Pasithea Therapeutics Corp.·4

May 5, 4:41 PM ET

Leahy Emer 4

4 · Pasithea Therapeutics Corp. · Filed May 5, 2026

Research Summary

AI-generated summary of this filing

Updated

Pasithea (KTTA) Director Emer Leahy Receives Stock Award

What Happened
Director Emer Leahy received a grant (reported as an award/derivative) for 152,783 shares of Pasithea Therapeutics common stock on 2026-05-01. The transaction is reported at $0.00 because it is an option/award (not a cash purchase or sale) — no cash changed hands at grant and no shares were sold.

Key Details

  • Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (timely filing).
  • Transaction type/code: A (Award/Grant) — derivative security reported at $0.00.
  • Amount: 152,783 shares underlying an option/award.
  • Shares owned after transaction: not specified in this Form 4.
  • Footnote: The award was made under the Issuer’s 2023 Stock Incentive Plan. The underlying shares vest in full on the one-year anniversary of the grant provided the reporting person remains a director; they will fully vest sooner on a Change in Control.

Context
This is a standard equity award to an insider (director) rather than an open-market purchase or sale. Because the grant vests after one year (or on a change in control), these are not immediately tradable shares and do not represent an immediate transfer of cash value or a sale by the insider.

Insider Transaction Report

Form 4
Period: 2026-05-01
Leahy Emer
Director
Transactions
  • Award

    Stock Option (right to buy)

    [F1]
    2026-05-01+152,783152,783 total
    Exercise: $0.84Exp: 2036-04-30Common Stock (152,783 underlying)
Footnotes (1)
  • [F1]The option (the "Option") award was made in accordance with the terms of the Issuer's 2023 Stock Incentive Plan, as amended (the "Plan"). The shares of the Issuer's common stock, par value $0.0001 per share, underlying the Option will vest in full upon the one-year anniversary of the date of grant; provided, that the Reporting Person remains a director of the Issuer through such vesting date; provided further, that the shares underlying the Option will fully vest upon a Change in Control (as defined in the Plan).
Signature
/s/ Dr. Emer Leahy|2026-05-05

Documents

1 file
  • 4
    ownership.xmlPrimary