Form 4: Beyond Air CFO Douglas Quinton Larson Acquires Stock Options
SEC Form 4 Filing
Douglas Quinton Larson, CFO of Beyond Air, Inc., reports the acquisition of stock options.
Summary
- Douglas Quinton Larson, the Chief Financial Officer of Beyond Air, Inc. (XAIR), filed a Form 4 on March 28, 2025.
- The form reports a transaction that occurred on March 26, 2025, where Larson acquired 350,000 stock options with an exercise price of $0.2946.
- These options vest as to 25% on December 31, 2025, and the remainder in equal annual installments on December 31 of the following three years.
- The options expire on March 26, 2035.
- Following the transaction, Larson directly owns 350,000 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently indicate positive or negative sentiment, but rather reports a transaction.
Industry Context
Form 4 filings are routine disclosures required by the SEC when company insiders, like the CFO, engage in transactions involving the company's securities. This provides transparency to the market.
Stakeholder Impact
- The acquisition of stock options by the CFO could be viewed positively by stakeholders as it aligns the CFO's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date of transaction: CFO acquired stock options. |
| 03/26/2025 | Date exercisable: Stock options acquired. |
| 12/31/2025 | First vesting date: 25% of the options vest. |
| 03/28/2025 | Date of Form 4 filing. |
| 03/26/2035 | Expiration date: Stock options expire. |
Keywords
Form 4, Stock Options, Beneficial Ownership, Beyond Air, XAIR, Larson, CFO
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.