EMALFARB MARK A 4
4 · DYADIC INTERNATIONAL INC · Filed Sep 17, 2025
Insider Transaction Report
Form 4
EMALFARB MARK A
DirectorCEO10% Owner
Transactions
- Purchase
Senior Secured Convertible Promissory Note due March 8, 2027
2025-09-15$1000000.00/sh(indirect: By Trust)Exercise: $1.40Exp: 2027-03-08→ Common Stock (714,286 underlying)
Footnotes (1)
- [F1]Represents a purchase of $1,000,000 principal amount of Senior Secured Convertible Promissory Note due March 8, 2027 (the "Convertible Notes.") The Convertible Notes are senior, secured obligations of the Issuer and its affiliates, and interest is payable quarterly in cash on the principal amount equal to 8% per annum. The Convertible Notes will mature on March 8, 2027, unless earlier converted, repurchased, or redeemed in accordance with their terms. The Convertible Notes have a conversion price of $1.40 per share of common stock.