BullFrog AI Holdings, Inc.·4

Jun 15, 5:29 PM ET

Elsey R Don 4

4 · BullFrog AI Holdings, Inc. · Filed Jun 15, 2026

Research Summary

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BullFrog AI (BFRG) Director Elsey R Don Receives 15,000 Options

What Happened

  • Elsey R Don, a director of BullFrog AI Holdings, Inc. (BFRG), received a grant of 15,000 stock options (derivative award) on June 11, 2026. The Form 4 reports the acquisition price as $0.00 because this was an award under the company’s equity plan rather than an open‑market purchase.
  • The options vest on June 11, 2027 and expire on June 12, 2036. The grant was made under the company’s 2022 Equity Compensation Plan and the grant price was set based on the market price on the grant date.

Key Details

  • Transaction date: 2026-06-11; Form 4 filed: 2026-06-15.
  • Reported transaction: 15,000 options (code A — award/grant); acquisition price shown as $0.00 (derivative).
  • Vesting: June 11, 2027; expiration: June 12, 2036.
  • Acceleration: Lapse of forfeiture restrictions may accelerate on a change in control or a significant financing (per plan).
  • Shares/options owned after transaction: not specified in the provided filing.

Context

  • This was an equity award (grant of options), not a cash purchase or sale. Awards are common as director compensation and do not by themselves indicate buying or selling sentiment.
  • The strike/exercise price is described as being based on market price at grant (per filing footnote); these options become valuable only if the stock rises above that exercise price before expiration.

Insider Transaction Report

Form 4
Period: 2026-06-11
Elsey R Don
Director
Transactions
  • Award

    Stock Options (Right to Buy)

    [F3][F1][F2]
    2026-06-11+15,00015,000 total
    Exercise: $0.63Common Stock (15,000 underlying)
Footnotes (3)
  • [F1]Represents stock options issued under BullFrog AI Holdings, Inc.'s (the "Company") 2022 Equity Compensation Plan, as amended from time to time (the "Plan"), which vest on June 11, 2027. Lapse of forfeiture restrictions will accelerate upon a change in control of the Company (as defined in the Plan) or a significant financing, which may, or may not, constitute a change in control.
  • [F2]The stock options expire on June 12, 2036.
  • [F3]The options were issued as a grant under the Plan, based on the market price on the date of the grant.
Signature
/s/ R. Don Elsey|2026-06-15

Documents

1 file
  • 4
    ownership.xmlPrimary

    4