HERBST SETH 4
4 · DYADIC INTERNATIONAL INC · Filed Jan 6, 2026
Insider Transaction Report
Form 4
HERBST SETH
Director
Transactions
- Exercise/Conversion
Common Stock
2026-01-02+21,552→ 202,311 total - Exercise/Conversion
Restricted Stock Unit
2026-01-02−21,552→ 0 total→ Common Stock (21,552 underlying) - Award
Stock Option
2026-01-02+50,000→ 50,000 totalExercise: $0.94From: 2027-01-02Exp: 2036-01-02→ Common Stock (50,000 underlying) - Award
Restricted Stock Unit
2026-01-02+39,894→ 39,894 total→ Common Stock (39,894 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Annual grant of stock options.
- [F3]Annual grant of restricted stock units.
- [F4]The restricted stock units will be settled 100% in Issuer's common stock when vested upon the first anniversary of the date of grant, subject to continued service as a member of the board of directors.
- [F5]The restricted stock units previously issued and vested upon the first anniversary of the date of grant, subject to continued service as a member of the board of directors, were settled 100% in Issuer's common stock.