4//SEC Filing
SINKULE JOSEPH 4
Accession 0001213900-25-073273
CIK 0001907223other
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 6:00 AM ET
Size
8.0 KB
Accession
0001213900-25-073273
Insider Transaction Report
Form 4
SINKULE JOSEPH
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2025-08-05+537,180→ 4,446,700 total - Other
Common Stock
2025-07-22−2,000,000→ 3,909,520 total
Footnotes (4)
- [F1]On July 22, 2025 and August 6, 2025, the Reporting Person transferred and pledged a total of 2,000,000 shares to Stock Loan Solutions, LLC ("Lender") as collateral for a non-recourse loan. The term of the loan is 3 years. The Reporting Person intends to use a portion of the proceeds from the term loan to liquidate some personal obligations. As beneficial owner of the shares pledged to it as collateral, Lender may take any and all actions with respect to such shares, including selling, assigning, transferring, pledging, hypothecating, lending, or encumbering the same, or enter into hedging arrangements, or create and trade derivative instruments backed by such shares as called for in the loan agreements.
- [F2]Absent a default, the Reporting Person retains a conditional right to exercise the voting rights applicable to such shares. Within five business days of the Reporting Person's repayment of the loan, the Lender must transfer the Shares to the Reporting Person, subject to the Lender's right to withhold and set off against the Shares any sums owed to the Lender by the Reporting Person under the loan agreement. Despite the parties' intention for the Lender to transfer the Shares to the Reporting Person after the Loan is repaid, the Lender may be deemed to beneficially own the Shares during the Loan term.
- [F3]Includes 1,000,000 shares issuable upon the exercise of incentive options.
- [F4]The Reporting Person received the shares as contingent merger consideration.
Documents
Issuer
Klotho Neurosciences, Inc.
CIK 0001907223
Entity typeother
Related Parties
1- filerCIK 0001524409
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 6:00 AM ET
- Size
- 8.0 KB