Form 4: Dyadic International Director Exercises Stock Options
SEC Form 4 Filing
Director Jack Kaye exercised stock options in Dyadic International, resulting in changes to his beneficial ownership.
Summary
- On March 5, 2025, Jack Kaye, a director of Dyadic International, exercised 30,000 stock options at a price of $1.33 per share.
- The exercise was facilitated by withholding 27,517 shares of common stock to cover the exercise price, based on a market price of $1.45 per share on the same day.
- Following these transactions, Kaye directly owns 59,649 shares of Dyadic International common stock.
- Kaye also continues to hold zero derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock option exercises, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the actions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 04/01/2015 | Original date exercisable for some stock options |
| 12/31/2015 | Original date exercisable for some stock options |
| 03/31/2025 | Expiration date for stock options |
| 03/05/2025 | Date of stock option exercise and share withholding |
| 03/07/2025 | Date of signature on the Form 4 filing |
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