Form 4: Limitless X Holdings CEO Acquires Stock Options
SEC Form 4 Filing
Jaspreet Mathur, CEO of Limitless X Holdings, reports acquisition of stock options.
Summary
- Jaspreet Mathur, the CEO of Limitless X Holdings Inc. (LIMX), filed a Form 4 with the SEC.
- The filing reports a transaction that occurred on January 27, 2025.
- Mathur acquired stock options (right to purchase) for 133,333 shares of common stock at an exercise price of $0.56.
- These options are exercisable starting January 27, 2025, and expire on January 27, 2030.
- Mathur indirectly owns these options through Limitless Performance Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock option acquisition, which is neutral in sentiment.
Industry Context
Form 4 filings are standard practice for company insiders reporting transactions in their company's securities, providing transparency to the market.
Stakeholder Impact
- The acquisition of stock options by the CEO could align his interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of earliest transaction and date options become exercisable |
| 01/27/2030 | Expiration date of the stock options |
| 01/28/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Limitless X Holdings, LIMX, Jaspreet Mathur, Stock Options, Beneficial Ownership, SEC Filing, CEO
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