COHEN RICHARD M 4
4 · 20/20 Biolabs, Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
20/20 Biolabs (AIDX) Director Richard Cohen Converts Preferred to Common
What Happened
Richard M. Cohen, a director of 20/20 Biolabs, reported the automatic conversion on Feb 19, 2026 of 7,700 shares of Series A‑2 preferred stock into 7,700 shares of common stock (conversion of a derivative). The common shares were recorded as acquired at $0.00, and the derivative (the preferred shares) was reported as disposed. No cash payment was made in the conversion.
Key Details
- Transaction date: February 19, 2026 (period of report).
- Filing date (Form 4): February 23, 2026 (timely filed).
- Shares involved: 7,700 preferred converted into 7,700 common.
- Reported price: $0.00 (no cash consideration).
- Disposal type: conversion of a derivative security (the Series A‑2 preferred).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: The Series A‑2 preferred automatically converted into an equivalent number of common shares upon the issuer's common stock listing on the Nasdaq Capital Market; the Series A‑2 preferred had no expiration date.
Context
This filing records a mechanical corporate conversion tied to the company’s Nasdaq listing rather than an open‑market purchase or sale. Such conversions typically do not indicate a director’s buy/sell decision about the stock; they reflect a change in security type (preferred → common) with no cash exchanged.
Insider Transaction Report
- Conversion
Common Stock
[F1]2026-02-19+7,700→ 7,700 total - Conversion
Series A-2 Preferred Stock
[F1]2026-02-19−7,700→ 0 total→ Common Stock (7,700 underlying)
Footnotes (1)
- [F1]On February 19, 2026, all shares of series A-2 preferred stock held by the Reporting Person were automatically converted into an equivalent number of shares of common stock upon the listing of the Issuer's common stock on the Nasdaq Capital Market. The series A-2 preferred stock had no expiration date.