10/05/2026 | Press release | Distributed by Public on 10/05/2026 15:53
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Option to Purchase Common Stock(1) | $0.37 | 10/01/2026 | J(1) | 1,342,500 | (1) | 11/30/2026 | Common Stock | 1,342,500 | $ 0 | 447,500(1) | D | ||||
| Option to Purchase Common Stock(2) | $0.37 | 10/01/2026 | J(2) | 1,470,000 | (2) | 11/30/2026 | Common Stock | 1,470,000 | $ 0 | 490,000(2) | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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PAYNE KITTY B 119 E. 6TH STREET APT 308 TULSA, OK 74119 |
Former CFO, Treasurer, Secret. | |||
| /s/ Kitty B. Payne | 10/05/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | The options reported reflect options originally granted to the Reporting Person on August 6, 2025. In connection with the Reporting Person's transition from the Company, 1,342,500 unvested options were forfeited. Following the transaction reported herein, the Reporting Person continues to hold 447,500 options, which became exercisable on August 6, 2026 in accordance with the original vesting schedule. |
| (2) | On October 1, 2026, the Board of Directors of the Company approved the acceleration of the vesting of 490,000 options originally granted to the Reporting Person on October 7, 2025, from October 6, 2026 to September 1, 2026. In connection with the Reporting Person's transition from the Company, 1,470,000 unvested options were forfeited. Following the transaction reported herein, the Reporting Person continues to hold 490,000 options, which became exercisable as of September 1, 2026 as a result of the acceleration. |