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$AZTRJun 18, 2026, 5:35 PM ETAI processed4

Azitra CEO converts 500 Series A prefs into 4.06M common shares

AI Summary

AZTR filed SEC Form 4. Azitra President & CEO Francisco D. Salva reported that 500 shares of Series A Convertible Non‐Redeemable Preferred Stock automatically converted into 4,064,050 shares of common stock effective June 16, 2026, bringing his total beneficial ownership to 4,086,291 shares (which includes 22,241 incentive options exercisable within 60 days). The filing notes the Series A preferred were sold as part of a 'Security' (Series A preferred plus Series B and C warrants) to the reporting person at $1,000 per Security and converted automatically under the Certificate of Designations.

Positives

  • Reporting person purchased 500 Securities at $1,000.00 per Security (insider purchase).
  • Reporting person now beneficially owns 4,086,291 shares (includes 22,241 options exercisable within 60 days).

Negatives

  • Conversion issued 4,064,050 new common shares via conversion of Series A preferred (dilutive) effective 2026-06-16.