Insider Trading January 21, 2026

Serina Therapeutics’ Chief Scientific Officer Disposes of Shares Amid NYSE Compliance Concerns

Insider transaction occurs as Serina Therapeutics faces challenges meeting NYSE listing standards and undergoes board elections

By Ajmal Hussain SER
Serina Therapeutics’ Chief Scientific Officer Disposes of Shares Amid NYSE Compliance Concerns
SER

Randall Moreadith, Chief Scientific Officer of Serina Therapeutics, completed the sale of a portion of his shares and exercised stock options on January 20 and 21, 2026. This insider activity coincides with the company receiving a notice from the NYSE citing deficiencies related to stockholders' equity and recent financial performance. Additionally, shareholders elected two new directors to the board during the 2025 Annual Meeting.

Key Points

  • Randall Moreadith, Serina Therapeutics’ CSO, sold 4,000 shares at prices between $3.00 and $3.07, totaling $12,140, while also exercising options to acquire 4,000 shares at $0.06 each.
  • The company was informed by the NYSE that it fails to satisfy continued listing standards due to low stockholders' equity ($1.6 million as of September 30, 2025) and sustained losses over recent fiscal years.
  • During the 2025 Annual Meeting of Stockholders, Steve Ledger and Karen J. Wilson were elected to the company’s board of directors to serve until 2028.
  • These events have implications for Serina Therapeutics’ regulatory standing, stock valuation, and corporate governance, impacting stakeholders and the biotechnology sector.

Serina Therapeutics, Inc. (NASDAQ: SER) saw significant insider movement as Chief Scientific Officer Randall Moreadith executed a share sale totaling 4,000 common stock shares on January 20 and 21, 2026. The sale prices ranged between $3.00 and $3.07 per share, culminating in aggregate proceeds of $12,140.

Concurrently, Moreadith also exercised options to purchase an additional 4,000 shares at an exercise price of $0.06 each, amounting to a total outlay of $240. This dual transaction highlights a strategic repositioning of his holdings during this period.

In a related development, Serina Therapeutics received formal notification from the New York Stock Exchange (NYSE) indicating that it no longer meets the requisite criteria for continued listing. The NYSE American segment pinpointed the company's shortfall due to a stockholders' equity figure of $1.6 million as of the fiscal quarter ending September 30, 2025. Further concerns arise from the company's financial trajectory, marked by losses in three of the four most recent fiscal years ending December 31, 2024.

Separately, the company conducted its 2025 Annual Meeting of Stockholders during which investors voted to install two new members to the board of directors: Steve Ledger and Karen J. Wilson. Both will serve terms extending through the 2028 Annual Meeting or until their successors are duly appointed. Voting results were closely contested, with Ledger securing 4,165,885 votes in favor, and Wilson slightly ahead with 4,169,893 affirmative votes. Notably, each nominee also registered 2,681,141 broker non-votes.

These developments paint a complex picture for Serina Therapeutics as it navigates executive insider sales, regulatory compliance challenges, and governance transitions.

Risks

  • The notice from the NYSE regarding non-compliance with listing criteria introduces the risk of delisting, which could adversely affect Serina Therapeutics' market liquidity and investor confidence.
  • The company's recent financial performance, including losses in three of the last four fiscal years, presents ongoing operational and financial risks impacting shareholder value and access to capital.
  • Broker non-votes during the board election reflect a degree of shareholder uncertainty or disengagement, potentially influencing governance dynamics and strategic decision-making.

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