CODE KENNETH REAY bought BLGO
September 30, 2026 · Form 4 insider transaction
CODE KENNETH REAY bought 566,261 shares of BioLargo, Inc. at $0.08 per share, a transaction worth $45.3K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
The shares acquired are subject to a Lock-Up Agreement dated as of the issuance date whereby shares are locked-up and restricted from sale until the Issuer reports gross revenue of at least $40 million on a consolidated basis for any reported period (e.g, quarter or annual), or the Issuer's market capitalization exceeds $300 million, or there is a "change in control" in the Issuer.; Shares received from Issuer in exchange for a reduction in amounts owed by Issuer to Reporting Person for salary and unreimbursed business expenses (equal to the product of the number of shares acquired and the acquisition price per share).; Aggregate total shares includes 22,139,012 shares owned indirectly by Reporting Person through a wholly owned corporation.