Keel CFO reports 250,000 stock options at $4.21
Keel Infrastructure Corp. Chief Financial Officer Mir Jonathan reported existing derivative holdings, not a new trade.
Accepted by SEC EDGAR
Learn about SEC filing dates
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.
Form Type
3
Rhea-AI Filing Summary
Keel Infrastructure Corp. Chief Financial Officer Mir Jonathan reported existing derivative holdings, not a new trade. He holds stock options over 250,000 common shares with an exercise price of $4.21 per share, expiring on October 13, 2030. These options were granted on October 13, 2025 and vest in four equal installments through April 13, 2027. The exercise price was converted to U.S. dollars using a Bank of Canada exchange rate of CAD 1.00 = USD 0.718.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
Mir Jonathan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Stock Options (Right to Buy) | -- | -- | -- |
Holdings:
Stock Options (Right to Buy) — 250,000 contracts (Direct)
Footnotes (2)
- F1. On October 13, 2025 the reporting person was granted 250,000 stock options which vest in equal installments at October 13, 2025, April 13, 2026, October 13, 2026 and April 13, 2027.
- F2. The price was converted into its U.S. Dollar equivalent using the Bank of Canada daily exchange rate on March 30, 2026 (at CAD 1.00 = USD 0.718).
Key Figures
Underlying option shares: 250,000 shares
Exercise price: $4.21 per share
Option expiration: October 13, 2030
+2 more
5 metrics
Underlying option shares
250,000 shares
Stock options on common shares held by CFO
Exercise price
$4.21 per share
Stock options exercise price in U.S. dollars
Option expiration
October 13, 2030
Expiry date of the stock options
Grant size
250,000 options
Granted on October 13, 2025, vesting in four tranches
FX rate used
CAD 1.00 = USD 0.718
Bank of Canada rate on March 30, 2026 for price conversion
Key Terms
Stock Options (Right to Buy), vesting, exercise price, underlying security, +1 more
5 terms
Stock Options (Right to Buy) financial
"security_title: "Stock Options (Right to Buy)""
vesting financial
"stock options which vest in equal installments at October 13, 2025, April 13, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"conversion_or_exercise_price: "4.2100""
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.
underlying security financial
"underlying_security_title: "Common Shares""
exchange rate financial
"using the Bank of Canada daily exchange rate on March 30, 2026"
Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who is the insider reporting holdings for Keel Infrastructure Corp.?
The filing shows Mir Jonathan, Chief Financial Officer of Keel Infrastructure Corp., reporting his derivative holdings. It outlines his stock option position, including the number of underlying shares, exercise price in U.S. dollars, vesting schedule, and expiration date for these options.
What stock options does the Keel Infrastructure Corp. CFO hold?
The CFO holds stock options on 250,000 common shares. These options carry an exercise price of $4.21 per share and expire on October 13, 2030. They represent the right to buy common shares if exercised under the option terms.
How do the Keel Infrastructure Corp. CFO’s stock options vest?
The filing explains that 250,000 stock options granted on October 13, 2025 vest in four equal installments. Vesting dates are October 13, 2025, April 13, 2026, October 13, 2026, and April 13, 2027, gradually making portions of the grant exercisable over time.
What is the exercise price of the Keel Infrastructure Corp. CFO’s options?
The CFO’s stock options have an exercise price of $4.21 per share. This price was converted from Canadian dollars using the Bank of Canada daily exchange rate on March 30, 2026, which was CAD 1.00 = USD 0.718, as disclosed in a footnote.
When do the Keel Infrastructure Corp. CFO’s stock options expire?
According to the filing, the stock options expire on October 13, 2030. After this expiration date, any unexercised options lapse. The options relate to 250,000 underlying common shares, subject to the vesting schedule described in the footnotes.
Does this Keel Infrastructure Corp. Form 3 show option exercises or sales?
The Form 3 primarily reports existing holdings of stock options by the CFO and does not show any option exercises or share sales. It lists the derivative position, vesting terms, exercise price, and expiration date without recording buy or sell transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
