Biolargo, Inc.: director Linda Park received 234,375 shares

What happened

• Linda Park, director, received an option grant covering 234,375 shares on Sep 30, 2026. The filing reports price as N/A. The footnote states the option was issued as payment for $18,750 in fees due to the reporting person for services on the issuer's board of directors under the issuer's 2024 Equity Incentive Plan.

Key details

• Transaction date: Sep 30, 2026. Transaction code: A (award/grant).
• Number of shares/options: 234,375.
• Price per share: N/A.
• Filing date: Oct 02, 2026.
• Shares owned after the transaction: not specified in the filing.
• Footnote F1: option issued to reporting person as payment for $18,750 in fees for board services for the most recently completed quarterly period; number of shares equals fees due divided by the exercise price of the option.

Why it may matter

• This was an option grant (award), not an exercise or sale.
• The filing shows the option was issued as payment for board fees rather than a cash purchase or gift.
• A filing does not show why the insider traded or why the company acted.