Singer William S. 4
Research Summary
AI-generated summary
TAO Synergies (TAOX) Director William S. Singer Receives Award
What Happened
William S. Singer, a director of TAO Synergies Inc. (TAOX), was granted an 800‑share award classified as a derivative on April 7, 2026. The reported acquisition price is $0.00, so the filing shows $0 in immediate cash value. This was an award/grant (not an open‑market purchase or sale) and is typically part of compensation rather than a trading decision.
Key Details
- Transaction date: 2026-04-07; Form 4 filed: 2026-04-08 (appears filed the next day).
- Transaction code: A (award/grant/other acquisition).
- Shares/units acquired: 800; reported acquisition price: $0.00; reported immediate value: $0.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: F1 — "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."
- No indication in the filing of a 10b5-1 plan, tax‑withholding sale, or late filing flag.
Context
This is a derivative award/compensation grant — not an open‑market buy or sale. The footnote indicates related options won’t vest or be exercisable until the director completes one year of service after April 7, 2026, which means the award may be subject to time‑based vesting and not immediately liquid. Such awards are common for aligning insiders with company performance and do not, by themselves, signal an insider buying or selling for investment reasons.