Beeline Holdings (BLNE) director receives 10,000 restricted shares grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Caltabiano Joseph reported acquisition or exercise transactions in this Form 4 filing.
Beeline Holdings, Inc. director Joseph Caltabiano received a grant of 10,000 shares of restricted common stock on May 28, 2026. The award was granted at a price of $0.00 per share and is fully vested under the company’s Amended and Restated 2025 Equity Incentive Plan.
After this grant, Caltabiano directly holds 138,984 shares of Beeline common stock. The footnote explains that the grant was approved by the Board of Directors and is exempt from Section 16(b) of the Securities Exchange Act under Rule 16b-3.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Caltabiano Joseph
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 138,984 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted shares granted: 10,000 shares
Grant price per share: $0.00 per share
Shares held after grant: 138,984 shares
3 metrics
Restricted shares granted
10,000 shares
Restricted common stock grant on May 28, 2026
Grant price per share
$0.00 per share
Equity award to director, non-cash compensation
Shares held after grant
138,984 shares
Total direct Beeline common stock holdings after transaction
Key Terms
restricted common stock, Section 16(b), Rule 16b-3, Amended and Restated 2025 Equity Incentive Plan
4 terms
restricted common stock financial
"The grant of the Issuer's restricted common stock was exempt from Section 16(b)..."
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
Section 16(b) regulatory
"was exempt from Section 16(b) of the Securities Exchange Act of 1934..."
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3 regulatory
"by virtue of Rule 16b-3 promulgated thereunder, as it was approved..."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
Amended and Restated 2025 Equity Incentive Plan financial
"granted under the Issuer's Amended and Restated 2025 Equity Incentive Plan."
FAQ
What insider transaction did Beeline Holdings (BLNE) report for Joseph Caltabiano?
Beeline director Joseph Caltabiano received a grant of 10,000 shares of restricted common stock. The shares were fully vested upon grant and awarded at $0.00 per share as part of his equity compensation.
Was the Beeline (BLNE) insider transaction an open-market buy or a stock grant?
The Beeline transaction was a stock grant, not an open-market purchase. It is coded as an “A” transaction, described as a grant or award acquisition, with a price of $0.00 per share under the company’s equity incentive plan.
Under which plan was the Beeline (BLNE) restricted stock granted to Joseph Caltabiano?
The restricted common stock was granted under Beeline’s Amended and Restated 2025 Equity Incentive Plan. The footnote states the shares are fully vested restricted stock issued as part of this plan and approved by the Board of Directors.
How is the Beeline (BLNE) stock grant to Joseph Caltabiano treated under Section 16(b)?
The stock grant is exempt from Section 16(b) short-swing profit rules. The footnote explains the award qualifies for exemption under Rule 16b-3 because it was approved by Beeline’s Board of Directors and issued under the equity incentive plan.