Nexalin Technology CEO Mark White Receives 1 Million Stock Options

2025-12-23SEC Filing 4 (0001829126-25-010255)

This Form 4 filing discloses that Mark White, CEO and Director of Nexalin Technology, Inc. (NXL), was granted 1 million stock options on December 19, 2025. The options have an exercise price of $0.83 per share and expire on December 19, 2030. The grant was made under the company's 2023 Equity Incentive Plan, subject to shareholder approval to increase the plan limit under NASDAQ rules. Following this transaction, White holds 2,387,024 derivative securities in the form of stock options. The filing represents a significant equity incentive award to the company's chief executive officer, which aligns his interests with shareholders and provides long-term compensation tied to the company's stock performance.

Ticker mentioned:NXL