Alliance Laundry COO exercises 389,004 options twice
The COO - International's cashless exercises were permitted under a lock-up agreement that expires November 16, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Alliance Laundry Holdings Inc. COO - International Jan Gommaar M. Vleugels exercised 389,004 stock options on September 29, 2026, and another 389,004 on September 30, at an exercise price of $5.79 per share, acquiring 389,004 common shares on each date. The issuer withheld 102,988 shares on September 29 and 103,651 on September 30 to satisfy the exercise price. The options were exercised on a net share settlement basis; no Rule 10b5-1 plan is reported. They were fully vested and exercisable and expire October 1, 2030.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option F3, F4 | 389,004 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share ("Common Stock") F1 | 389,004 | $5.79 | $2.25M |
| Exercise Price Payment | Common Stock, par value $0.01 per share ("Common Stock") F2 | 103,651 | $21.73 | $2.25M |
| Exercise | Stock Option F3, F4 | 389,004 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share ("Common Stock") F1 | 389,004 | $5.79 | $2.25M |
| Exercise Price Payment | Common Stock, par value $0.01 per share ("Common Stock") F2 | 102,988 | $21.87 | $2.25M |
Footnotes (4)
- F1. These stock options were exercised on a net share settlement basis.
- F2. Represents the number of shares withheld by the Issuer to satisfy the exercise price of such options.
- F3. The reporting person is subject to a lock-up agreement that expires on November 16, 2026 that was entered into with the underwriters in connection with an offering of securities by the issuer's principal shareholder. The cashless exercise of options is a permissible exemption under the terms of the lock-up agreement. The exercise of such options was a transaction only between the reporting person and the issuer.
- F4. The stock option is fully vested and exercisable.
Key Figures
Key Terms
cashless exercise financial
lock-up agreement financial
fully vested and exercisable financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many options did ALH's COO exercise?
Why were ALH's option exercises permitted under the lock-up agreement?
AI-generated analysis. How Rhea-AI works. Not financial advice.