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[Form 4/A] Inhibikase Therapeutics, Inc. Amended Insider Trading Activity

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

Form 4/A overview: Inhibikase Therapeutics (IKT) filed an amended Form 4 for President & Head of R&D Christopher Cabell. The filing corrects the exercise price to $2.97 on a previously reported stock-option grant covering 1,100,705 common shares originally awarded on Feb 21 2025 and expiring on Feb 21 2035. No other terms change: the options vest in three substantially equal tranches on the 2nd, 3rd and 4th anniversaries of the grant date, contingent on continued service. The amendment does not involve any share sales or purchases and therefore has no immediate cash impact on the company. It simply aligns the public record with the correct contractual terms, maintaining disclosure accuracy and avoiding potential misinterpretation of executive compensation.

Panoramica del Modulo 4/A: Inhibikase Therapeutics (IKT) ha presentato un Modulo 4 modificato per il Presidente e Responsabile R&S Christopher Cabell. La modifica corregge il prezzo di esercizio a 2,97$ su una concessione di opzioni su azioni pari a 1.100.705 azioni ordinarie precedentemente segnalata, originariamente assegnata il 21 febbraio 2025 e con scadenza il 21 febbraio 2035. Nessun altro termine cambia: le opzioni maturano in tre tranche sostanzialmente uguali al 2°, 3° e 4° anniversario della data di concessione, condizionate alla continuazione del servizio. L'emendamento non comporta alcuna vendita o acquisto di azioni e pertanto non ha alcun impatto immediato in termini di liquidità per la società. Serve semplicemente ad allineare il registro pubblico ai termini contrattuali corretti, garantendo l'accuratezza della divulgazione e prevenendo possibili fraintendimenti sulla retribuzione degli executive.

Resumen del Formulario 4/A: Inhibikase Therapeutics (IKT) presentó un Formulario 4 enmendado para el Presidente y Jefe de I+D, Christopher Cabell. La presentación corrige el precio de ejercicio a 2,97$ en una concesión de opciones sobre acciones que cubre 1.100.705 acciones ordinarias reportada previamente, otorgada originalmente el 21 de febrero de 2025 y con vencimiento el 21 de febrero de 2035. No hay cambios en otros términos: las opciones se consolidan en tres tramos sustancialmente iguales en el 2°, 3° y 4° aniversario de la fecha de concesión, condicionadas al servicio continuo. La enmienda no implica ninguna venta o compra de acciones y por lo tanto no tiene impacto inmediato en efectivo para la empresa. Simplemente alinea el registro público con los términos contractuales correctos, manteniendo la precisión en la divulgación y evitando posibles malentendidos sobre la compensación ejecutiva.

Form 4/A 개요: Inhibikase Therapeutics(IKT)� 사장 � 연구개발 책임� 크리스토� 캐벨� 위한 수정� Form 4� 제출했습니다. 이번 제출은 행사가격을 2.97달러� 수정� 것으�, 이전� 보고� 1,100,705� 보통주에 대� 스톡옵션 부�� 관� 내용이며, 원래 2025� 2� 21일에 부여되� 2035� 2� 21일에 만료됩니�. 다른 조건은 변경되지 않았습니�: 옵션은 부여일로부� 2, 3, 4주년 각각� 거의 동일� � 부분으� 나누� 베스팅되�, 계속 근무 조건� 부과됩니다. � 수정은 주식 매매와 관련이 없으므� 회사� 즉각적인 현금 영향� 없습니다. 단순� 공개 기록� 정확� 계약 조건� 일치시키�, 공시� 정확성을 유지하고 경영� 보상� 대� 오해� 방지합니�.

Présentation du formulaire 4/A : Inhibikase Therapeutics (IKT) a déposé un formulaire 4 modifié pour le Président et Directeur de la R&D Christopher Cabell. Le dépôt corrige le prix d'exercice à 2,97 $ concernant une attribution d'options sur actions portant sur 1 100 705 actions ordinaires précédemment signalée, initialement accordée le 21 février 2025 et expirant le 21 février 2035. Aucun autre terme ne change : les options sont acquises en trois tranches sensiblement égales aux 2e, 3e et 4e anniversaires de la date d'attribution, sous condition de service continu. L'amendement n'implique aucune vente ou achat d'actions et n'a donc aucun impact immédiat en trésorerie pour la société. Il sert simplement à aligner le registre public avec les termes contractuels corrects, assurant la précision de la divulgation et évitant toute interprétation erronée de la rémunération des dirigeants.

