Form 4: Anixa Biosciences Director Exercises Stock Options

Sentiment:

SEC Form 4 Filing


Lewis H. Titterton Jr., a director of Anixa Biosciences, exercised stock options to acquire 16,000 shares of common stock at $2.575 per share on October 22, 2024.

Summary

  • On October 22, 2024, Lewis H. Titterton Jr., a director of Anixa Biosciences Inc., exercised employee stock options.
  • This transaction involved the acquisition of 16,000 shares of common stock at a price of $2.575 per share.
  • Following the transaction, Titterton directly owns 912,334 shares of Anixa Biosciences Inc.
  • The stock options were granted on January 2, 2015, and are exercisable until January 2, 2025.

Sentiment

Score: 5

Explanation: Neutral. This is a standard regulatory filing related to the exercise of stock options by a company director. It doesn't inherently indicate positive or negative sentiment.

Industry Context

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

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the increase in the number of outstanding shares.

Key Dates

DateDescription
01/02/2015Date of stock option grant.
10/22/2024Date of transaction (exercise of stock options).
10/23/2024Date of signature on the Form 4 filing.
01/02/2025Expiration date of the stock options.

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