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[Form 4] Co-Diagnostics, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Co-Diagnostics insider Richard David Abbott received 220,000 restricted stock units (RSUs) on 08/13/2025 under the Issuer's 2015 Long Term Incentive Plan. Each RSU represents the contingent right to receive one share of common stock upon vesting. After the grant Abbott beneficially owns 350,438 shares of common stock, with the 220,000 RSUs vesting in six installments beginning 11/23/2025 and continuing every six months thereafter. The Form 4 was signed 08/15/2025 and lists Abbott as President and a director.

Il dirigente di Co-Diagnostics, Richard David Abbott, ha ricevuto 220.000 unità di azioni vincolate (RSU) il 08/13/2025 nell'ambito del Piano di Incentivazione a Lungo Termine 2015 dell'emittente. Ciascuna RSU dà diritto, al verificarsi delle condizioni di maturazione, a ricevere una azione ordinaria. Dopo la concessione Abbott detiene beneficiariamente 350.438 azioni ordinarie; le 220.000 RSU matureranno in sei tranche a partire dal 11/23/2025 e poi ogni sei mesi. Il Modulo 4 è stato firmato il 08/15/2025 e indica Abbott come Presidente e amministratore.

El directivo de Co-Diagnostics, Richard David Abbott, recibió 220.000 unidades de acciones restringidas (RSU) el 08/13/2025 bajo el Plan de Incentivos a Largo Plazo 2015 del emisor. Cada RSU representa el derecho contingente a recibir una acción ordinaria al consolidarse. Tras la concesión, Abbott posee de forma beneficiaria 350.438 acciones ordinarias; las 220.000 RSU se consolidarán en seis pagos a partir del 11/23/2025 y cada seis meses después de esa fecha. El Formulario 4 fue firmado el 08/15/2025 y registra a Abbott como Presidente y director.

Co-Diagnostics� 임원 리처� 데이비드 애보�(Richard David Abbott)� 발행회사� 2015� 장기 인센티브 플랜� 따라 2025/08/13� 220,000주의 제한부 주식 단위(RSU)� 수여받았습니�. � RSU� 권리가 성립되면 보통� 1주를 수령� � 있는 조건부 권리� 의미합니�. 수여 � 애보트는 � 350,438주의 보통주를 실질적으� 보유하고 있으�, 220,000주의 RSU� 2025/11/23부� 시작� 6� 분할� � 6개월마다 베스팅됩니다. 서식 4(Form 4)� 2025/08/15� 서명되었� 애보트는 사장 � 이사� 기재되어 있습니다.

Le dirigeant de Co-Diagnostics, Richard David Abbott, a reçu 220 000 unités d'actions restreintes (RSU) le 13/08/2025 dans le cadre du Plan d'Incitation à Long Terme 2015 de l'émetteur. Chaque RSU représente le droit conditionnel de recevoir une action ordinaire lors de la levée des conditions. Après l'attribution, Abbott détient à titre bénéficiaire 350 438 actions ordinaires ; les 220 000 RSU seront acquises en six versements à partir du 23/11/2025 puis tous les six mois. Le Formulaire 4 a été signé le 15/08/2025 et mentionne Abbott en tant que Président et administrateur.

Der Insider von Co-Diagnostics, Richard David Abbott, erhielt am 13.08.2025 220.000 Restricted Stock Units (RSUs) im Rahmen des Long Term Incentive Plans 2015 des Emittenten. Jede RSU gewährt das bedingte Recht, bei Vesting eine Stammaktie zu erhalten. Nach der Zuteilung hält Abbott wirtschaftlich 350.438 Stammaktien; die 220.000 RSUs vesten in sechs Tranchen beginnend am 23.11.2025 und danach alle sechs Monate. Das Formular 4 wurde am 15.08.2025 unterschrieben und führt Abbott als President und Direktor auf.

Positive
  • 220,000 RSUs granted under the Issuer's 2015 Long Term Incentive Plan, explicitly stated in the filing
  • Each RSU converts to one share upon vesting, as described in the document
  • Post-grant beneficial ownership disclosed: 350,438 shares are reported following the transaction
Negative
  • None.

Insights

TL;DR: A routine executive equity grant increases the reporting person’s potential stake by 220,000 RSUs, vesting over three years.

The filing documents a standard equity compensation grant to the company President under the 2015 Long Term Incentive Plan. The RSUs convert one-for-one into common shares upon vesting and raise reported beneficial ownership to 350,438 shares. The staggered vesting schedule beginning 11/23/2025 implies retention incentives tied to future service rather than immediate dilution. No cash exercise price is reported.

TL;DR: Disclosure shows a clear, plan-based RSU grant to a named officer with defined vesting dates; disclosure appears complete and routine.

This Form 4 specifies the grant source, unit-to-share conversion, and a six-installment vesting timetable, meeting typical Section 16 disclosure requirements. The report identifies Abbott s roles and provides the post-grant beneficial ownership total. There are no amendments, derivative transactions, or peculiar transfer arrangements disclosed.

