Francisco Trust Under Agreement Dated February 28, 1996 Buys $344K in Derivatives of Dyadic International Inc (DYAI) — SEC Form 4, Jul 06, 2026
Derivative Purchase · SEC Form 4
−$343,763
Derivative
MIXED
Equity position changed by -4.9%
Reporting Owner
TXN 2025-12-23
·
FILED 2026-07-06
Equity Position
3.38M sh
3,548,528 → 3,375,664
Equity Change
-4.9%
shares held after vs before
Filing Lag
132 business days
late vs 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Reporting Owner
| Name | Relationship |
|---|---|
| Francisco Trust Under Agreement Dated February 28, 1996 CIK 0001328329 |
10% Owner
|
Francisco Trust Under Agreement Dated February 28, 1996 at Dyadic International Inc
Full insider history
Bought (12 mo)
—
Sold (12 mo)
$468,721
More from this insider at Dyadic International Inc
| 2026-07-24 | Sell | -$124,958 | View |
| 2021-08-16 | Sell | -$874,949 | View |
Non-Derivative Securities Transactions
| Title | Date | Type | Shares | Price | Net Total | Post-Txn | Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | 2024-06-06 | S - Sale | 26,340 D | $2.43 | -$63,911 | 3,522,188 | Direct |
| Common Stock | 2024-12-20 | S - Sale | 25,281 D | $1.87 | -$47,339 | 3,496,907 | Direct |
| Common Stock | 2024-12-23 | S - Sale | 41,143 D | $1.84 | -$75,567 | 3,455,764 | Direct |
| Common Stock | 2024-12-24 | S - Sale | 5,100 D | $1.80 | -$9,192 | 3,450,664 | Direct |
| Common Stock | 2024-12-30 | S - Sale | 40,000 D | $1.98 | -$79,072 | 3,410,664 | Direct |
| Common Stock | 2025-01-06 | S - Sale | 20,000 D | $1.92 | -$38,458 | 3,390,664 | Direct |
| Common Stock | 2025-01-07 | S - Sale | 15,000 D | $2.01 | -$30,224 | 3,375,664 | Direct |
Derivative Securities Transactions
| Title | Strike | Date | Type | Shares | Price | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1F1F1F2 | $1.79 | 2024-03-08 | P - Purchase | 558,659 A | $0.00 | 2027-03-08 | 558,659 Common Stock | Direct |
| Common StockF3F4F4F4F4 | $1.05 | 2025-12-23 | J - Other | 238,095 A | $0.00 | 2027-12-31 | 238,095 Common Stock | Direct |
| Common StockF2F3F3F2F3F3 | $1.40 | 2024-10-04 | J - Other | 155,627 A | $0.00 | 2027-03-08 | 155,627 Common Stock | Direct |
Footnotes (4)
- F1
- On March 8, 2024, the issuer issued an 8.0% senior secured convertible promissory note (the "Note") to the reporting person. The Note was convertible at $1.79 per share, into a total of 558,659 shares of the issuer's common stock, at any time prior to March 8, 2027. Show more
- F2
- The initial expiration date was March 8, 2027. The Note was subsequently amended such that, as of the date hereof, the expiration date is December 31, 2027. Show more
- F3
- On October 4, 2024, the Note was amended to reduce the conversion price to $1.40 per share, such that the Note, as amended, was convertible into an additional 155,627 shares of the issuer's common stock, for total of 714,286 shares of the issuer's common stock. Show more
- F4
- On December 23, 2025, the Note, as amended, was amended again to reduce the conversion price to $1.05 per share, such that the Note, as amended, was convertible into an additional 238,095 shares of the issuer's common stock, for a total of 952,381 shares of the issuer's common stock. Show more
Related filings at Dyadic International Inc
Institutional Holders
13F holders · Jun 30, 2026
39
institutional managers reporting a position
Largest by reported value
- Vanguard Capital Management Llc $832K
- Chapin Davis, Inc. $796K
- Apis Capital Advisors, Llc $721K
5%+ Holders · 13D/G
3 filers
Other insiders at Dyadic International Inc
GET /v1/forms/4/0001493152-26-032062
API docs
View Original SEC Filing