Form 4: Alzamend Neuro Director William Horne Reports Stock Option Exercise and Open Market Purchase

Sentiment:

SEC Form 4 Filing


Director William Horne exercised stock options and purchased shares of Alzamend Neuro (ALZN) common stock on March 18, 2025.

Summary

  • On March 18, 2025, William B. Horne, a director of Alzamend Neuro, Inc. (ALZN), exercised stock options to acquire 10,000 shares of common stock at a price of $0.06 per share.
  • Horne also purchased 5,000 shares of ALZN common stock in the open market at a weighted average price of $0.9703 per share, with prices ranging from $0.9693 to $0.9742.
  • Following these transactions, Horne beneficially owns 21,666 shares of ALZN common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates

DateDescription
03/18/2025Date of stock option exercise and open market purchase.
03/19/2025Date of signature on the SEC Form 4.
04/29/2026Expiration date for 10,000 stock options.
11/25/2029Expiration date for 1,667 stock options.
11/17/2029Expiration date for 1,667 stock options.

Keywords

Alzamend Neuro, ALZN, William Horne, Director, Stock Options, Open Market Purchase, Beneficial Ownership, SEC Form 4

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.