Kovalyov George 4

What Happened

• Georgiy (George) Kovalyov, a director of PMGC Holdings Inc. (ticker ELAB), was granted non‑statutory stock options covering 75,046 shares on June 1, 2026. The Form 4 reports the grant as an acquisition (derivative) with a reported price of $0.00 and a reported value of $0.
• The filing notes these options are 100% vested and immediately exercisable as of the grant date and were granted as partial compensation for Mr. Kovalyov’s services as an independent director. This is an award/compensation event, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (timely).
• Transaction type: A = Award/Grant of derivative securities (non‑statutory stock options).
• Shares/options granted: 75,046; reported price: $0.00; reported value: $0.
• Vesting/exercise: Options are 100% vested and immediately exercisable (per footnote).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — granted under the 2025 Equity Incentive Plan; F2 — granted as partial consideration for director services.

Context

• This is a compensation grant to a director (typical corporate practice) rather than a purchase indicating personal cash commitment. Because the options are immediately exercisable and reported at $0.00, exercising would convert them into shares without a cash exercise price per the filing, but the Form 4 only reports the grant (derivative award), not any exercise or sale.
• No late filing flags were indicated; the report appears timely (filed the day after the transaction).