Holloway Michael Andrew 4
4 · LIXTE BIOTECHNOLOGY HOLDINGS, INC. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Lixte Director Michael Holloway Receives 15,000 RSU Award
What Happened
Michael Andrew Holloway, a director of Lixte Biotechnology Holdings, received an award of 15,000 restricted share units (RSUs) that vested on July 1, 2026. The reported transaction is coded as an award/acquisition (A) at $0.00 per RSU (no cash paid). According to the filing, these RSUs vested upon satisfaction of the applicable performance conditions and represent contingent rights to receive one share of common stock per RSU.
Key Details
- Transaction date: July 1, 2026; Form 4 filed July 2, 2026 (timely filing).
- Transaction type/code: Award/Grant (A); 15,000 RSUs acquired at $0.00.
- Holdings after transaction: Footnote states Column 5 includes the 15,000 newly awarded RSUs plus 25,000 RSUs (all vested) — totaling 40,000 RSUs reported as vested.
- Footnotes: F1 explains each RSU converts to one share upon vesting and the performance conditions have been satisfied. F2 clarifies the Column 5 total includes both the new 15,000 and 25,000 previously awarded RSUs.
- No mention of tax withholding, cashless sale, or a 10b5-1 plan in the filing.
Context
RSUs are a form of equity compensation that convert into shares when vesting conditions are met; this filing reports vesting (an acquisition of vested RSUs), not a market purchase or sale. Such awards are routine for compensation and do not, by themselves, indicate a director buying or selling stock in the open market.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-07-01+15,000→ 40,000 total
Footnotes (2)
- [F1]The reported transaction involved the Reporting Person's receipt of 15,000 restricted share units ("RSUs"). The RSUs were granted pursuant to the applicable RSU agreement and the Lixte Biotechnology Holdings, Inc. 2020 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of common stock upon vesting, subject to continued service. The 15,000 RSUs vested upon the achievement of the performance conditions set forth in the Reporting Person's RSU agreement, which have been satisfied.
- [F2]The total reported in Column 5 includes (i) the 15,000 newly awarded RSUs, and (ii) 25,000 RSUs, all of which have vested.