Klotho (KLTO) Form 4: 10,000 vested options, $0.41 strike
Rhea-AI Filing Summary
Klotho Neurosciences director Riad El-Dada reported the acquisition of 10,000 non-qualified stock options on 08/07/2025 with an exercise price of $0.41. The options are stated to be fully vested and exercisable immediately and carry an expiration date of 01/16/2035. After this transaction, the reporting person beneficially owns 40,000 derivative securities related to common stock, held directly.
The Form 4 discloses only this option acquisition and the immediate exercisability; no cash exercises, sales, or other transactions are reported in the filing.
Positive
- 10,000 non-qualified stock options acquired (reported)
- Options carry a $0.41 exercise price and expire on 01/16/2035
- Options are fully vested and exercisable immediately
- Direct beneficial ownership after the transaction is reported as 40,000
Negative
- None.
Insights
TL;DR: Director received 10,000 fully vested options at $0.41, raising direct derivative holdings to 40,000 — routine insider award.
The reported grant of 10,000 non-qualified stock options at a $0.41 strike price, exercisable immediately, increases the reporting person’s direct beneficial position to 40,000 underlying shares. This filing documents an insider compensation event rather than a resale or exercise; it does not show cash proceeds or disposition activity. For valuation impact, the filing provides the strike and expiration (01/16/2035) but not the company’s outstanding share count, so potential dilution cannot be quantified from this form alone.
TL;DR: Fully vested, immediately exercisable options granted to a director; routine governance disclosure with limited additional detail.
The Form 4 confirms the director status of Riad El-Dada and records a grant of 10,000 options that are fully vested and held directly. Immediate vesting reduces timing-based alignment concerns but also means no future service-based vesting conditions are disclosed. The filing is narrowly focused on the option award and does not indicate any related-party arrangements beyond the standard disclosure fields.