Paul Goode - 14 Jun 2024 Form 4 Insider Report for Glucotrack, Inc. (GCTK)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
28 Mar 2025, 21:43:16 UTC
Prior SEC filing
24 Apr 2024
Next SEC filing
03 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Nelson Mullins Riley & Scarborough LLP, Attorney-in-Fact

Key filing fact

Paul Goode filed Form 4 for Glucotrack, Inc. (GCTK) on 28 Mar 2025.

Key facts

  • This page summarizes Paul Goode's Form 4 filing for Glucotrack, Inc. (GCTK).
  • 10 reported transactions and 7 derivative rows are listed below.
  • Accepted by SEC: 28 Mar 2025, 21:43.

Change

  • Previous filing in this sequence was filed on 24 Apr 2024.
  • Current net transaction value: +$10,004.

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

Reported non-derivative transactions

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

GCTK transaction

Common Stock, par value $0.001 per share

Conversion of derivative security

Transaction value
$24,835
Shares
+796
Change %
+63%
Price
$31.20
Shares after
2,054
Date
14 Nov 2024
Ownership
Direct
Footnotes
F5
GCTK transaction

Common Stock, par value $0.001 per share

Other

Transaction value
Shares
+1,500
Change %
+73%
Price
Shares after
3,554
Date
05 Feb 2025
Ownership
Direct
Footnotes
F8
GCTK transaction

Common Stock, par value $0.001 per share

Exercise of in-the-money or at-the-money derivative security

Transaction value
$0
Shares
+15,435
Change %
+434%
Price
$0.000000
Shares after
18,989
Date
12 Mar 2025
Ownership
Direct
Footnotes
F7

Reported derivative securities

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

GCTK transaction Derivative

Stock option (right to buy)

Award

Transaction value
$0
Shares
+3,277
Change %
Price
$0.000000
Shares after
3,277
Date
14 Jun 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.001 per share
Underlying amount
3,277
Exercise price
$49.00
Footnotes
F1
GCTK transaction Derivative

Warrants to Purchase Common Stock

Purchase

Transaction value
Shares
+2,100
Change %
Price
Shares after
2,100
Date
01 Jul 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.001 per share
Underlying amount
2,100
Exercise price
$99.00
Footnotes
F2
GCTK transaction Derivative

Convertible Promissory Note

Purchase

Transaction value
$10,000
Shares
Change %
Price
Shares after
$10,000
Date
18 Jul 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.001 per share
Underlying amount
321
Exercise price
$31.20
Footnotes
F3, F4
GCTK transaction Derivative

Convertible Promissory Note

Conversion of derivative security

Transaction value
$24,831
Shares
Change %
Price
Shares after
$0
Date
14 Nov 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.001 per share
Underlying amount
796
Exercise price
$31.20
Footnotes
F5
GCTK transaction Derivative

Series A Common Warrant

Award

Transaction value
Shares
+796
Change %
Price
Shares after
796
Date
14 Nov 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.001 per share
Underlying amount
796
Exercise price
$5.60
Footnotes
F6
GCTK transaction Derivative

Series B Common Warrant

Award

Transaction value
Shares
+796
Change %
Price
Shares after
796
Date
14 Nov 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.001 per share
Underlying amount
15,435
Exercise price
$5.60
Footnotes
F6
GCTK transaction Derivative

Series B Common Warrant

Exercise of in-the-money or at-the-money derivative security

Transaction value
$0
Shares
+796
Change %
Price
$0.000000
Shares after
0
Date
12 Mar 2025
Ownership
Direct
Underlying class
Common Stock, par value $0.001 per share
Underlying amount
15,435
Exercise price
Footnotes
F6, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

This stock option award is 100% vested.

Footnote F2

On July 1, 2025, the reporting person purchased a promissory note in the principal amount of $14,000 and an accompanying warrant to purchase shares of common stock, par value $0.001 per share (the "Common Stock") at an exercise price of $99.00 per share.

Footnote F3

On July 18, 2024, the reporting person purchased a convertible promissory note in the principal amount of $10,000 (the "Note"). The Note bears simple interest at the rate of eight percent (8%) per annum and is due and payable in cash on the earlier of: (a) the twelve (12) month anniversary of Note, or (b) the date of closing of a Qualified Financing (defined below) (the "Maturity Date").

Footnote F4

If not sooner repaid, all outstanding principal and accrued but unpaid interest on the Note (the "Note Balance"), as of the close of business on the day immediately preceding the date of the closing of the next issuance and sale of capital stock of the Company, in a single transaction or series of related transactions, to investors resulting in gross proceeds to the Company of at least $500,000 (excluding indebtedness converted in such financing) (a "Qualified Financing"), will automatically be converted into that number of shares of equity securities of the Company sold in the Qualified Financing equal to the number of shares calculated by dividing (X) the Note Balance by (Y) an amount equal to the price per share or other unit of equity securities issued in such Qualified Financing, and otherwise on the same terms as the security issued in the Qualified Financing, provided that the conversion price per share shall not be lower than $31.20 (the "Floor Price").

Footnote F5

On November 14, 2024, the issuer completed a Qualified Financing and all outstanding principal and accrued but unpaid interest on the Note converted into Common Stock at the Floor Price.

Footnote F6

On November 14, 2024, in connection with the conversion of the Note, the reporting person was issued Series A common warrants (the "Series A Common Warrants") to purchase Common Stock and Series B common warrants (the "Series B Common Warrants") to purchase Common Stock, each with an exercise price of $5.60 per share; provided that, at any time while the Series B Common Warrants are outstanding, the holder could exercise the Series B Common Warrants on a cashless basis pursuant to an alternate cashless exercise option, pursuant to which the holder of the Series B Common Warrant had the right to receive an aggregate number of shares of Common Stock equal to the product of (i) the aggregate number of shares of Common Stock that would be issuable upon a cash exercise rather than a cashless exercise of the Series B Common Warrant and (ii) 3.0 (the "Alternative Cashless Exercise").

Footnote F7

On March 12, 2025, the reporting person effected an Alternative Cashless Exercise of the Series B Common Warrants and exercised the warrants on a cashless basis via a warrant exchange for 15,435 shares of Common Stock.

Footnote F8

On October 7, 2022, the reporting person entered into an into Intellectual Property Purchase Agreement (the "IP Purchase Agreement") with the issuer, pursuant to which the reporting person is entitled to certain specified milestone payments, payable in Common Stock, as set forth in the IP Purchase Agreement. Upon the achievement of the first and second milestones contemplated by the IP Purchase Agreement, the reporting person was issued 1,500 shares of Common Stock, pursuant to the terms of the IP Purchase Agreement.

SEC remarks

Note: On May 17, 2024, a 1-for-5 reverse stock split of the Issuer's common stock, par value $0.001 per share (the "Common Stock") was implemented (the "2024 Reverse Split"). On February 25, 2025, a 1-for-20 reverse stock split of the Common Stock was implemented (the "2025 Reverse Split," and together with the 2024 Reverse Split, the "Reverse Stock Splits"). All figures presented in this Form 4 reflect the Reverse Stock Splits.

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