Parry Jeffrey 4
Research Summary
AI-generated summary
PMGC (ELAB) Director Jeffrey Parry Receives Option Award
What Happened
Jeffrey Parry, a director of PMGC Holdings Inc. (ticker: ELAB), was granted 75,046 non‑statutory stock options on June 1, 2026. The Form 4 lists the grant as a derivative acquisition at $0.00 (total $0) and notes the options are 100% vested and immediately exercisable as of the grant date. The award was made under the Company’s 2025 Equity Incentive Plan, as amended, and was granted as partial consideration for Mr. Parry’s services as an independent director.
Key Details
- Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (appears timely under the two‑business‑day rule).
- Type: Award/Grant of derivative securities (Form 4 code A).
- Amount: 75,046 non‑statutory stock options; filing lists price as $0.00 (total $0).
- Vesting/exercise: Options are 100% vested and immediately exercisable (Footnote F1).
- Plan/purpose: Granted under the 2025 Equity Incentive Plan, as amended; granted as partial compensation for director services (Footnote F2).
- Shares owned after transaction: Not specified in the filing.
Context
These are option awards (derivative securities), not open‑market purchases or sales. Because the options are fully vested and exercisable, Mr. Parry could exercise them immediately, but the filing does not report any exercise or sale. Director option grants are a common form of compensation and do not, by themselves, indicate buying or selling sentiment in the market.