Bernstein Bruce 4

What Happened

• Bruce Bernstein, a director of TAO Synergies, received a grant of 800 derivative shares (reported as an award/acquisition) on April 7, 2026. The grant price is listed as $0.00, so no cash was paid and no immediate proceeds were received.
• This was a grant/award (transaction code A), not a market purchase or sale.

Key Details

• Transaction date: 2026-04-07; Form 4 filed 2026-04-08 (timely filing).
• Amount: 800 derivative shares granted at $0.00 (total reported consideration $0).
• Shares owned after transaction: not disclosed in the filing.
• Footnote: All of the holder’s options will vest and become immediately exercisable only after the holder completes one year of service following April 7, 2026.
• Transaction type: Derivative award (likely options or similar equity award); not an exercise or sale.

Context

• This is a grant/award rather than a purchase or sale, so it does not reflect an immediate cash investment or divestment by the insider. The award vests after one year of service, so any potential exercise or sale would occur later if/when vested and exercised.
• For retail investors, grants to insiders are common for compensation and retention; they are informative about pay arrangements but are not direct indicators of immediate insider buying or selling.