Form 4: Cingulate Inc. Director John A. Roberts Acquires Stock Options
SEC Form 4 Filing
Director John A. Roberts of Cingulate Inc. reports the acquisition of stock options.
Summary
- On March 4, 2024, John A. Roberts, a director of Cingulate Inc., acquired stock options to purchase 5,000 shares of common stock at an exercise price of $1.18.
- The options vest in two tranches: 50% on the six-month anniversary of the grant date and the remaining 50% on the twelve-month anniversary.
- The options expire on March 4, 2034.
- Following the transaction, Roberts directly owns options for 5,000 shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding stock option grants, with no inherent positive or negative sentiment.
Industry Context
This is a standard disclosure related to insider transactions, common in publicly traded companies.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment as it aligns director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of stock option grant and transaction. |
| 03/04/2034 | Expiration date of the stock options. |
Keywords
Form 4, Cingulate Inc., Stock Options, Director, Beneficial Ownership, Roberts, CING
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