Ephron Robert 4
Research Summary
AI-generated summary
TAO Synergies (TAOX) Director Robert Ephron Receives 800-Unit Award
What Happened
- Robert Ephron, a director of TAO Synergies Inc. (TAOX), was granted 800 derivative securities on 2026-04-07. The filing records an acquisition at $0.00 per share (derivative award), and the instrument is described in the filing as options.
Key Details
- Transaction date: 2026-04-07; Form 4 filed: 2026-04-08 (filed within the typical 2‑business‑day window).
- Grant: 800 derivative securities recorded at $0.00 (no cash paid at grant).
- Vesting/Exercisability: Footnote states all of the holder’s options shall vest and become immediately exercisable upon the holder’s completion of one year of service following April 7, 2026 (i.e., vesting after one year of service).
- Shares owned after transaction: Not specified in the summary provided — see the full Form 4 for beneficial ownership totals.
- Remarks/Exhibits: Exhibit 24 (Power of Attorney) is included with the filing.
Context
- This was a grant of options (a derivative award), not an open‑market purchase or sale. No immediate cash changed hands and Ephron will not own exercisable shares until the options vest and are exercised. Grants like this are typically part of compensation or retention packages; they do not by themselves signal a buy or sell decision in the market.
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