Form 4: Kindly MD Director Gary Seelhorst Reports Stock and Option Transactions
SEC Form 4 Filing
Director Gary Seelhorst reports acquisition and disposal of Kindly MD, Inc. stock and options.
Summary
- On May 12, 2025, Gary Seelhorst, a director of Kindly MD, Inc., reported transactions involving the company's stock and options.
- Seelhorst acquired 1,838 shares of common stock at $1.61 per share and disposed of 5,114 shares.
- He also acquired options for 2,000 shares with an exercise price of $3.90, vesting upon a change in control, and options for 538 shares with an exercise price of $5.50.
- Seelhorst disposed of 3,387 options with an exercise price of $3.90 and 3,925 options with an exercise price of $5.50.
- Following these transactions, Seelhorst directly owns 5,114 shares of common stock, 3,387 options with an exercise price of $3.90 and 3,925 options with an exercise price of $5.50.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock and option transactions by a company director. There is no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, as they reflect insider trading activity.
- The vesting of some options upon a change in control could impact stakeholders in the event of a merger or acquisition.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of earliest transaction and date of option exercisable |
| 05/14/2025 | Date of signature |
| 05/12/2035 | Expiration date of options |
Keywords
Form 4, Director, Gary Seelhorst, KDLY, Kindly MD, Inc., Stock Options, Beneficial Ownership, Securities Transactions
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