Insider Trading January 23, 2026

Serina Therapeutics' Chief Scientific Officer Executes Stock Sale Amid Equity Concerns

CSO Randall Moreadith's share sale and option exercise occur as company faces NYSE listing challenges and financial pressures

By Jordan Park SER
Serina Therapeutics' Chief Scientific Officer Executes Stock Sale Amid Equity Concerns
SER

On January 22, 2026, Serina Therapeutics’ Chief Scientific Officer, Randall Moreadith, disposed of 2,500 shares of common stock at $2.95 per share, totaling $7,375. This sale came despite the stock trading lower at $2.72 and a 46.47% decline over six months. Concurrently, Moreadith exercised options for 2,500 shares at a $0.06 exercise price. Serina, a micro-cap biopharmaceutical firm valued near $29 million, has more cash than debt but is experiencing rapid cash burn. Additionally, the NYSE signaled concern over Serina’s minimal stockholders’ equity and recent fiscal losses. The firm also recently elected two new directors to its board, highlighting ongoing efforts in corporate governance amid financial stress.

Key Points

  • Chief Scientific Officer Randall Moreadith sold 2,500 shares of Serina Therapeutics stock at $2.95, above the current trading price of $2.72 which has declined 46.47% over six months.
  • Moreadith simultaneously exercised options to purchase 2,500 shares at an exercise price of $0.06, retaining a significant position of 326,186 options.
  • Serina Therapeutics is a micro-cap firm valued at approximately $29 million, holding more cash than debt but facing rapid cash burn and financial stresses.
  • The NYSE has notified Serina Therapeutics of deficiencies in meeting continued listing requirements due to low stockholders’ equity ($1.6M) and losses in recent fiscal years, underscoring financial vulnerability.

Serina Therapeutics (NASDAQ: SER) witnessed a notable insider transaction on January 22, 2026, as Chief Scientific Officer Randall Moreadith sold 2,500 shares of the company's common stock. The shares traded at $2.95 each, resulting in proceeds of $7,375. This figure is particularly significant in light of the stock’s existing market value of $2.72 per share, reflecting a 46.47% decrease over the past half-year.

In a related move on the same day, Moreadith exercised options to acquire an identical number of shares—2,500—at a strikingly lower exercise price of $0.06 per share. The aggregate expenditure for this option exercise was $150. These options were fully vested and carry an expiration date set for May 6, 2031. Post these transactions, Moreadith holds zero common shares outright but retains ownership of 326,186 stock options.

Serina Therapeutics, categorized as a micro-cap entity with an approximate valuation of $29 million, maintains a balance sheet showing more liquid assets than liabilities. Despite this, the company is expending cash at a rapid pace, generating concerns about its financial sustainability. Comprehensive data analyses provided by InvestingPro underline over ten additional facets regarding Serina’s fiscal condition, aimed at assisting investors in making well-informed decisions.

Further compounding Serina's challenges, the New York Stock Exchange has issued a notice highlighting the company's failure to meet continued listing standards. Specifically, Serina reported stockholders’ equity of merely $1.6 million as of September 30, 2025, alongside losses in three of its last four fiscal years, raising questions about financial stability.

Amid these financial headwinds, the company’s recent 2025 Annual Meeting of Stockholders resulted in the election of Steve Ledger and Karen J. Wilson to the board of directors. According to the filing with the Securities and Exchange Commission, Ledger secured 4,165,885 votes in favor, and Wilson received 4,169,893 votes. There were also 2,681,141 broker non-votes recorded for each nominee. Both directors are slated to serve through the 2028 Annual Meeting or until successors are chosen.

These insider stock activities, in conjunction with regulatory and governance updates, highlight an ongoing period of transition and financial pressure for Serina Therapeutics as it navigates market challenges and attempts to preserve shareholder value amid concerns raised by the exchange.

Risks

  • Ongoing rapid cash burn raises concerns about Serina Therapeutics' ability to sustain operations without additional funding, impacting investor confidence in the biopharmaceutical sector.
  • The company’s failure to meet NYSE listing standards introduces the risk of potential delisting or negative market reactions, posing challenges to capital access and governance.
  • Recent losses over multiple fiscal years and minimal shareholders’ equity suggest financial instability, which could hamper development projects and affect competitive positioning within the healthcare and biotech industry.

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