Form 4: IIOT-OXYS, Inc. COO Karen McNemar Reports Share Vesting

Karen McNemar, COO of IIOT-OXYS, Inc., reports the vesting of 2,500,000 shares of common stock on April 1, 2024, pursuant to a consulting agreement.

Summary

• On April 5, 2024, Karen McNemar, the COO of IIOT-OXYS, Inc. filed a Form 4.
• The form reports changes in beneficial ownership of the company's stock.
• On April 1, 2024, 2,500,000 previously-awarded shares vested pursuant to a Consulting Agreement.
• Following the transaction, McNemar directly owns 5,804,500 shares of IIOT-OXYS, Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

• The vesting of shares indicates continued involvement and alignment of interests between the COO and the company.

Industry Context

Form 4 filings are a standard part of regulatory compliance for company insiders and provide transparency into their transactions in the company's stock.

Stakeholder Impact

• The vesting of shares could have a minor positive impact on shareholder confidence, as it demonstrates the COO's continued stake in the company's success.

Key Dates

Keywords

Form 4, Beneficial Ownership, Vesting, IIOT-OXYS, ITOX, Karen McNemar, COO, Common Stock, Consulting Agreement