Hurd Jonathan Scott 4

What Happened Jonathan Scott Hurd, a director of Intelligent Bio Solutions Inc. (INBS), was granted 5,000 restricted shares of common stock on March 18, 2026. The award was reported on a Form 4 as an A (award/grant) transaction at a grant price of $0.00 (total reported value $0). This is a compensation award (not an open‑market purchase or sale).

Key Details

• Transaction date: March 18, 2026; Form 4 filed March 20, 2026 (filed within two business days of the transaction).
• Security: Common stock; 5,000 restricted shares granted at $0.00 per share.
• Vesting: Time‑based vesting after 12 months; shares are subject to forfeiture until vested (per footnote).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: (1) All amounts are presented post a 1‑for‑10 reverse split effected Dec 15, 2025. (2) Grant made under the Intelligent Bio Solutions Inc. 2019 Long Term Incentive Plan; subject to time‑based vesting and forfeiture.

Context Restricted share awards like this are a form of equity compensation for directors and generally reflect company pay practices rather than an immediate trading signal. The $0 grant price indicates these were awarded shares, not a purchase; they only become freely owned if and when vested according to the plan terms.