Form 4: Oragenics Inc. Director Robert Koski Acquires Options
SEC Form 4
Director Robert Koski acquired options to purchase 65,000 shares of Oragenics Inc. common stock on September 19, 2024.
Summary
- Robert Koski, a director of Oragenics Inc., acquired options to purchase 65,000 shares of the company's common stock on September 19, 2024.
- The options were granted under the company's 2021 Equity Incentive Plan as part of the non-employee director compensation program.
- The exercise price of the options is $0.48, which is the closing price of the company's stock on the grant date.
- The options vest immediately and expire on September 19, 2034.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation.
Positives
- The immediate vesting of the options could incentivize the director to work towards increasing shareholder value.
Industry Context
This is a standard practice for compensating non-employee directors, aligning their interests with those of the shareholders.
Comparison to Industry Standards
- Granting stock options to directors is a common practice among publicly traded companies to align their interests with shareholders.
- The vesting schedule and exercise price are typical for such grants.
Stakeholder Impact
- The option grant aligns the director's interests with those of the shareholders, potentially encouraging decisions that increase shareholder value.
Key Dates
| Date | Description |
|---|---|
| 09/19/2024 | Date of earliest transaction: Robert Koski acquired options to purchase shares of Oragenics Inc. common stock. |
| 09/19/2024 | Options vest immediately. |
| 09/19/2034 | Options expire. |
| 09/20/2024 | Date of signature. |
Keywords
Oragenics Inc., Director, Robert Koski, Options, Equity Incentive Plan, Beneficial Ownership, OGEN
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