Form 4: Firefly Neuroscience Director DeCaprio Acquires Deferred Stock Units

David DeCaprio, a director at Firefly Neuroscience, was granted 16,667 Deferred Stock Units (DSUs) under the company's 2024 Long-Term Incentive Plan.

Summary

• On March 10, 2025, David DeCaprio, a director of Firefly Neuroscience, Inc., was granted 16,667 Deferred Stock Units (DSUs) under the Issuer's 2024 Long-Term Incentive Plan.
• 8,333 DSUs vested immediately on the grant date.
• An additional 4,167 DSUs will vest on June 10, 2025, and another 4,167 DSUs will vest on September 10, 2025.
• Each DSU represents a contingent right to receive one share of Firefly Neuroscience's common stock.

Sentiment

Score: 7

Explanation: The document reflects a standard compensation practice, suggesting stability and alignment of interests. The vesting schedule indicates a long-term commitment.

Positives

• The grant of DSUs to a director aligns their interests with those of the shareholders.
• The vesting schedule incentivizes continued service and contribution to the company.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the DSUs.

Industry Context

Grants of stock options and restricted stock units are a common way to compensate directors and align their interests with shareholders in the biotechnology industry.

Comparison to Industry Standards

• Director compensation packages vary widely across the biotechnology industry depending on company size, stage of development, and board responsibilities.
• Comparing Firefly Neuroscience's director compensation to companies like Biogen, Amgen, or smaller peers would provide a better understanding of its relative competitiveness.
• Stock options and restricted stock units are common components of director compensation packages in the biotech industry, often vesting over a multi-year period.

Stakeholder Impact

• The grant of DSUs aligns the director's interests with those of shareholders, potentially leading to decisions that benefit the company's long-term value.
• Employees may view the director's compensation as a sign of confidence in the company's future.

Key Dates