Azitra, Inc.·4

Apr 22, 5:30 PM ET

Salva Francisco D. 4

Research Summary

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Azitra CEO Salva Francisco D. Receives 220,879-Share Award

What Happened

  • Salva Francisco D., President & CEO and Director of Azitra, Inc. (AZTR), was granted a derivative equity award for 220,879 shares on 2026-04-20. The reported acquisition price is $0.00, indicating this was a grant/option-style award rather than an open-market purchase.

Key Details

  • Transaction date: 2026-04-20; Form 4 filed: 2026-04-22 (timely filing).
  • Transaction type/code: A (Grant/award or other acquisition — derivative instrument).
  • Price reported: $0.00 (award/option grant, not a cash purchase).
  • Shares acquired: 220,879 (derivative award).
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote (vesting): 1/3 of the award vests on the one-year anniversary of issuance, then 1/36 of the total award vests each calendar month for the next two years (i.e., a three-year vesting schedule).
  • No immediate sale or exercise reported in this filing.

Context

  • This is a derivative equity grant (likely stock options or restricted equity subject to vesting) designed to align executive incentives with company performance; it does not represent an immediate market purchase or sale. The vesting schedule means the shares will become available over time rather than all at once.