Athena Gold director awarded options for 150K shares
The reported holdings include two earlier option tranches and common shares held directly and through a revocable living trust.
Rhea-AI Filing Summary
ATHENA GOLD CORP (AHNRF) director John E. Hiner received an award of options to acquire 150,000 common shares on September 7, 2026, at an exercise price of CAN $0.34; the options expire September 7, 2036. No Rule 10b5-1 plan is reported.
Hiner also held direct options for 50,505 shares at CAN $0.792, expiring October 12, 2032, and 40,808 shares at CAN $0.0594, expiring March 19, 2036. Those option counts reflect a 1-for-9.9 reverse stock split on April 2, 2026. Reported common-stock holdings were 40,404 shares directly and 14,444 shares through the JE & MS Hiner Revocable Living Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 150,000 shares
Grant/Award
5 txns
Insider
HINER JOHN E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Options F3 | 150,000 | $0.24 | $36K |
| holding | Common Stock Option F1, F2 | -- | -- | -- |
| holding | Common Stock Options F1, F2 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock Options — 190,808 contracts for 40,808 underlying shares (Direct);
Common Stock Option — 50,505 contracts (Direct);
Common Stock — 14,444 shares (Indirect, JE & MS Hiner Revocable Living Trust);
Common Stock — 40,404 shares (Direct)
Footnotes (3)
- F1. Exercise price is in Canadian dollars
- F2. Number of Shares edited to reflect a 1-for-9.9 reverse stock split on April 2, 2026.
- F3. The exercise price reflects an exercise price of CAN $0.34.
Key Figures
Common shares underlying awarded options: 150,000 shares
Exercise price of awarded options: CAN $0.34 per share
Shares underlying existing direct options: 50,505 shares
+3 more
6 metrics
Common shares underlying awarded options
150,000 shares
Awarded September 7, 2026
Exercise price of awarded options
CAN $0.34 per share
Options expire September 7, 2036
Shares underlying existing direct options
50,505 shares
Exercise price CAN $0.792; expiration October 12, 2032
Shares underlying existing direct options
40,808 shares
Exercise price CAN $0.0594; expiration March 19, 2036
Common shares held directly
40,404 shares
Reported September 7, 2026
Common shares held through JE & MS Hiner Revocable Living Trust
14,444 shares
Reported September 7, 2026
Key Terms
exercise price, reverse stock split, Revocable Living Trust, Rule 10b5-1 plan
4 terms
exercise price financial
"The exercise price reflects an exercise price of CAN $0.34"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
reverse stock split financial
"a 1-for-9.9 reverse stock split on April 2, 2026"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Revocable Living Trust financial
"JE & MS Hiner Revocable Living Trust"
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was the AHNRF director's option transaction a stock purchase?
No. John E. Hiner's reported transaction was an award of options to acquire 150,000 common shares, not a reported purchase of common stock.
What exercise price applies to John E. Hiner's AHNRF option award?
The options awarded on September 7, 2026, have an exercise price of CAN $0.34 and expire on September 7, 2036.
AI-generated analysis. How Rhea-AI works. Not financial advice.
