Form 4: Beyond Air Director Ron Bentsur Acquires 45,000 Stock Options
SEC Form 4
Ron Bentsur, a director of Beyond Air, Inc., reported the acquisition of 45,000 stock options with an exercise price of $1.53 on March 20, 2024.
Summary
- On March 20, 2024, Ron Bentsur, a director of Beyond Air, Inc., acquired 45,000 stock options.
- The exercise price for these options is $1.53.
- The options vest in installments, starting with 25% on December 31, 2024, and the remainder in equal annual installments over the following three years.
- The options expire on March 20, 2034.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock option acquisition.
Positives
- The acquisition of stock options by a director may indicate confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions and provides insight into the compensation structure for Beyond Air's directors.
Stakeholder Impact
- The acquisition of stock options by a director could be viewed positively by shareholders as it aligns the director's interests with the company's success.
Key Dates
| Date | Description |
|---|---|
| 03/20/2024 | Date of transaction: Ron Bentsur acquired 45,000 stock options. |
| 03/21/2024 | Date of Form 4 filing. |
| 12/31/2024 | First vesting date for 25% of the stock options. |
| 03/20/2034 | Expiration date of the stock options. |
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