STOCK TITAN

[Form 4] Phio Pharmaceuticals Corp. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Phio Pharmaceuticals insider Jonathan E. Freeman reported acquisition of 14,700 shares of common stock on 09/11/2025 through restricted stock units that will vest on the first annual anniversary of the grant. Following the reported transaction Freeman beneficially owns 16,055 shares, a figure that includes other unvested restricted stock units. The filing states the reported amounts were adjusted to reflect prior reverse stock splits. The form was signed by an attorney-in-fact on behalf of the reporting person.

L'insider di Phio Pharmaceuticals, Jonathan E. Freeman, ha riportato l'acquisizione di 14.700 azioni ordinarie il 11/09/2025 tramite unità azionarie vincolate (RSU) che matureranno al primo anniversario annuale dell'assegnazione. Dopo la segnalazione, Freeman detiene beneficiamente 16.055 azioni, cifra che include altre RSU non vestite. La dichiarazione afferma che gli importi riportati sono stati adeguati per riflettere in precedenza scissioni inverse delle azioni. Il modulo è stato firmato da un procuratore in fact per conto della persona che comunica.

Un insider de Phio Pharmaceuticals, Jonathan E. Freeman, informó la adquisición de 14.700 acciones ordinarias el 11/09/2025 mediante unidades de acciones restringidas que vencerán en el primer aniversario del otorgamiento. Tras la operación reportada, Freeman posee de forma beneficiosa 16.055 acciones, cifra que incluye otras RSU no vestidas. La presentación indica que las cantidades reportadas se ajustaron para reflejar desdoblamientos inversos de acciones previos. El formulario fue firmado por un apoderado en nombre de la persona reportante.

Phio Pharmaceuticals의 내부자 Jonathan E. Freeman은 2025년 9월 11일에 제한 주식 단위(RSU)를 통해 보통주 14,700주를 취득했다고 보고했다. RSU는 수여일의 첫 해 기념일에 vesting된다. 보고된 거래 후 Freeman은 16,055주를 실질적으로 보유하게 되며, 이는 아직 vest되지 않은 다른 RSU를 포함한다. 제출서는 과거의 역주식분할을 반영하기 위해 금액이 조정되었다고 명시한다. 양식은 보고자 대신 대리인에 의해 서명됐다.

Un informateur de Phio Pharmaceuticals, Jonathan E. Freeman, a déclaré l'acquisition de 14 700 actions ordinaires le 11/09/2025 par le biais d'unités d'actions restreintes qui vestent au premier anniversaire annuel de l'attribution. Après la transaction déclarée, Freeman détient bénéficiairement 16 055 actions, chiffre incluant d'autres unités d'actions restreintes non acquises. Le dossier indique que les montants déclarés ont été ajustés pour refléter d'anciens splits inverses d'actions. Le formulaire a été signé par un mandataire au nom de la personne déclarant.

Der Insider von Phio Pharmaceuticals, Jonathan E. Freeman, meldete den Erwerb von 14.700 Stammaktien am 11.09.2025 durch Restricted Stock Units, die am ersten jährlichen Jubiläum der Gewährung vesten. Nach der gemeldeten Transaktion besitzt Freeman vorteilhaft 16.055 Aktien, eine Zahl, die auch andere unvestete RSUs einschließt. Das Filing gibt an, dass die gemeldeten Beträge angepasst wurden, um frühere Reverse Stock Splits zu berücksichtigen. Das Formular wurde von einem Bevollmächtigten im Namen der meldenden Person unterzeichnet.

أبلغ شخص ذو صلة بالشركة Phio Pharmaceuticals، جوناثان إي. فريمان، عن شراء 14,700 سهم عادي من خلال وحدات أسهم مقيدة ستصبح قابلة للتحقق عند أول ذكرى سنوية للمنحة. بعد الصفقة المذكورة، يمتلك فريمان بشكل مفيد 16,055 سهمًا، وهو رقم يشمل وحدات أسهم مقيدة إضافية لم تُكتسب بعد. تشير الإيداع إلى أن الأرقام المذكورة قد تم تعديلها لتعكس تقسيمات عكسية سابقة للأسهم. تم توقيع النموذج من قبل وكيل قانوني نيابة عن الشخص المبلغ.

Phio Pharmaceuticals 的内部人士 Jonathan E. Freeman 于 2025-09-11 通过受限股票单位(RSU)购买了 14,700 股普通股,这些 RSU 将在授予后的第一个年度周年日归属。在披露的交易后,Freeman 实益拥有 16,055 股,其中还包含其他尚未归属的 RSU。 filing 表明所报金额已调整以反映此前的反向股票拆分。该表格由代表报告人的代理人签署。

Positive
  • Director participation in equity compensation aligns management interests with shareholders
  • Clear disclosure of vesting schedule (shares vest on first annual anniversary) enhances transparency
Negative
  • None.

Insights

TL;DR: Director acquired vested-equivalent equity via RSUs; holding remains modest and appears routine.

The Form 4 documents a non-derivative acquisition of 14,700 shares represented by restricted stock units granted to a director, with vesting on the first anniversary of the grant. The post-transaction beneficial ownership is 16,055 shares including other unvested RSUs. The filing notes adjustments for prior reverse stock splits, indicating share counts reflect corporate actions rather than new issuances beyond the RSU grant. This disclosure is standard for Section 16 insiders and provides transparency on director equity compensation without indicating a material change in control or financing.

