Axe Compute (AGPU) grants 300,000 option inducement award to president
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Axe Compute Inc. reported that President Kyle Robert Okamoto received a grant of 300,000 non-qualified stock options on April 1, 2026 as a compensation award. The options have an exercise price of $1.62 per share and expire on March 31, 2036.
The grant was issued as an inducement award under Nasdaq Listing Rule 5635(c)(4). One third of the options vest on the first anniversary of the grant date, and the remaining two thirds vest in equal monthly installments over the following 24 months, contingent on Mr. Okamoto’s continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Okamoto Kyle Robert
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Options | 300,000 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Options — 300,000 shares (Direct)
Footnotes (1)
- The stock option was granted as an inducement award pursuant to Nasdaq Listing Rule 5635(c)(4). The options are subject to a three-year vesting period with 1/3 vesting on the first anniversary of the grant date and the remainder vesting in equal monthly installments over the next 24 months, subject to Mr. Okamoto's continued employment with the Company through each vesting date.
Key Figures
Option grant size: 300,000 options
Exercise price: $1.62 per share
Underlying shares: 300,000 shares
+3 more
6 metrics
Option grant size
300,000 options
Non-qualified stock options granted April 1, 2026
Exercise price
$1.62 per share
Conversion or exercise price for the options
Underlying shares
300,000 shares
Common stock underlying the option grant
Expiration date
March 31, 2036
Option expiration
Post-grant derivative holdings
300,000 options
Total options held following transaction
Vesting schedule
3 years
1/3 after one year; remainder monthly over 24 months
Key Terms
Non-Qualified Stock Options, inducement award, Nasdaq Listing Rule 5635(c)(4), vesting period, +1 more
5 terms
Non-Qualified Stock Options financial
"security_title: "Non-Qualified Stock Options""
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
inducement award financial
"The stock option was granted as an inducement award pursuant to Nasdaq Listing Rule 5635(c)(4)."
An inducement award is a special cash or equity payment given to a new hire—often an executive or key employee—outside the company’s regular pay plans to persuade them to join. Think of it like a signing bonus that can align the new person’s goals with shareholders but also represents a cost and can reduce existing owners’ percentage of the company, so investors watch these awards for their impact on ownership and future performance.
Nasdaq Listing Rule 5635(c)(4) regulatory
"granted as an inducement award pursuant to Nasdaq Listing Rule 5635(c)(4)."
NASDAQ Listing Rule 5635(c)(4) is a rule that requires a company to get approval from its shareholders before selling a large amount of its shares, usually over 20%. This helps protect investors by making sure the company doesn't flood the market with new shares without their say, which could lower the stock's value.
vesting period financial
"The options are subject to a three-year vesting period with 1/3 vesting on the first anniversary..."
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
underlying security financial
"underlying_security_title: "Common Stock""
FAQ
What insider transaction did Axe Compute (AGPU) report for Kyle Robert Okamoto?
Axe Compute reported that President Kyle Robert Okamoto received 300,000 non-qualified stock options as a grant. The options relate to common stock, were granted at a $1.62 exercise price, and represent a compensation award rather than an open-market share purchase or sale.
What are the key terms of Kyle Okamoto’s 300,000 stock options at Axe Compute (AGPU)?
Kyle Okamoto’s award consists of 300,000 non-qualified stock options with a $1.62 per share exercise price. The options expire March 31, 2036, and are tied to Axe Compute’s common stock, giving him the right to buy shares at that fixed price once vested.
How do Kyle Okamoto’s Axe Compute (AGPU) stock options vest over time?
The options vest over three years. One third vests on the first anniversary of the April 1, 2026 grant date. The remaining two thirds vest in equal monthly installments during the following 24 months, subject to his continued employment with Axe Compute through each vesting date.
Why was the Axe Compute (AGPU) option grant to Kyle Okamoto classified as an inducement award?
The options were granted as an inducement award under Nasdaq Listing Rule 5635(c)(4). This rule permits equity grants outside shareholder-approved plans to attract or retain key employees, and the filing states the grant was made pursuant to this specific Nasdaq listing rule.
How many Axe Compute (AGPU) options does Kyle Okamoto hold after this transaction?
After the transaction, Kyle Okamoto holds 300,000 non-qualified stock options directly. These options are tied to 300,000 shares of Axe Compute common stock as the underlying security, reflecting the full size of this inducement grant reported in the Form 4.