Artelo Biosciences (ARTL) CFO receives 36,391 options vesting over 4 years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARTELO BIOSCIENCES, INC. reported that its Chief Financial Officer, Mark Edward Spring, received a grant of stock options on January 29, 2026. The grant covers 36,391 stock options with an exercise price of $1.68 per share.
These options vest over four years, starting from a vesting commencement date of January 1, 2026. One forty-eighth of the option shares vests each month, so the award becomes fully vested on the four-year anniversary of that commencement date, as long as he continues as a service provider.
Positive
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Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Spring Mark Edward
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 36,391 | $0.00 | -- |
Holdings After Transaction:
Stock Options (right to buy) — 36,391 shares (Direct)
Footnotes (1)
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FAQ
What did ARTL disclose about its CFO’s equity compensation?
ARTELO BIOSCIENCES, INC. disclosed that Chief Financial Officer Mark Edward Spring received stock options for 36,391 shares. These options were granted on January 29, 2026 and provide him the right to buy company common stock at a fixed exercise price of $1.68 per share.
How many stock options were granted to the ARTL CFO?
The Chief Financial Officer of ARTELO BIOSCIENCES, INC. was granted 36,391 stock options. Each option represents the right to purchase one share of common stock, subject to the vesting schedule and continued service conditions described in the company’s equity incentive plan footnote.
What is the exercise price of the ARTL CFO’s stock options?
The stock options granted to ARTELO BIOSCIENCES, INC.’s Chief Financial Officer carry an exercise price of $1.68 per share. This means he can purchase each underlying share of common stock at $1.68 once the corresponding option portion has vested and remains outstanding.
When do the ARTL CFO’s stock options start vesting?
The vesting of the ARTELO BIOSCIENCES, INC. CFO’s stock options is based on a vesting commencement date of January 1, 2026. Although the grant was dated January 29, 2026, all vesting calculations reference that January 1, 2026 commencement date under the company’s 2018 Equity Incentive Plan.
How does the vesting schedule work for the ARTL CFO’s options?
The vesting schedule provides that one forty-eighth of the 36,391 option shares vests each month after the January 1, 2026 vesting commencement date. This monthly vesting continues so that the entire option award becomes fully vested on the four-year anniversary of that commencement date.
What condition must be met for the ARTL CFO’s options to vest?
For each monthly vesting installment to occur, the reporting person must continue to be a “Service Provider” as defined in ARTELO BIOSCIENCES, INC.’s 2018 Equity Incentive Plan. If that service relationship ends, remaining unvested option shares would not vest under the described schedule.
How many derivative securities does the ARTL CFO hold after this grant?
After this grant, the ARTELO BIOSCIENCES, INC. Chief Financial Officer beneficially owns 36,391 derivative securities in the form of stock options. All of these options are reported as directly held and relate to an equal number of shares of the company’s common stock, subject to vesting terms.