Keel Infrastructure (KEEL) CEO details common stock, option and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Keel Infrastructure Corp. director and Chief Executive Officer Benjamin Gagnon reported his initial equity position. He directly holds 1,073,269 common shares, multiple tranches of stock options over various exercise prices and expirations, and 646,738 restricted stock units that vest in three equal installments starting on July 10, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Gagnon Benjamin
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 500,000 shares (Direct);
Restricted Stock Units — 646,738 shares (Direct);
Common Shares — 1,073,269 shares (Direct)
Footnotes (1)
- On June 29, 2021 the reporting person was granted 500,000 stock options which have fully vested. 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). On December 8, 2021 the reporting person was granted 125,000 stock options which have fully vested. On May 19, 2022 the reporting person was granted 312,500 stock options which have fully vested. On December 27, 2022 the reporting person was granted 200,000 stock options which have fully vested. On June 30, 2023 the reporting person was granted 50,000 stock options which have fully vested. On December 22, 2023 the reporting person was granted 250000 stock options which have fully vested. On September 30, 2024 the reporting person was granted 500,000 stock options which vest in equal installments at September 30, 2024, March 30, 2025, September 30, 2025 and March 30, 2026. Represents restricted stock units ("RSUs") that vest yearly in three equal installments starting July 10, 2026. Each RSU represents a contingent right to receive one common share or an equivalent value in cash at the issuer's election.
Key Figures
Direct common shares: 1,073,269 shares
Options at $3.60: 500,000 underlying shares
Options at $5.84: 125,000 underlying shares
+4 more
7 metrics
Direct common shares
1,073,269 shares
Common Shares directly owned as of the Form 3 date
Options at $3.60
500,000 underlying shares
Stock options at <money>$3.60</money> expiring <date>June 29, 2026</date>
Options at $5.84
125,000 underlying shares
Stock options at <money>$5.84</money> expiring <date>December 8, 2026</date>
Options at $1.76
312,500 underlying shares
Stock options at <money>$1.76</money> expiring <date>May 19, 2027</date>
Options at $0.39
200,000 underlying shares
Stock options at <money>$0.39</money> expiring <date>December 27, 2027</date>
Options at $2.16
500,000 underlying shares
Stock options at <money>$2.16</money> expiring <date>September 30, 2029</date>
Restricted stock units
646,738 RSUs
RSUs vesting yearly in three equal installments starting <date>July 10, 2026</date>
Key Terms
Stock Options (Right to Buy), Restricted Stock Units ("RSUs"), contingent right, exercise price, +1 more
5 terms
Stock Options (Right to Buy) financial
"The security title is listed as "Stock Options (Right to Buy)" with various exercise prices and expiration dates."
Restricted Stock Units ("RSUs") financial
"Represents restricted stock units ("RSUs") that vest yearly in three equal installments starting July 10, 2026."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one common share or an equivalent value in cash at the issuer's election."
exercise price financial
"derivative positions list an exercise price for each stock option grant alongside expiration dates."
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.
beneficial ownership financial
"The Form 3 functions as an initial statement of beneficial ownership and shows holdings only."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What does Benjamin Gagnon report owning in Keel Infrastructure Corp. (KEEL)?
Benjamin Gagnon reports direct ownership of 1,073,269 common shares of Keel Infrastructure Corp. He also holds several tranches of stock options on additional common shares and 646,738 restricted stock units that may convert into shares as they vest over time.
How many restricted stock units does the Keel Infrastructure (KEEL) CEO hold?
The CEO holds 646,738 restricted stock units (RSUs). These RSUs each represent a contingent right to receive one common share or an equivalent cash value, at the company’s election, as they vest in three equal yearly installments starting on July 10, 2026.
When do Benjamin Gagnon’s RSUs in Keel Infrastructure (KEEL) vest?
Benjamin Gagnon’s RSUs vest yearly in three equal installments starting on July 10, 2026. As each installment vests, he becomes entitled to receive one common share per RSU, or an equivalent cash amount at the issuer’s election, according to the disclosure.
What stock option grants are disclosed for the Keel Infrastructure (KEEL) CEO?
The filing lists several stock option grants to purchase common shares at exercise prices between $0.39 and $5.84, expiring from 2026 through 2029. Earlier grants are fully vested, while a September 30, 2024 grant vests in four equal installments through March 30, 2026.
Does the Keel Infrastructure (KEEL) Form 3 show any recent insider buying or selling?
The Form 3 functions as an initial statement of beneficial ownership and shows holdings only. The transaction summary indicates no reported purchases, sales, exercises, gifts, or tax withholdings, focusing instead on Gagnon’s existing share, option, and RSU positions as of the reported date.