4Accepted Oct 15, 4:07 PM ET
LogicMark: former director Carine Schneider sold 20,834 shares
Accepted (ET)
4:07 PM
Oct 15, 2026
Filed
Oct 15, 2026
Documents
1
Size
25.0 KB
Summary
LogicMark: former director Carine Schneider sold 20,834 shares
What happened
- Carine Schneider, former director, disposed of 20,834 shares to the issuer on Oct 13, 2026 at $1.31 per share for $27,293.
- The filing also reports an exercise/conversion of 20,833 option-derived shares and multiple additional dispositions to the issuer (1, 1, 1, 4, 9, 667, 3,334, 4,167 shares) on Oct 13, 2026 with no per-share price or value shown for those entries in the filing.
Key details
- Transaction date(s) and price(s): Oct 13, 2026; 20,834 shares sold at $1.31 per share for $27,293. Other dispositions and the 20,833-share option exercise/conversion are reported without a per-share price or proceeds in the filing.
- Shares owned after the transaction: not specified in the information provided.
- Footnote (F1): the filing says the transactions occurred in connection with a merger that closed on Oct 13, 2026; each outstanding stock option vested and the underlying common stock was canceled and converted into the right to receive cash from company funds equal to (i) the excess of $1.31 over the option exercise price per share, multiplied by (ii) the number of shares subject to the option, less applicable withholding; options with an exercise price greater than or equal to $1.31 were canceled for no consideration.
- Filing date: Oct 15, 2026 (as reported).
Why it may matter
- The filing shows an option exercise/conversion and cash payments tied to the merger: underlying option shares were converted and canceled and a cash amount was payable per the footnote rather than showing a market sale of shares.
- The filing does not show why the insider traded or why the company acted.