[Form 4] Daxor Corporation Insider Trading Activity
Daxor Corporation (DXR) filed a Form 4 on 26-Jun-2025 disclosing that director Caleb DesRosiers received 2,500 non-qualified stock options on 24-Jun-2025. The options carry an exercise price of $9.29 and expire on 24-Jun-2030. Vesting occurs in three installments: 833 options on 24-Jun-2025, 833 on 24-Jun-2026 and 834 on 24-Jun-2027. Following the grant, DesRosiers beneficially owns 2,500 derivative securities directly.
The award is contingent on SEC approval of an amendment to the Daxor Corporation 2020 Incentive Compensation Plan. No common-stock purchases or sales were reported, making this a routine compensation-related disclosure rather than a signal of insider sentiment.
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Insights
TL;DR: Small routine option grant to director; neutral effect on DXR valuation and insider sentiment.
The filing reveals a straightforward compensation grant: 2,500 options at $9.29, expiring in 2030 and vesting over three years. Because no common shares were bought or sold, the transaction does not change insider economic exposure today. The volume is modest relative to DXR’s public float, and the exercise price aligns with contemporaneous market levels, limiting immediate dilution concerns. Conditional SEC approval of the plan amendment introduces a procedural step but is unlikely to derail the grant. Overall, the disclosure appears neutral for investors.
TL;DR: Governance-compliant option grant; contingent on plan amendment; neutral impact.
Granting stock options to non-employee directors is a standard governance practice to align interests with shareholders. The three-year vesting schedule encourages medium-term oversight, while the term through 2030 is reasonable. The contingency regarding SEC approval reflects procedural caution as the company amends its 2020 Incentive Compensation Plan. Provided approval is obtained, the grant fits typical board-compensation norms and carries no red flags.