Il dirigente di Co-Diagnostics, Richard David Abbott, ha ricevuto 220.000 unità di azioni vincolate (RSU) il 08/13/2025 nell'ambito del Piano di Incentivazione a Lungo Termine 2015 dell'emittente. Ciascuna RSU dà diritto, al verificarsi delle condizioni di maturazione, a ricevere una azione ordinaria. Dopo la concessione Abbott detiene beneficiariamente 350.438 azioni ordinarie; le 220.000 RSU matureranno in sei tranche a partire dal 11/23/2025 e poi ogni sei mesi. Il Modulo 4 è stato firmato il 08/15/2025 e indica Abbott come Presidente e amministratore.

El directivo de Co-Diagnostics, Richard David Abbott, recibió 220.000 unidades de acciones restringidas (RSU) el 08/13/2025 bajo el Plan de Incentivos a Largo Plazo 2015 del emisor. Cada RSU representa el derecho contingente a recibir una acción ordinaria al consolidarse. Tras la concesión, Abbott posee de forma beneficiaria 350.438 acciones ordinarias; las 220.000 RSU se consolidarán en seis pagos a partir del 11/23/2025 y cada seis meses después de esa fecha. El Formulario 4 fue firmado el 08/15/2025 y registra a Abbott como Presidente y director.

Co-Diagnostics� 임원 리처� 데이비드 애보�(Richard David Abbott)� 발행회사� 2015� 장기 인센티브 플랜� 따라 2025/08/13� 220,000주의 제한부 주식 단위(RSU)� 수여받았습니�. � RSU� 권리가 성립되면 보통� 1주를 수령� � 있는 조건부 권리� 의미합니�. 수여 � 애보트는 � 350,438주의 보통주를 실질적으� 보유하고 있으�, 220,000주의 RSU� 2025/11/23부� 시작� 6� 분할� � 6개월마다 베스팅됩니다. 서식 4(Form 4)� 2025/08/15� 서명되었� 애보트는 사장 � 이사� 기재되어 있습니다.

Le dirigeant de Co-Diagnostics, Richard David Abbott, a reçu 220 000 unités d'actions restreintes (RSU) le 13/08/2025 dans le cadre du Plan d'Incitation à Long Terme 2015 de l'émetteur. Chaque RSU représente le droit conditionnel de recevoir une action ordinaire lors de la levée des conditions. Après l'attribution, Abbott détient à titre bénéficiaire 350 438 actions ordinaires ; les 220 000 RSU seront acquises en six versements à partir du 23/11/2025 puis tous les six mois. Le Formulaire 4 a été signé le 15/08/2025 et mentionne Abbott en tant que Président et administrateur.

Der Insider von Co-Diagnostics, Richard David Abbott, erhielt am 13.08.2025 220.000 Restricted Stock Units (RSUs) im Rahmen des Long Term Incentive Plans 2015 des Emittenten. Jede RSU gewährt das bedingte Recht, bei Vesting eine Stammaktie zu erhalten. Nach der Zuteilung hält Abbott wirtschaftlich 350.438 Stammaktien; die 220.000 RSUs vesten in sechs Tranchen beginnend am 23.11.2025 und danach alle sechs Monate. Das Formular 4 wurde am 15.08.2025 unterschrieben und führt Abbott als President und Direktor auf.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Abbott Richard David

(Last) (First) (Middle)
C/O CO-DIAGNOSTICS, INC.
2401 S. FOOTHILL DRIVE, SUITE D

(Street)
SALT LAKE CITY UT 84109

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Co-Diagnostics, Inc. [ CODX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 08/13/2025 A 220,000 (2) (2) Common Stock 130,438 $0.00 350,438 D
Explanation of Responses:
1. Granted pursuant to Issuer's 2015 Long Term Incentive Plan, as amended. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting, one share of the Issuer's common stock.
2. RSU vests in 6 installments commencing on 11/23/25 and continues every 6 months thereafter.
Remarks:
Richard David Abbott 08/15/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.

FAQ

What did Co-Diagnostics (CODX) report on the Form 4 for Richard David Abbott?

The Form 4 reports a grant of 220,000 restricted stock units (RSUs) to Richard David Abbott on 08/13/2025.

How many shares does Abbott beneficially own after the reported transaction?

Following the reported transaction Abbott beneficially owns 350,438 shares of common stock.

What is the vesting schedule for the RSUs granted to Abbott?

The RSUs vest in 6 installments commencing on 11/23/2025 and continue every six months thereafter.

Under what plan were the RSUs granted?

The RSUs were granted pursuant to the Issuer's 2015 Long Term Incentive Plan, as amended.

Does the filing show a cash price for the RSUs or any exercise price?

No cash or exercise price is reported; the filing shows the RSUs convert to common stock with a reported price of $0.00 for the underlying shares.
Co-Diagnostics Inc

NASDAQ:CODX

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CODX Stock Data

8.87M
30.68M
9%
17.49%
2.5%
Medical Devices
Surgical & Medical Instruments & Apparatus
United States
SALT LAKE CITY