Holzer Adam 4

What Happened
Adam Holzer, a director of GAXOS.AI (GXAI), was granted a derivative award for 25,000 shares on March 20, 2026. The filing reports the acquisition at $0.00 (derivative), so no cash purchase or sale occurred. The award was granted under the issuer’s equity plan and is an issuance of equity-linked securities rather than an open-market trade.

Key Details

• Transaction date: 2026-03-20; Filing date: 2026-03-23 (filed within the normal reporting window).
• Instrument: 25,000-share derivative award reported at $0.00 per share.
• Plan: Issued pursuant to the Issuer’s 2022 Equity Incentive Plan.
• Vesting: 100% of the shares subject to the award vest on the one-year anniversary of the grant (per footnote).
• Shares owned after transaction: Not specified in the Form 4 filing provided.

Context
This was a grant/award (not a purchase or sale). Derivative grants like stock options or restricted stock units are common compensation for directors and typically vest over time; they do not necessarily signal immediate buying or selling intent. The one-year cliff vesting means the recipient must remain director/employee for a year before the award becomes exercisable/owned.