Form 4: Indaptus Therapeutics Director Hila Karah Cancels Stock Options
SEC Form 4
Director Hila Karah cancels multiple stock option grants in Indaptus Therapeutics, receiving $500 in consideration.
Summary
- Hila Karah, a director of Indaptus Therapeutics, filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the cancellation of several stock option grants by mutual agreement between Karah and Indaptus Therapeutics.
- Karah received a total of $500 as consideration for the cancellation of these options.
- The canceled options had various exercise prices and expiration dates, with the underlying common stock valued at $0.39 per share.
- The transaction occurred on April 10, 2025.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock option cancellations. It doesn't inherently indicate positive or negative sentiment, but rather a factual account of a transaction.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency into the actions of company directors. Option cancellations can occur for various reasons, including changes in compensation strategy or the director's personal financial planning.
Key Dates
| Date | Description |
|---|---|
| 05/22/2016 | Original grant date of one of the canceled stock option grants. |
| 06/28/2018 | Original grant date of one of the canceled stock option grants. |
| 06/28/2019 | Original grant date of one of the canceled stock option grants. |
| 07/15/2020 | Original grant date of one of the canceled stock option grants. |
| 04/10/2025 | Date of stock option cancellation. |
| 04/11/2025 | Date of Form 4 filing. |
| 05/22/2026 | Original expiration date of one of the canceled stock option grants. |
| 06/28/2025 | Original expiration date of one of the canceled stock option grants. |
| 06/28/2026 | Original expiration date of one of the canceled stock option grants. |
| 07/15/2027 | Original expiration date of one of the canceled stock option grants. |
Keywords
Form 4, Indaptus Therapeutics, Stock Options, Beneficial Ownership, Director, Hila Karah, Cancellation
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