HERBST SETH exercised options at DYADIC INTERNATIONAL INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 1/6/2026ACC: 0001493152-26-000657
+89.89K
Net shares
Net buyer
$0.00
Total acquired
0
Open market trades
0B · 0S
4
Total transactions
111.45K acquired · 21.55K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+21.55K
Price / share
—
Trade value
—
% of position
11.9%
1/2/2026
180.76K→202.31K
Total
Net shares
+21.55K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 1/2/2026 | M · Option Exercise | +21.55K | — | — | 11.9% | 180.76K | 202.31K |
| Total | +21.55K | $0.00 | ||||||
Derivative Transactions3
Restricted Stock Unit
Direct
Converts to
Common Stock
21.55K shares
Shares
−21.55K
Strike price
Held after
0.00
Exercisable
—
1/2/2026
Stock Option
Direct
Converts to
Common Stock
50K shares
Shares
+50K
Strike price
0.94
Held after
50K
Exercisable
—
1/2/2026
Restricted Stock Unit
Direct
Converts to
Common Stock
39.89K shares
Shares
+39.89K
Strike price
Held after
39.89K
Exercisable
—
1/2/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Stock21.55K shares | 1/2/2026 | M · Option Exercise | −21.55K | — | 0.00 | |
| Stock Option Direct | Common Stock50K shares | 1/2/2026 | A · Award | +50K | 0.94 | — | 50K |
| Restricted Stock Unit Direct | Common Stock39.89K shares | 1/2/2026 | A · Award | +39.89K | — | 39.89K |