Brenmiller Energy (BNRG) director lists indirect stock options
Rhea-AI Filing Summary
Brenmiller Energy Ltd. director Michael Korner filed an initial ownership report showing an indirect holding of stock options. These options, held through M Korner Ltd., relate to 857 underlying ordinary shares with an exercise price of $29.05 per share and expire on December 5, 2029.
The options were granted on December 5, 2024 and vest annually over three years from the grant date. This filing does not report any share purchases or sales, only the existing option position and its vesting and ownership structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Korner Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Stock option (right to buy) — 857 shares (Indirect, M Korner Ltd.)
Footnotes (2)
- F1. The options were granted on December 5, 2024, and vest on a yearly basis for three years from the date of grant.
- F2. The reported securities are held by M Korner Ltd., which is wholly owned and controlled by the Reporting Person. The Reporting Person may be deemed to beneficially own the securities held by M Korner Ltd.
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FAQ
What does Brenmiller Energy (BNRG) director Michael Korner report in this Form 3?
The Form 3 shows Michael Korner’s initial beneficial ownership in Brenmiller Energy via stock options held indirectly through M Korner Ltd. It discloses grant terms, vesting schedule, exercise price, and the 857 underlying ordinary shares tied to these options.
What are the key terms of Michael Korner’s Brenmiller Energy (BNRG) stock options?
The options were granted on December 5, 2024, vest annually over three years, carry an exercise price of $29.05 per share, and expire on December 5, 2029. These terms define when and how the director may convert the options into ordinary shares.
How are Michael Korner’s Brenmiller Energy (BNRG) options held according to the filing?
The filing states the options are held by M Korner Ltd., which is wholly owned and controlled by Michael Korner. He may be deemed to beneficially own the securities held by M Korner Ltd., indicating indirect ownership of the option position.