GAXOS.AI (NASDAQ: GXAI) director receives grant of 25,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GAXOS.AI Inc. director Grayson Scott received an option grant for 25,000 shares of Common Stock at an exercise price of $1.32 per share. The options were granted at no cost, vesting 100% on the one-year anniversary of the March 20, 2026 grant date and expiring on March 20, 2031. Following this grant, Scott holds options covering 53,750 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Grayson Scott
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 25,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 53,750 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did GAXOS.AI (GXAI) report for Grayson Scott?
GAXOS.AI reported that director Grayson Scott received an employee stock option grant for 25,000 shares of Common Stock. The grant is a compensation-related award with no purchase price, giving him the right to buy shares at a fixed exercise price.
What are the terms of Grayson Scott’s new stock options at GAXOS.AI (GXAI)?
The options cover 25,000 shares with an exercise price of $1.32 per share. They were granted on March 20, 2026, vest fully after one year, and expire on March 20, 2031, if not exercised by then.
When do Grayson Scott’s GAXOS.AI (GXAI) options vest and expire?
All 25,000 option shares vest on the one-year anniversary of the March 20, 2026 grant date. The options then remain exercisable until their expiration on March 20, 2031, provided vesting conditions are satisfied and Scott retains the award.
Was Grayson Scott’s GAXOS.AI (GXAI) option grant part of a company equity plan?
Yes. The filing states the 25,000-share option grant was issued under GAXOS.AI’s 2022 Equity Incentive Plan. Such plans typically govern equity-based compensation for directors, officers, and employees under pre-approved terms and conditions.
Does Grayson Scott pay anything upfront for his new GAXOS.AI (GXAI) options?
No upfront payment is required for the grant; the transaction price per option share is reported as $0.00. Scott would pay the $1.32 per-share exercise price only if he chooses to exercise the vested options in the future.