Grayson Scott 4

What Happened

• Grayson Scott, a director of GAXOS.AI (GXAI), was granted a derivative award of 25,000 shares on 2026-03-20. The grant is reported at $0.00 per share (no cash paid at grant), with a reported total value of $0 on the Form 4. This was an equity award (not an open-market purchase or sale), typically part of compensation.

Key Details

• Transaction date: 2026-03-20; Form 4 filed: 2026-03-23 (timely filed within the reporting window).
• Amount: 25,000 shares (derivative securities, code A = award/grant).
• Reported price: $0.00 per share; reported total value: $0.
• Footnote: Options were issued under the Issuer’s 2022 Equity Incentive Plan; 100% of the shares subject to the option vest on the one-year anniversary of the grant.
• Shares owned after the transaction: not specified in the provided filing details.

Context

• This filing reports an option/award grant, not an exercise or sale. The award vests in full after one year, so the grantee cannot realize the shares immediately unless the company’s plan allows otherwise.
• Equity awards to directors are common as compensation and do not necessarily signal a near-term buying or selling intention.