Boothe Douglas 4
4 · Ionetix Corp / DE / · Filed Apr 21, 2026
Research Summary
AI-generated summary of this filing
Ionetix Director Boothe Douglas Receives 53,299-Share Awards
What Happened
Boothe Douglas, a director of Ionetix Corp., received two derivative equity awards on April 9, 2026 totaling 53,299 shares (28,229 and 25,070). These were grants (reported as transaction code A) related to a merger exchange of legacy Ionetix options; no cash purchase or sale price is reported (N/A).
Key Details
- Transaction date: 2026-04-09 (Form 4 filed 2026-04-21). The filing appears late vs. the usual 2-business-day Form 4 deadline.
- Award amounts: 28,229 shares (derivative) and 25,070 shares (derivative); combined = 53,299 shares.
- Price: N/A (these are grants/derivative instruments, not open-market purchases or sales).
- Shares owned after transaction: Not reported on the Form 4.
- Relevant footnotes from the filing:
- F1: One option vests in 48 monthly installments beginning March 27, 2026.
- F3: The other option vests in 48 monthly installments beginning March 17, 2026.
- F2: Awards were received in connection with the Merger in exchange for options to acquire shares of legacy Ionetix common stock adjusted by a conversion ratio.
Context
These are derivative awards (options/awards) rather than an outright stock purchase or sale. The grants vest monthly over 48 months, so they do not represent immediately liquid shares. The awards were issued in connection with a merger and reflect conversion/adjustment of legacy option awards rather than new cash transactions.
Insider Transaction Report
- Award
Stock Option (Right to Buy)
[F2][F1]2026-04-09+28,229→ 28,229 totalExercise: $0.98Exp: 2035-03-26→ Common Stock (28,229 underlying) - Award
Stock Option (Right to Buy)
[F2][F3]2026-04-09+25,070→ 25,070 totalExercise: $0.98Exp: 2035-03-16→ Common Stock (25,070 underlying)
Footnotes (3)
- [F1]The stock option vests in 48 monthly installments beginning on March 27, 2026.
- [F2]Received in connection with the Merger in exchange for options to acquire shares of Legacy Ionetix common stock adjusted by the Conversion Ratio.
- [F3]The stock option vests in 48 monthly installments beginning on March 17, 2026.