Hug, Gerard Francis bought AIAD
January 8, 2025 · Form 4 insider transaction
Hug, Gerard Francis bought 125,000,000 shares of AIAD at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Acquired (buy-side)
Shares
125,000,000
Price
$0.00
Total value
N/A
InsiderHug, Gerard Francis
Role—
CompanyAIAD
SecurityStock Options (right to buy)
Transaction codeA: Grant or award
Transaction dateJanuary 8, 2025
Filing dateJanuary 10, 2025
Shares owned after125,000,000
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
The two reported transactions involved an amendment of an outstanding option to extend the expiration date, resulting in the cancellation of the "old" option and the grant of a replacement option.; These options became immediately exercisable on the date granted.