Form 4: Nuburu Director Lily Yan Hughes Acquires Stock Options
SEC Form 4 Filing
Director Lily Yan Hughes acquired 6,945 stock options in Nuburu, Inc. on October 1, 2024.
Summary
- On October 1, 2024, Lily Yan Hughes, a director of Nuburu, Inc., acquired 6,945 stock options.
- The options have an exercise price of $0.453.
- The options became exercisable on October 1, 2024, and expire on October 1, 2034.
- Following the transaction, Lily Yan Hughes directly owns 6,945 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral event. It simply reflects a director acquiring stock options, which is a common form of compensation.
Industry Context
This is a standard SEC Form 4 filing, reflecting a change in beneficial ownership of securities by a company insider. It's a routine part of corporate governance and provides transparency to the market.
Stakeholder Impact
- The acquisition of stock options by a director could be viewed positively by shareholders as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of earliest transaction: Lily Yan Hughes acquired stock options. |
| 10/01/2024 | Stock options became exercisable. |
| 10/01/2034 | Stock options expiration date. |
| 10/03/2024 | Date of signature on the Form 4 filing. |
Keywords
stock options, Form 4, Nuburu, director, acquisition, securities
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