Phun Phieu 4

What Happened

• Phun Phieu, Chief Financial Officer of Ionetix Corp., was granted multiple equity awards on April 9, 2026 covering a total of 1,115,428 derivative shares (523,312 + 130,828 + 130,364 + 130,364 + 200,560). The filing lists these as awards/acquisitions of derivative securities (no per-share price or immediate cash value disclosed). These awards appear to be stock option-type grants rather than open-market purchases or sales.

Key Details

• Transaction date: April 9, 2026; Form 4 filed April 22, 2026 (appears later than the usual two-business-day filing window).
• Award totals: 1,115,428 derivative shares granted across five separate awards.
• Price/value: Not reported (derivative awards; "N/A" listed for price).
• Shares owned after transaction: Not specified in the provided filing data.
• Notable footnotes:
  • F2: Some awards were received in connection with the Merger, converted from legacy Ionetix options per a conversion ratio.
  • F1, F3–F6: Awards vest in 48 monthly installments (i.e., over four years) with different start dates (Apr 11, 2023; Jan 15, 2025; Mar 27, 2026; Mar 17, 2026; Mar 31, 2027).
• Timeliness: Filing date is April 22 for an April 9 transaction — this is outside the standard two-business-day disclosure window for Form 4s and may be noted by investors.

Context

• These entries are derivative awards/options (not open-market buys or sales). The awards will vest over time per the listed schedules; they do not represent immediate sales or cash proceeds. Because some vesting start dates are in the past, portions of certain grants may already be subject to ongoing monthly vesting. Awards issued in connection with a merger reflect conversion of prior legacy options rather than new cash purchases.