Grey Wendy 4

What Happened Wendy Grey, a 10% owner of Zeo ScientifiX (ZEOX), was granted two option awards on 2026-06-10 totaling 1,250,000 options (625,000 + 625,000). The reported transaction price is $0.00, indicating these were awards (derivative grants) under the company's 2021 Equity Incentive Plan rather than open‑market purchases or sales.

Key Details

• Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (covers the 6/10 grants).
• Awarded: two option grants of 625,000 shares each — total 1,250,000 options. Transaction reported at $0.00.
• Derivative terms: options issued under the 2021 Equity Incentive Plan; exercisable on a "cashless basis" and have a ten‑year term from the award date.
• Vesting: one grant vested in full as of the grant date and is immediately exercisable cashless (Footnote F3); the other vests upon achievement of specified performance milestones (Footnote F1).
• Recipient entity: securities were issued to Greyt Ventures, LLC, a principal stockholder and consultant; Ms. Grey is trustee of a trust that owns Greyt Ventures (Footnote F2).
• Antidilution note: the performance‑based options are antidilutive for any future transaction that would issue ≥10% of the company on a fully diluted basis (Footnote F1).
• Shares owned after transaction: not disclosed in the provided excerpt.

Context These were option awards (derivative grants), not open‑market buys or sales. "Cashless" exercise means the holder can exercise without paying cash up front by surrendering a portion of the shares to cover the exercise cost and taxes. As a 10% owner and via Greyt Ventures (a principal stockholder/consultant), these transactions reflect equity compensation/allocations rather than routine insider buying or selling; they should be interpreted accordingly, without inferring direct market sentiment.