LogicMark, Inc.: former director John P. Pettitt sold 29,024 shares

What happened

• The filing shows former director John P. Pettitt disposed of a total of 29,024 shares on Oct 13, 2026. That includes a disposition of 20,833 shares at $1.31 per share for $27,291 and multiple additional dispositions (amounts per share listed as N/A).
• The filing also shows an exercise or conversion of derivative securities for 20,833 shares on Oct 13, 2026 (reported with code M and no per-share price).

Key details

• Transaction date: Oct 13, 2026. Report filed Oct 15, 2026 (two days after the transactions).
• Reported price(s): $1.31 per share for 20,833 shares (total $27,291); other dispositions and the derivative conversion are reported with per-share price N/A.
• Shares owned after the transaction: not reported in the provided filing details.
• Relevant footnote (F1): in connection with the closing of the merger dated Jul 31, 2026 (closed Oct 13, 2026), each outstanding stock option vested and the underlying common stock was canceled and converted into the right to receive cash equal to (i) the excess of (1) $1.31 over (2) the option exercise price per share, multiplied by (ii) the total number of shares subject to the option; options with a per-share exercise price greater than or equal to $1.31 were canceled for no consideration.
• Transaction codes in the filing: D (disposition to the issuer) and M (exercise or conversion of a derivative).

Why it may matter

• Options exercise: the filing shows exercised/converted options for 20,833 shares and disposals to the issuer; footnote F1 indicates the underlying shares were canceled and converted into cash per the merger terms.
• This filing does not show why the insider traded or why the company acted.