McGarity Jon 4
4 · Klotho Neurosciences, Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Klotho (KLTO) Director Jon McGarity Receives Award 350,000 Shares
What Happened Jon McGarity, a director of Klotho Neurosciences, received a grant of 350,000 common shares (transaction code A) on March 4, 2026. The filing lists price and aggregate value as N/A; the grant was made under the company’s Equity Incentive Plan (see footnote F1). This is an award/compensation issuance rather than a market purchase or sale.
Key Details
- Transaction date: 2026-03-04 (reported on Form 4 filed 2026-03-06)
- Transaction type: Award/Grant under Equity Incentive Plan (code A)
- Shares acquired: 350,000; price/aggregate value: N/A (reported as grant)
- Shares owned after transaction: Not disclosed in this filing
- Footnote: F1 — shares were issued as a grant under the company’s Equity Incentive Plan
- Filing timeliness: Reported two days after the transaction; appears timely under the 2-business-day Form 4 requirement
Context Grants under an equity incentive plan are typically part of compensation and may vest over time or be subject to restrictions; they do not by themselves indicate the insider’s intention to buy or sell additional shares. No exercise, sale, or tax-withholding details were reported in this Form 4.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-04+350,000→ 411,277 total
Footnotes (1)
- [F1]The Reporting person received the shares as a grant under the company's Equity Incentive Plan.