El-Dada Riad Hussein 4
4 · Klotho Neurosciences, Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Klotho Neurosciences (KLTO) Director El‑Dada Riad Hussein Receives Award
What Happened
El‑Dada Riad Hussein, a director of Klotho Neurosciences, received an award of 350,000 shares on 2026-03-04. The Form 4 reports this as an "A" (award/grant) transaction; no purchase price or aggregate dollar value is shown on the filing, indicating the shares were issued as compensation under the company’s Equity Incentive Plan.
Key Details
- Transaction date: 2026-03-04; Form 4 filed: 2026-03-06. The filing appears timely.
- Transaction type/code: A (Grant/Award).
- Shares received: 350,000. Price per share: N/A (grant — no cash purchase). Aggregate value: not disclosed on the form.
- Footnote: F1 — shares were granted under the company’s Equity Incentive Plan.
- Shares owned after transaction: not specified in the provided filing excerpt.
- No indication in the filing that shares were immediately sold or part of a 10b5-1 plan.
Context
Equity grants to directors are common as compensation and may be subject to vesting schedules, transfer restrictions, or holding requirements; the Form 4 does not detail vesting or restrictions beyond the Equity Incentive Plan reference. Such awards are compensatory and do not necessarily signal the director’s view of the stock’s near‑term prospects.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-04+350,000→ 350,000 total
Footnotes (1)
- [F1]The Reporting person received the shares as a grant under the company's Equity Incentive Plan.