TL;DR: Disclosure reflects routine director equity grant and standard reporting; no governance red flags disclosed.

The report shows the director received RSUs that convert to common stock on vesting, consistent with typical compensation practices for board members. The filing includes an exhibit for power of attorney and was executed by an attorney-in-fact. The adjustment for reverse stock splits is disclosed, which is appropriate for accurate beneficial ownership reporting. No departures, sales, or unusual transfer terms are described in the document.

L'insider di Phio Pharmaceuticals, Jonathan E. Freeman, ha riportato l'acquisizione di 14.700 azioni ordinarie il 11/09/2025 tramite unità azionarie vincolate (RSU) che matureranno al primo anniversario annuale dell'assegnazione. Dopo la segnalazione, Freeman detiene beneficiamente 16.055 azioni, cifra che include altre RSU non vestite. La dichiarazione afferma che gli importi riportati sono stati adeguati per riflettere in precedenza scissioni inverse delle azioni. Il modulo è stato firmato da un procuratore in fact per conto della persona che comunica.

Un insider de Phio Pharmaceuticals, Jonathan E. Freeman, informó la adquisición de 14.700 acciones ordinarias el 11/09/2025 mediante unidades de acciones restringidas que vencerán en el primer aniversario del otorgamiento. Tras la operación reportada, Freeman posee de forma beneficiosa 16.055 acciones, cifra que incluye otras RSU no vestidas. La presentación indica que las cantidades reportadas se ajustaron para reflejar desdoblamientos inversos de acciones previos. El formulario fue firmado por un apoderado en nombre de la persona reportante.

Phio Pharmaceuticals의 내부자 Jonathan E. Freeman은 2025년 9월 11일에 제한 주식 단위(RSU)를 통해 보통주 14,700주를 취득했다고 보고했다. RSU는 수여일의 첫 해 기념일에 vesting된다. 보고된 거래 후 Freeman은 16,055주를 실질적으로 보유하게 되며, 이는 아직 vest되지 않은 다른 RSU를 포함한다. 제출서는 과거의 역주식분할을 반영하기 위해 금액이 조정되었다고 명시한다. 양식은 보고자 대신 대리인에 의해 서명됐다.

Un informateur de Phio Pharmaceuticals, Jonathan E. Freeman, a déclaré l'acquisition de 14 700 actions ordinaires le 11/09/2025 par le biais d'unités d'actions restreintes qui vestent au premier anniversaire annuel de l'attribution. Après la transaction déclarée, Freeman détient bénéficiairement 16 055 actions, chiffre incluant d'autres unités d'actions restreintes non acquises. Le dossier indique que les montants déclarés ont été ajustés pour refléter d'anciens splits inverses d'actions. Le formulaire a été signé par un mandataire au nom de la personne déclarant.

Der Insider von Phio Pharmaceuticals, Jonathan E. Freeman, meldete den Erwerb von 14.700 Stammaktien am 11.09.2025 durch Restricted Stock Units, die am ersten jährlichen Jubiläum der Gewährung vesten. Nach der gemeldeten Transaktion besitzt Freeman vorteilhaft 16.055 Aktien, eine Zahl, die auch andere unvestete RSUs einschließt. Das Filing gibt an, dass die gemeldeten Beträge angepasst wurden, um frühere Reverse Stock Splits zu berücksichtigen. Das Formular wurde von einem Bevollmächtigten im Namen der meldenden Person unterzeichnet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Freeman Jonathan E

(Last) (First) (Middle)
C/O PHIO PHARMACEUTICALS CORP.
411 SWEDELAND RD., STE 23-1080

(Street)
KING OF PRUSSIA PA 19406

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Phio Pharmaceuticals Corp. [ PHIO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $.0001 par value 09/11/2025 A 14,700(1) A $0 16,055(2)(3) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares underlying a restricted stock unit, which shares will vest on the first annual anniversary of the grant.
2. Includes shares of common stock underlying unvested restricted stock units.
3. The number of reported securities has been adjusted to reflect prior reverse stock splits.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Lisa C. Carson, Attorney-in-Fact 09/15/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Jonathan E. Freeman report on the PHIO Form 4?

The report shows an acquisition of 14,700 shares via restricted stock units on 09/11/2025.

How many PHIO shares does Freeman beneficially own after the transaction?

The Form 4 reports Freeman beneficially owns 16,055 shares, including unvested restricted stock units.

When do the restricted stock units reported in the PHIO filing vest?

The filing states the shares underlying the restricted stock units will vest on the first annual anniversary of the grant.

Did the PHIO Form 4 adjust share counts for corporate actions?

Yes, the filing notes the reported securities were adjusted to reflect prior reverse stock splits.

Who signed the PHIO Form 4 on behalf of the reporting person?

The form was signed by Lisa C. Carson, Attorney-in-Fact on 09/15/2025.
Phio Pharmaceuticals Corp

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13.52M
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Biotechnology
Pharmaceutical Preparations
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United States
KING OF PRUSSIA