosure of transaction date (08/05/2025) and signature date (08/07/2025) provides transparency on timing of the award.
- None.
Insights
TL;DR: Director received contingent merger consideration of 70,149 KLTO shares, raising direct beneficial ownership to 558,873.
The Form 4 is a standard insider disclosure showing equity received as contingent merger consideration rather than a market purchase or sale. It documents the transaction date of 08/05/2025 and the signature date 08/07/2025, and confirms the reporting person is a director. For governance review, the filing provides clarity on post-transaction ownership and the nature of the award; it does not provide valuation, vesting details, or cash consideration information, so assessment of dilution or compensation impact is limited by the document's scope.
TL;DR: Routine Form 4 disclosure of merger-related equity grant; increases insider holdings to 558,873 shares.
The submission records 70,149 shares acquired under transaction code A and lists the total beneficial ownership as 558,873 shares held directly. Because this is contingent merger consideration, it reflects deal-related compensation rather than an open-market signal. The filing contains no price information or derivative activity. Investors seeking valuation impact or dilution effects will need additional documents that quantify the merger terms.