secwatch.observer — SEC 8-K summary
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Issuer:     NutriBand Inc. (NTRB)
CIK:        0001676047
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0001213900-24-027338
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nutriband grants stock options to CEO, President, CFO, COO, CSO and amends stock plan
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- Item 3.02: Unregistered sales of options to purchase 97,500 shares each to CEO Gareth Sheridan and President Serguei Melnik at $2.61/share.
- Options also granted to CFO Gerald Goodman (75,000 shares), COO Alan Smith (70,000), CSO Jeff Patrick (25,000), and others at $2.37/share.
- Item 8.01: Board adopted amendment to 2021 Employee Stock Option Plan, increasing shares from 875,000 to 1,400,000.
- Amendment to be submitted to stockholders at 2025 Annual Meeting; if not approved within one year, void and options issued pending approval null.
- Item 3.02 also includes a warrant to purchase 15,000 shares to counsel Michael Paige at $2.37/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1676047/000121390024027338/0001213900-24-027338-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1676047/000121390024027338/ea0202848-8k_nutri.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-027338

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