Form 4: Lixte Biotechnology Director Regina Brown Acquires Stock Options in Lieu of Cash Compensation
SEC Form 4
Director Regina Brown acquired 9,508 stock options in Lixte Biotechnology Holdings, Inc. on March 31, 2025, in lieu of quarterly cash compensation.
Summary
- Regina Brown, a director of Lixte Biotechnology Holdings, Inc., acquired 9,508 stock options on March 31, 2025.
- These options were granted in lieu of quarterly cash compensation under the Board Compensation Plan.
- The options have an exercise price of $1.21 and expire on March 31, 2030.
- Brown directly owns these options.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The director's acceptance of stock options in lieu of cash compensation suggests confidence in the company's future prospects.
Positives
- The acquisition of stock options by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
In the biotechnology industry, stock options are a common form of compensation for directors and executives, aligning their interests with those of shareholders.
Related Party Transactions
- The grant of stock options to Regina Brown, a director, in lieu of cash compensation is a related party transaction.
Stakeholder Impact
- Shareholders may view the director's acceptance of stock options as a positive sign, aligning her interests with theirs.
- Employees may see this as a sign of confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 06/30/2021 | Options to Purchase Common Stock expire |
| 05/11/2021 | Options to Purchase Common Stock expire |
| 06/30/2022 | Options to Purchase Common Stock expire |
| 06/30/2023 | Options to Purchase Common Stock expire |
| 06/30/2024 | Options to Purchase Common Stock expire |
| 09/30/2024 | Options to Purchase Common Stock expire |
| 01/20/2025 | Options to Purchase Common Stock expire |
| 03/31/2025 | Regina Brown acquired 9,508 stock options with an exercise price of $1.21. |
| 03/31/2025 | Options to Purchase Common Stock expire |
| 05/11/2026 | Options to Purchase Common Stock expire |
| 06/30/2026 | Options to Purchase Common Stock expire |
| 06/30/2027 | Options to Purchase Common Stock expire |
| 06/30/2028 | Options to Purchase Common Stock expire |
| 06/30/2029 | Options to Purchase Common Stock expire |
| 09/30/2029 | Options to Purchase Common Stock expire |
| 01/20/2030 | Options to Purchase Common Stock expire |
| 03/31/2030 | Options to Purchase Common Stock expire |
| 04/01/2025 | Date of signature. |
Keywords
stock options, director, Lixte Biotechnology, Regina Brown, compensation, Form 4, beneficial ownership
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