Bernier Russell Jean 4
4 · INTELLINETICS, INC. · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
Intellinetics (INLX) Director Bernier Russell Jean Receives 5,000-Share Award
What Happened
Bernier Russell Jean, a director of Intellinetics, was granted 5,000 shares on 2026-06-25 as an award (reported as a derivative acquisition). The grant was made in exchange for director services under the Company's 2023 Non‑Employee Director Compensation Plan (footnote F1). No purchase price or dollar value is stated in the filing.
Key Details
- Transaction date: 2026-06-25 (grant/award).
- Shares granted: 5,000 (reported as a derivative acquisition; price: N/A).
- Filing date: 2026-06-30 (Form 4 filed 5 days after the transaction; Form 4s are normally due within two business days — this appears to be late).
- Shares owned after the transaction: not reported in the provided filing.
- Footnote: F1 — granted in exchange for director services under the 2023 Non‑Employee Director Compensation Plan.
- Transaction code: A (award/grant).
Context
This was a compensation award to a non-employee director, not an open-market purchase or sale. Such grants are commonly given as part of routine director pay (often restricted stock or RSUs) and do not, by themselves, indicate the insider is buying or selling based on company prospects.
Insider Transaction Report
- Award
Non-Qualified Stock Option
[F1]2026-06-25+5,000→ 13,100 totalExercise: $6.11From: 2026-06-26Exp: 2036-06-25→ Common Stock (5,000 underlying)
Footnotes (1)
- [F1]Granted in exchange for director services to the Company, in accordance with the Company's 2023 Non-Employee Director Compensation Plan.