Form 4: Alzamend Neuro Director William Horne Reports Stock Option Exercise and Open Market Purchase
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
| Date | Description |
|---|---|
| 03/18/2025 | Date of stock option exercise and open market purchase. |
| 03/19/2025 | Date of signature on the SEC Form 4. |
| 04/29/2026 | Expiration date for 10,000 stock options. |
| 11/25/2029 | Expiration date for 1,667 stock options. |
| 11/17/2029 | Expiration date for 1,667 stock options. |
Keywords
Alzamend Neuro, ALZN, William Horne, Director, Stock Options, Open Market Purchase, Beneficial Ownership, SEC Form 4
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