Überblick Form 4/A: Inhibikase Therapeutics (IKT) hat ein geändertes Form 4 für Präsident und Leiter der F&E Christopher Cabell eingereicht. Die Einreichung korrigiert den Ausübungspreis auf 2,97$ für eine zuvor gemeldete Aktienoptionszuteilung über 1.100.705 Stammaktien, die ursprünglich am 21. Februar 2025 gewährt wurde und am 21. Februar 2035 verfällt. Keine weiteren Bedingungen ändern sich: Die Optionen werden in drei annähernd gleichen Tranchen am 2., 3. und 4. Jahrestag des Gewährungsdatums fällig, vorbehaltlich fortgesetzter Dienstzeit. Die Änderung beinhaltet keinen Verkauf oder Kauf von Aktien und hat daher keinen unmittelbaren Liquiditätseffekt für das Unternehmen. Sie dient lediglich dazu, den öffentlichen Eintrag mit den korrekten vertraglichen Bedingungen in Einklang zu bringen, um die Genauigkeit der Offenlegung zu gewährleisten und potenzielle Missverständnisse bezüglich der Vergütung der Führungskräfte zu vermeiden.

Positive
  • None.
Negative
  • None.

Insights

TL;DR � Administrative correction; neutral impact.

The amendment fixes an erroneous strike price on Mr. Cabell’s large option grant. Because no new equity is issued and no transaction occurred, dilution and cash flow remain unchanged. Accurate disclosure is important, but the correction itself neither strengthens nor weakens Inhibikase’s governance profile. Investors should simply note the correct $2.97 strike and standard four-year vesting schedule when modeling potential future dilution.

Panoramica del Modulo 4/A: Inhibikase Therapeutics (IKT) ha presentato un Modulo 4 modificato per il Presidente e Responsabile R&S Christopher Cabell. La modifica corregge il prezzo di esercizio a 2,97$ su una concessione di opzioni su azioni pari a 1.100.705 azioni ordinarie precedentemente segnalata, originariamente assegnata il 21 febbraio 2025 e con scadenza il 21 febbraio 2035. Nessun altro termine cambia: le opzioni maturano in tre tranche sostanzialmente uguali al 2°, 3° e 4° anniversario della data di concessione, condizionate alla continuazione del servizio. L'emendamento non comporta alcuna vendita o acquisto di azioni e pertanto non ha alcun impatto immediato in termini di liquidità per la società. Serve semplicemente ad allineare il registro pubblico ai termini contrattuali corretti, garantendo l'accuratezza della divulgazione e prevenendo possibili fraintendimenti sulla retribuzione degli executive.

Resumen del Formulario 4/A: Inhibikase Therapeutics (IKT) presentó un Formulario 4 enmendado para el Presidente y Jefe de I+D, Christopher Cabell. La presentación corrige el precio de ejercicio a 2,97$ en una concesión de opciones sobre acciones que cubre 1.100.705 acciones ordinarias reportada previamente, otorgada originalmente el 21 de febrero de 2025 y con vencimiento el 21 de febrero de 2035. No hay cambios en otros términos: las opciones se consolidan en tres tramos sustancialmente iguales en el 2°, 3° y 4° aniversario de la fecha de concesión, condicionadas al servicio continuo. La enmienda no implica ninguna venta o compra de acciones y por lo tanto no tiene impacto inmediato en efectivo para la empresa. Simplemente alinea el registro público con los términos contractuales correctos, manteniendo la precisión en la divulgación y evitando posibles malentendidos sobre la compensación ejecutiva.

Form 4/A 개요: Inhibikase Therapeutics(IKT)� 사장 � 연구개발 책임� 크리스토� 캐벨� 위한 수정� Form 4� 제출했습니다. 이번 제출은 행사가격을 2.97달러� 수정� 것으�, 이전� 보고� 1,100,705� 보통주에 대� 스톡옵션 부�� 관� 내용이며, 원래 2025� 2� 21일에 부여되� 2035� 2� 21일에 만료됩니�. 다른 조건은 변경되지 않았습니�: 옵션은 부여일로부� 2, 3, 4주년 각각� 거의 동일� � 부분으� 나누� 베스팅되�, 계속 근무 조건� 부과됩니다. � 수정은 주식 매매와 관련이 없으므� 회사� 즉각적인 현금 영향� 없습니다. 단순� 공개 기록� 정확� 계약 조건� 일치시키�, 공시� 정확성을 유지하고 경영� 보상� 대� 오해� 방지합니�.

