Ionetix Corp / DE /·4

Apr 22, 1:24 PM ET

Martin Gregory Scott 4

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Ionetix Director Martin Scott Receives Stock Awards

What Happened
Martin Gregory Scott, a director of Ionetix, was granted/received a total of 349,514 shares of the issuer's common stock on April 9, 2026. The awards consist of 180,291 shares issued as merger consideration and multiple derivative awards (totaling 169,223 shares) issued in connection with converted option awards. No per-share price is reported (listed as N/A); these were equity awards and option conversions tied to the Merger closing.

Key Details

  • Transaction date: April 9, 2026. Form 4 filed April 22, 2026 (filed after the typical 2-business-day window).
  • Total shares received: 349,514 (180,291 merger consideration + 169,223 derivative/option-related shares).
  • Price: N/A (awards/merger consideration; not an open-market purchase or sale).
  • Shares owned after transaction: not disclosed in the filing.
  • Notable footnotes:
    • Merger consideration: each Legacy Ionetix share converted into 0.5014 shares of the issuer (footnote F1). The Merger closed April 9, 2026.
    • Several awards were received in exchange for Legacy Ionetix options adjusted by the conversion ratio (F3). Some options are fully vested (F2); others vest monthly over 48 months beginning March 2026 (F4, F5).

Context
These entries are awards/conversions tied to the company’s April 9, 2026 merger (not open-market buys or sales). Derivative entries reflect converted/exchanged options rather than exercised-for-cash sales; vesting terms vary by grant. The filing date is later than the usual 2-business-day Form 4 deadline, which the company reported with this filing.