Form 4: Cardio Diagnostics Holdings Director Paul Burton Reports Stock Option Transaction
SEC Form 4 Filing
Director Paul Frederick Burton of Cardio Diagnostics Holdings, Inc. reports acquiring stock options and disposing of derivative securities on March 31, 2025.
Summary
- On March 31, 2025, Paul Frederick Burton, a director of Cardio Diagnostics Holdings, Inc. [CDIO], reported a transaction involving derivative securities.
- Burton acquired 18,939 stock options with an exercise price of $0.33.
- These options are exercisable from March 31, 2025, and expire on March 31, 2035.
- The report also indicates the disposal of 49,744 derivative securities.
- Following the reported transactions, Burton still owns 49,744 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral report of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the director's holdings and trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of earliest transaction and date stock options were acquired and become exercisable |
| 03/31/2035 | Expiration date of the stock options |
| 04/01/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Cardio Diagnostics Holdings, Director, Stock Options, Derivative Securities, Beneficial Ownership, CDIO, Paul Frederick Burton
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