Form 4: LogicMark CFO Mark Archer Receives Stock Award

LogicMark's Chief Financial Officer, Mark Archer, was granted 25,000 shares of common stock as a restricted stock award, subject to a vesting schedule.

Summary

• Mark Archer, Chief Financial Officer of LogicMark, Inc. (LGMK), received a restricted stock award (RSA) of 25,000 shares of common stock.
• The award was granted as compensation for service as an officer under the issuer's 2023 Stock Incentive Plan.
• The shares were acquired at a price of $0, reflecting a grant.
• The RSA is subject to vesting, commencing on November 3, 2025.
• One-quarter (1/4) of the shares will vest on November 3, 2026, and thereafter, one-sixteenth (1/16) of the shares will vest on the first day of each subsequent three-month period until the entire award has vested.
• Vesting is contingent upon the reporting person remaining in the service of the issuer for each such quarter.
• The number of shares reported on this Form 4 has been adjusted to reflect a one-for-seven hundred fifty (1:750) reverse stock split effected by the issuer on October 24, 2025.
• Following the transaction, Mark Archer directly beneficially owns 23,806 shares and indirectly beneficially owns 1,255 shares through FLG Partners, LLC, totaling 25,061 shares.

Sentiment

Score: 7

Explanation: The filing reports a routine executive compensation grant, which is generally positive for aligning management incentives with shareholder interests. It does not, however, provide information on the company's operational or financial performance.

Positives

• The grant of restricted stock aligns the Chief Financial Officer's interests with those of the shareholders, incentivizing long-term performance.
• The award is part of the company's 2023 Stock Incentive Plan, indicating a structured approach to executive compensation.

Risks

• The vesting of the restricted stock award is contingent upon the Chief Financial Officer remaining in the service of the issuer, meaning forfeiture could occur if employment ceases before vesting dates.
• The value of the compensation is tied to the future stock price of LogicMark, Inc., exposing the recipient to market fluctuations.

Future Outlook

The restricted stock award's vesting schedule extends into the future, with the first quarter vesting on November 3, 2026, and subsequent quarterly vesting periods thereafter, contingent on the CFO's continued service to the company.

Management Comments

• The restricted stock award was received as compensation for the reporting person's service as an officer pursuant to the issuer's 2023 Stock Incentive Plan.

Industry Context

The granting of restricted stock awards to executive officers is a common practice in publicly traded companies to incentivize long-term performance and align management interests with shareholder value. This filing reflects a standard compensation event within the industry.

Comparison to Industry Standards

• The use of restricted stock awards as a component of executive compensation is a standard practice across various industries, including technology and services sectors, to retain key talent and motivate performance.
• While the specific size of the award (25,000 shares post-split) and the 1:750 reverse stock split are company-specific, the structure of a multi-year vesting schedule with a cliff and subsequent quarterly vesting is typical for such awards.
• Without specific details on LogicMark's peer group compensation structures or market capitalization, a direct comparison to specific comparable companies or projects is not feasible based solely on this filing.

Corporate Governance

Related Party Transactions

• Mark Archer indirectly beneficially owns 1,255 shares through FLG Partners, LLC, where he is a partner. He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Stakeholder Impact

• Shareholders: The grant aligns the CFO's long-term interests with shareholder value creation, potentially leading to more focused strategic decisions.
• Employees: Standard executive compensation practices can influence overall company morale and perception of fairness in compensation structures.

Next Steps

• Vesting of 1/4 of the awarded shares on November 3, 2026.
• Subsequent vesting of 1/16 of the awarded shares on the first day of each three-month period thereafter, contingent on continued service.

Key Dates

Keywords

LogicMark, LGMK, Mark Archer, CFO, Form 4, SEC filing, restricted stock award, stock compensation, insider transaction, corporate governance, executive compensation, reverse stock split