Sukhtian Ghiath M. - 28 May 2026 Form 4 Insider Report for Outlook Therapeutics, Inc. (OTLK)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
01 Jun 2026, 21:30:12 UTC
Prior SEC filing
28 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ghiath M. Sukhtian, By: Lawrence Kenyon, Attorney-in-Fact

Key filing fact

Sukhtian Ghiath M. filed Form 4 for Outlook Therapeutics, Inc. (OTLK) on 01 Jun 2026.

Key facts

  • This page summarizes Sukhtian Ghiath M.'s Form 4 filing for Outlook Therapeutics, Inc. (OTLK).
  • 7 reported transactions and 12 derivative rows are listed below.
  • Accepted by SEC: 01 Jun 2026, 21:30.

Change

  • Previous filing in this sequence was filed on 28 May 2025.
  • Current net transaction value: +$5,000,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0001717441 Primary reporting owner

Sukhtian Ghiath M.

Relationship
Director, 10%+ Owner
Address
7TH CIRCLE, ZAHRAN ST., ZAHRAN PLAZA BUILDING, 4TH FLOOR, AMMAN, JORDAN
Signature
/s/ Ghiath M. Sukhtian, By: Lawrence Kenyon, Attorney-in-Fact
Signature date
01 Jun 2026
CIK 0001804598

GMS Ventures & Investments

Relationship
Director, 10%+ Owner
Address
C/O INTERTRUST CORP. SVCS. (CAYMAN) LTD., 190 ELGIN AVENUE, GEORGE TOWN, CAYMAN ISLANDS
Signature
/s/ GMS Ventures and Investments, By: Lawrence Kenyon, Attorney-in-Fact
Signature date
01 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OTLK transaction

Common Stock

Purchase

Transaction value
$5,000,000
Shares
+8,539,709
Change %
+63%
Price
$0.5855
Shares after
22,092,068
Date
28 May 2026
Ownership
See footnote
Footnotes
F1, F2, F3
OTLK transaction

Common Stock

Purchase

Transaction value
$5,000,000
Shares
+8,539,709
Change %
+63%
Price
$0.5855
Shares after
22,092,068
Date
28 May 2026
Ownership
See footnote
Footnotes
F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OTLK transaction Derivative

Warrants (right to buy)

Expiration (or cancellation) of long derivative position with value received

Transaction value
Shares
-3,458,571
Change %
-100%
Price
Shares after
0
Date
28 May 2026
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
3,458,571
Exercise price
$2.26
Footnotes
F2, F3, F4
OTLK transaction Derivative

Warrants (right to buy)

Expiration (or cancellation) of long derivative position with value received

Transaction value
Shares
-3,458,571
Change %
-100%
Price
Shares after
0
Date
28 May 2026
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
3,458,571
Exercise price
$2.26
Footnotes
F2, F3, F4
OTLK transaction Derivative

Warrants (right to buy)

Purchase

Transaction value
Shares
+3,458,571
Change %
Price
Shares after
3,458,571
Date
28 May 2026
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
3,458,571
Exercise price
$0.5855
Footnotes
F2, F3, F4
OTLK transaction Derivative

Warrants (right to buy)

Purchase

Transaction value
Shares
+3,458,571
Change %
Price
Shares after
3,458,571
Date
28 May 2026
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
3,458,571
Exercise price
$0.5855
Footnotes
F2, F3, F4
OTLK transaction Derivative

Warrants (right to buy)

Expiration (or cancellation) of long derivative position with value received

Transaction value
Shares
-3,458,571
Change %
-100%
Price
Shares after
0
Date
28 May 2026
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
3,458,571
Exercise price
$2.26
Footnotes
F2, F3, F5
OTLK transaction Derivative

Warrants (right to buy)

Expiration (or cancellation) of long derivative position with value received

Transaction value
Shares
-3,458,571
Change %
-100%
Price
Shares after
0
Date
28 May 2026
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
3,458,571
Exercise price
$2.26
Footnotes
F2, F3, F5
OTLK transaction Derivative

Warrants (right to buy)

Purchase

Transaction value
Shares
+3,458,571
Change %
Price
Shares after
3,458,571
Date
28 May 2026
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
3,458,571
Exercise price
$0.5855
Footnotes
F2, F3, F5
OTLK transaction Derivative

Warrants (right to buy)

Purchase

Transaction value
Shares
+3,458,571
Change %
Price
Shares after
3,458,571
Date
28 May 2026
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
3,458,571
Exercise price
$0.5855
Footnotes
F2, F3, F5
OTLK transaction Derivative

Warrants (right to buy)

Expiration (or cancellation) of long derivative position with value received

Transaction value
Shares
-8,571,428
Change %
-100%
Price
Shares after
0
Date
28 May 2026
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
8,571,428
Exercise price
$1.40
Footnotes
F2, F3, F6
OTLK transaction Derivative

Warrants (right to buy)

Expiration (or cancellation) of long derivative position with value received

Transaction value
Shares
-8,571,428
Change %
-100%
Price
Shares after
0
Date
28 May 2026
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
8,571,428
Exercise price
$1.40
Footnotes
F2, F3, F6
OTLK transaction Derivative

Warrants (right to buy)

Purchase

Transaction value
Shares
+8,571,428
Change %
Price
Shares after
8,571,428
Date
28 May 2026
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
8,571,428
Exercise price
$0.5855
Footnotes
F2, F3, F6
OTLK transaction Derivative

Warrants (right to buy)

Purchase

Transaction value
Shares
+8,571,428
Change %
Price
Shares after
8,571,428
Date
28 May 2026
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
8,571,428
Exercise price
$0.5855
Footnotes
F2, F3, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

On May 28, 2026, GMS Ventures and Investments ("GMS Ventures") entered into a securities purchase agreement with Outlook Therapeutics, Inc. (the "Issuer") pursuant to which the Issuer agreed to issue and sell 8,539,709 shares of the Issuer's common stock at $0.5855 per share in a registered direct offering for a total purchase price of approximately $5.0 million.

Footnote F2

These securities are held of record by GMS Ventures. Ghiath M. Sukhtian ("Ghiath Sukhtian"), a natural person, is the holder of a controlling interest in GMS Ventures. GMS Ventures has designated two representatives to serve on the Issuer's board of directors. Therefore, each of GMS Ventures and Ghiath Sukhtian may be deemed a director by deputization.

Footnote F3

By virtue of the relationships described above in Footnote 2, Ghiath Sukhtian may be deemed to have voting and investment power with respect to the securities held by GMS Ventures noted above and as a result may be deemed to beneficially own such securities for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Reporting Persons disclaim beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act, except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons are the beneficial owners of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.

Footnote F4

The transactions reported in Table II above involved the amendment of the outstanding Tranche A warrants issued on January 16, 2025 to reduce the exercise price from $2.26 per share to $0.5855 per share. The amendment is reported above as the cancellation of the old warrant and the acquisition of a new one.

Footnote F5

The transactions reported in Table II above involved the amendment of the outstanding Tranche B warrants issued on January 16, 2025 to reduce the exercise price from $2.26 per share to $0.5855 per share. The amendment is reported above as the cancellation of the old warrant and the acquisition of a new one.

Footnote F6

The transactions reported in Table II above involved the amendment of the outstanding warrants issued on May 27, 2025 to reduce the exercise price from $1.40 per share to $0.5855 per share. The amendment is reported above as the cancellation of the old warrant and the acquisition of a new one.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .