Bensler Graydon 4

What Happened

• Graydon Bensler, CEO of PMGC Holdings Inc. (ELAB), had 450,277 non‑statutory stock options granted to GB Capital Ltd. (his wholly owned entity) on June 1, 2026. The Form 4 reports the option grant as an acquisition at $0.00 (derivative instrument). The options are 100% vested and immediately exercisable as of the grant date. The filing reports beneficial ownership after the transaction as 450,279 securities (2 shares previously held + 450,277 shares underlying the new options).

Key Details

• Transaction date: June 1, 2026; Form 4 filed: June 3, 2026 (within the 2-business-day Form 4 deadline).
• Instrument: Non‑statutory stock options covering 450,277 shares; acquisition price reported $0.00.
• Shares owned after transaction: 450,279 total (2 actual shares + 450,277 underlying options).
• Footnotes: Options were granted to GB Capital Ltd., a British Columbia corporation wholly owned by Graydon Bensler, under the company’s 2025 Equity Incentive Plan as partial consideration for consultant services. Options are fully vested and immediately exercisable.
• Filing timeliness: Timely (no late‑filing indicated).

Context

• This was a derivative grant (option award), not a cash purchase or sale. The options give the holder the right to acquire common shares when exercised; the filing does not report any immediate exercise-for-sale (cashless exercise) or sale of underlying shares. Because the award was issued to the insider’s company as compensation, it should be viewed as a compensation/consulting arrangement rather than an open‑market insider purchase. Retail investors may want to check PMGC’s outstanding share count and recent filings to assess potential dilution from option exercises.