Présentation du formulaire 4/A : Inhibikase Therapeutics (IKT) a déposé un formulaire 4 modifié pour le Président et Directeur de la R&D Christopher Cabell. Le dépôt corrige le prix d'exercice à 2,97 $ concernant une attribution d'options sur actions portant sur 1 100 705 actions ordinaires précédemment signalée, initialement accordée le 21 février 2025 et expirant le 21 février 2035. Aucun autre terme ne change : les options sont acquises en trois tranches sensiblement égales aux 2e, 3e et 4e anniversaires de la date d'attribution, sous condition de service continu. L'amendement n'implique aucune vente ou achat d'actions et n'a donc aucun impact immédiat en trésorerie pour la société. Il sert simplement à aligner le registre public avec les termes contractuels corrects, assurant la précision de la divulgation et évitant toute interprétation erronée de la rémunération des dirigeants.

Überblick Form 4/A: Inhibikase Therapeutics (IKT) hat ein geändertes Form 4 für Präsident und Leiter der F&E Christopher Cabell eingereicht. Die Einreichung korrigiert den Ausübungspreis auf 2,97$ für eine zuvor gemeldete Aktienoptionszuteilung über 1.100.705 Stammaktien, die ursprünglich am 21. Februar 2025 gewährt wurde und am 21. Februar 2035 verfällt. Keine weiteren Bedingungen ändern sich: Die Optionen werden in drei annähernd gleichen Tranchen am 2., 3. und 4. Jahrestag des Gewährungsdatums fällig, vorbehaltlich fortgesetzter Dienstzeit. Die Änderung beinhaltet keinen Verkauf oder Kauf von Aktien und hat daher keinen unmittelbaren Liquiditätseffekt für das Unternehmen. Sie dient lediglich dazu, den öffentlichen Eintrag mit den korrekten vertraglichen Bedingungen in Einklang zu bringen, um die Genauigkeit der Offenlegung zu gewährleisten und potenzielle Missverständnisse bezüglich der Vergütung der Führungskräfte zu vermeiden.

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*
Cabell Christopher

(Last) (First) (Middle)
1000 N. WEST STREET, SUITE 1200

(Street)
WILMINGTON DE 19801

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Inhibikase Therapeutics, Inc. [ IKT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President & Head of R&D
3. Date of Earliest Transaction (Month/Day/Year)
02/21/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/25/2025
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
Stock Option (Right to Buy) $2.97(1) 02/21/2025 A 1,100,705 (2) 02/21/2035 Common Stock 1,100,705 $0 1,100,705 D
Explanation of Responses:
1. The Reporting Person's Form 4 filed with the SEC on February 25, 2025 inadvertently reported an incorrect exercise price with respect to the stock option award originally granted on February 21, 2025. This amendment is being filed solely to correct the exercise price.
2. The options will vest in three substantially equal installments on the second, third and fourth anniversaries of February 21, 2025, subject to the Reporting Person's continued services through such date.
/s/ Mark Iwicki, attorney-in-fact 07/02/2025
** 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

Why did Inhibikase (IKT) file an amended Form 4/A on July 2 2025?

The company corrected the exercise price of a stock-option grant to $2.97 for President Christopher Cabell.

How many options were affected by the correction in the IKT Form 4/A?

A total of 1,100,705 options were involved, all granted on February 21 2025.

What is the new exercise price for Christopher Cabell’s IKT options?

The amended exercise price is $2.97 per share.

When do the corrected IKT options vest?

They vest in three equal installments on the 2nd, 3rd and 4th anniversaries of February 21 2025.

Does the Form 4/A indicate any immediate share sales or purchases by the insider?

No. The filing only corrects the strike price; it reports no share sales or purchases.
Inhibikase Therapeutics Inc

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Biotechnology
Biological Products, (no Disgnostic Substances)
United States
ATLANTA