Director at BNB PLUS CORP. (BNBX) granted 77,038 incentive stock options at $0.69
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BNB PLUS CORP. director option grant: Director SHAMASH YACOV A received an incentive stock option covering 77,038 shares of Common Stock on March 27, 2026. The option has an exercise price of $0.69 per share and expires on March 27, 2036.
The award is compensation-related rather than an open-market trade. According to the vesting terms, 25% of the option vests on the grant date, with the remaining 75% vesting in 25% increments each quarter starting 90 days after the grant date. After this grant, the director holds 77,038 derivative securities linked to the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SHAMASH YACOV A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Incentive Stock Option (right to buy) | 77,038 | $0.00 | -- |
Holdings After Transaction:
Incentive Stock Option (right to buy) — 77,038 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 77,038 options
Exercise price: $0.69 per share
Expiration date: March 27, 2036
+2 more
5 metrics
Option grant size
77,038 options
Incentive Stock Option covering common stock
Exercise price
$0.69 per share
Exercise price of incentive stock option
Expiration date
March 27, 2036
Option expiration for the grant
Post-grant derivative holdings
77,038 derivative securities
Total options held following transaction
Initial vesting
25% on grant date
Vesting schedule per footnote
Key Terms
Incentive Stock Option, exercise price, vesting, grant, award, or other acquisition
4 terms
Incentive Stock Option financial
"Incentive Stock Option (right to buy)"
An incentive stock option is a type of employee benefit that gives a worker the right to buy company shares at a fixed price, with special tax advantages if the employee holds the shares for a required period. Think of it as a coupon to buy future shares at today’s price that can result in lower tax on the gain. Investors care because ISOs can dilute share count, align staff incentives with the stock price, and affect company compensation costs and the timing of potential share sales.
exercise price financial
"conversion_or_exercise_price": "0.6900""
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.
vesting financial
"The options vest 25% on the grant date, then 25% per quarter"
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""