GAXOS.AI (GXAI) director granted 25,000 new stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GAXOS.AI INC. director Adam Holzer received an award of 25,000 employee stock options to buy common stock at an exercise price of $1.32 per share. The options were granted under the 2022 Equity Incentive Plan and vest 100% on the one-year anniversary of the grant date. Following this grant, Holzer holds 53,750 stock options in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Holzer Adam
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)
- [object Object]
FAQ
What did GAXOS.AI (GXAI) director Adam Holzer receive in this Form 4?
Adam Holzer received an award of 25,000 employee stock options. These options give him the right to buy GAXOS.AI common stock at a fixed exercise price as part of his equity-based compensation package under the company’s 2022 Equity Incentive Plan.
What is the exercise price of Adam Holzer’s new GAXOS.AI stock options?
The granted options have an exercise price of $1.32 per share. This means Holzer can buy GAXOS.AI common stock at $1.32 in the future upon exercising the options, regardless of the market price at that time, once they are vested.
When do Adam Holzer’s 25,000 GAXOS.AI stock options vest?
One hundred percent of the 25,000 options vest on the one-year anniversary of the grant date. Until that vesting date, the options generally cannot be exercised, aligning Holzer’s incentives with the company’s longer-term performance and retention objectives.
How many GAXOS.AI stock options does Adam Holzer hold after this grant?
After this transaction, Adam Holzer holds a total of 53,750 stock options. The Form 4 shows this updated position following the 25,000-option grant, providing context for his overall equity-linked exposure to GAXOS.AI’s common stock.
Is Adam Holzer’s GAXOS.AI Form 4 transaction a market purchase or sale?
The transaction is a grant of employee stock options, not a market purchase or sale. It is recorded with code “A” as a grant or award acquisition, reflecting compensation rather than open-market trading activity in GAXOS.AI shares.