Form 4: Renovaro Inc. Interim CFO Simon Tarsh Acquires Options
SEC Form 4 Filing
Interim CFO of Renovaro Inc., Simon Tarsh, reports the acquisition of options to purchase 58,500 shares of common stock.
Summary
- Simon Tarsh, the Interim CFO of Renovaro Inc., filed a Form 4 on November 6, 2024, reporting a transaction.
- On November 4, 2024, Tarsh acquired options to purchase 58,500 shares of Renovaro Inc.'s common stock at an exercise price of $0.62.
- These options vest upon the termination of the Consulting Agreement between Renovaro Inc. and Tarsh PB Advisors LLC, effective November 4, 2024, contingent on the hiring of a replacement CFO.
- The options expire on November 4, 2034.
- Following the reported transaction, Tarsh directly owns options for 58,500 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a routine transaction. Sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of options by the Interim CFO could align his interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 11/04/2024 | Date of earliest transaction: Acquisition of options and effective date of Consulting Agreement termination (contingent on replacement CFO hire). |
| 11/04/2034 | Expiration date of the options. |
| 11/06/2024 | Date of Form 4 filing. |
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