Summary by Moomoo AI
Alexander Epshinsky, the Chief Financial Officer of Allarity Therapeutics, Inc. (ALLR), has filed an Initial Statement of Beneficial Ownership of Securities with the SEC, as per a Form 3 document dated 09/12/2024. The filing indicates that Epshinsky beneficially owns 55,555 common stock shares, which were granted as employment inducement awards in line with his appointment as CFO. These restricted stock units (RSUs) are set to vest in equal installments over three years, contingent upon his continued employment with the company. The inducement grant complies with Nasdaq listing rule 5635(c)(4), and the filing was completed on 09/18/2024.