BNB Plus awards director 100K options at $0.15
A BNB PLUS CORP. director received 100,000 stock options at a $0.15 exercise price vesting over six months.
Rhea-AI Filing Summary
BNB PLUS CORP. (BNBX) reported that director Todd Larsen received a grant of 100,000 stock options on September 14, 2026. The options have an exercise price of $0.15 per share, expire on September 14, 2036, and vest in equal monthly installments over six months.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 100,000 shares
Grant/Award
1 txn
Insider
Larsen Todd
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1 | 100,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 100,000 contracts (Direct)
Footnotes (1)
- F1. The options vest in equal monthly installments over a 6-month period, commencing one month from the grant date.
Key Figures
Stock options granted: 100,000 options
Exercise price: $0.15 per share
Underlying common shares: 100,000 shares
+2 more
5 metrics
Stock options granted
100,000 options
Grant to director Todd Larsen on September 14, 2026
Exercise price
$0.15 per share
Exercise price for the 100,000 stock options
Underlying common shares
100,000 shares
Common stock underlying the option grant
Option expiration date
September 14, 2036
Expiration of the granted stock options
Vesting period
6 months
Equal monthly installments starting one month after grant
Key Terms
Stock Option (right to buy), exercise price, vesting, expiration date
4 terms
Stock Option (right to buy) financial
"The security is described as Stock Option (right to buy)."
exercise price financial
"The options have an exercise price of $0.15 per share."
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 in equal monthly installments over a 6-month period."
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.
expiration date financial
"The options carry an expiration date of 2036-09-14."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BNBX report for Todd Larsen?
BNB PLUS CORP. reported that director Todd Larsen received a grant of 100,000 stock options on September 14, 2026, as a compensation-related award rather than a market purchase.
What is the exercise price of the new BNBX stock options?
The granted stock options have an exercise price of $0.15 per share for BNB PLUS CORP. common stock, meaning they can be exercised to buy shares at that price once vested and until expiration.
How many BNBX options does Todd Larsen hold after this grant?
After the reported grant, 100,000 stock options are shown as held directly by Todd Larsen. The filing does not list additional option positions in its derivative holdings summary.
When do Todd Larsen’s BNBX options vest?
The options vest in equal monthly installments over a six-month period, commencing one month from the September 14, 2026 grant date, according to the footnote disclosure.
When do the newly granted BNBX options expire?
The granted stock options expire on September 14, 2036, giving a ten-year term during which they may be exercised once vested and while still outstanding.
Were the BNBX option grants made under a Rule 10b5-1 plan?
The filing indicates no Rule 10b5-1 trading plan for this transaction, as the document-level checkbox for such plans is not selected.
AI-generated analysis. How Rhea-AI works. Not financial advice.