Form 4: Beyond Air COO Michael Gaul Acquires 400,000 Stock Options

Michael A. Gaul, Chief Operating Officer of Beyond Air, Inc., acquired 400,000 stock options on March 26, 2025, according to a Form 4 filing.

Summary

• Michael A. Gaul, the Chief Operating Officer of Beyond Air, Inc. (XAIR), filed a Form 4 with the SEC.
• The filing reports a transaction that occurred on March 26, 2025, where Gaul acquired 400,000 stock options.
• These options have an exercise price of $0.2946.
• The options vest in installments, starting with 25% on December 31, 2025, and the remainder vesting annually on December 31 for the next three years.
• The options expire on March 26, 2035.
• Following the reported transaction, Gaul directly owns 400,000 derivative securities (stock options).

Sentiment

Score: 7

Explanation: The granting of stock options to a key executive is generally viewed as a positive sign, indicating confidence in the company's future prospects and aligning management's interests with those of shareholders. However, it's a routine event.

Positives

• The acquisition of stock options by a key executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The vesting schedule suggests a long-term commitment from the COO, aligning his interests with the company's future success.

Industry Context

Stock option grants are a common form of executive compensation in the biotechnology industry, aligning management's interests with shareholder value.

Stakeholder Impact

• Shareholders may view the stock option grant as a positive sign of management's commitment.
• Employees may see this as a sign of stability and potential future growth for the company.

Key Dates

Keywords

stock options, Form 4, Michael A. Gaul, Beyond Air, XAIR, Chief Operating Officer, beneficial ownership, SEC filing