Keel Infrastructure (KEEL) director details option and share stakes

Rhea-AI Filing Summary

Keel Infrastructure Corp. director Amy Freedman reported her initial holdings as an insider. She holds stock options to acquire 150,000 and 60,000 common shares at an exercise price of $1.87 per share, both expiring on December 18, 2029, plus 69,568 common shares directly. Footnotes note these options were granted on December 18, 2024 and vest in scheduled installments.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Freedman Amy

Role Director

Type	Security	Shares	Price	Value
holding	Stock Options (Right to Buy)	--	--	--
holding	Stock Options (Right to Buy)	--	--	--
holding	Common Shares	--	--	--

Holdings After Transaction: Stock Options (Right to Buy) — 150,000 shares (Direct); Common Shares — 69,568 shares (Direct)

Footnotes (1)

1. On December 18, 2024, the reporting person was granted 150,000 stock options which vest in equal installments at December 18, 2024, March 23, 2025, September 23, 2025 and March 23, 2026. On December 18, 2024, the reporting person was granted 60,000 stock options which vest in equal installments at December 18, 2024, June 18, 2026, December 18, 2025 and June 18, 2026. 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

Option grant 1 underlying shares: 150,000 shares Option grant 2 underlying shares: 60,000 shares Exercise price: $1.87 per share +2 more

5 metrics

Option grant 1 underlying shares 150,000 shares Stock options to buy common shares at $1.87, expiring Dec. 18, 2029

Option grant 2 underlying shares 60,000 shares Additional stock options at $1.87, expiring Dec. 18, 2029

Exercise price $1.87 per share Exercise price for both reported stock option grants

Common shares held 69,568 shares Direct common share holdings reported on Form 3

Option expiration date December 18, 2029 Expiration for both sets of stock options

Key Terms

Stock Options (Right to Buy), Common Shares, exercise price, vest in equal installments, +1 more

5 terms

Stock Options (Right to Buy) financial

"Security title is listed as Stock Options (Right to Buy) for two entries"

Common Shares financial

"The reporting person also holds 69,568 Common Shares directly"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

exercise price financial

"Both option grants show a conversion or exercise price of 1.8700"

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.

vest in equal installments financial

"Footnotes state the options were granted and vest in equal installments"

Bank of Canada daily exchange rate financial

"A footnote references use of the Bank of Canada daily exchange rate"

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Freedman Amy

(Last) (First) (Middle)

120 BROADWAY

SUITE 1075

(Street)

NEW YORK NEW YORK 10004

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/01/2026

3. Issuer Name and Ticker or Trading Symbol
Keel Infrastructure Corp. [ KEEL ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	69,568	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	(1)	12/18/2029	Common Shares	150,000	$1.87(3)	D
Stock Options (Right to Buy)	(2)	12/18/2029	Common Shares	60,000	$1.87(3)	D

Explanation of Responses:

1. On December 18, 2024, the reporting person was granted 150,000 stock options which vest in equal installments at December 18, 2024, March 23, 2025, September 23, 2025 and March 23, 2026.

2. On December 18, 2024, the reporting person was granted 60,000 stock options which vest in equal installments at December 18, 2024, June 18, 2026, December 18, 2025 and June 18, 2026.

3. 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).

Remarks:

Exhibit List - Exhibit 24.1 Power of Attorney

	/s/ Rachel Silverstein, as attorney-in-fact	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Amy Freedman’s Form 3 for Keel Infrastructure Corp. (KEEL) disclose?

Amy Freedman’s Form 3 discloses her initial insider holdings at Keel Infrastructure Corp., including stock options and common shares. It is a baseline ownership report, not a record of new buying or selling activity in KEEL shares.

How many stock options does Amy Freedman hold in Keel Infrastructure Corp. (KEEL)?

Amy Freedman holds stock options linked to 150,000 and 60,000 Keel Infrastructure common shares. Both option grants carry an exercise price of $1.87 per share and expire on December 18, 2029, providing future rights to buy KEEL shares.

What common share holdings does Amy Freedman report for Keel Infrastructure (KEEL)?

Amy Freedman reports direct ownership of 69,568 Keel Infrastructure common shares. This figure reflects her stated share position as of the Form 3 date and complements her separate stock option grants tied to additional potential KEEL shares.

How do Amy Freedman’s Keel Infrastructure (KEEL) options vest according to the filing?

The filing notes 150,000 options vest in equal installments on December 18, 2024, March 23, 2025, September 23, 2025, and March 23, 2026. Another 60,000 options vest in equal installments on December 18, 2024, December 18, 2025, and June 18, 2026.

What is the exercise price and expiry for Amy Freedman’s KEEL stock options?

Both option grants reported by Amy Freedman carry an exercise price of $1.87 per common share. Each grant has an expiration date of December 18, 2029, defining the latest date by which she can exercise these rights to buy KEEL shares.