Director at BranchOut Food (BOF) awarded 15,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BranchOut Food director Greg Somerville received a grant of 15,000 stock options on February 10, 2026. Each option gives him the right to buy one share of common stock at an exercise price of $2.96, with no cash paid for the grant itself.
The options vest in six equal monthly installments over the six-month period following the grant date and expire on February 10, 2036 if not exercised. After this transaction, Somerville directly holds 15,000 derivative securities linked to BranchOut Food common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Somerville Greg
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to buy) | 15,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to buy) — 15,000 shares (Direct)
Footnotes (1)
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FAQ
What did BranchOut Food (BOF) disclose about Greg Somerville in this Form 4?
BranchOut Food reported a stock option grant to director Greg Somerville. He received 15,000 options on February 10, 2026, giving him the right to buy common shares at a fixed price of $2.96, subject to a defined vesting schedule.
How many BranchOut Food (BOF) stock options were granted to Greg Somerville?
Greg Somerville was granted 15,000 stock options. These options are derivative securities linked to BranchOut Food common stock and increase his directly held options balance to 15,000 following the reported transaction on February 10, 2026.
What is the exercise price of Greg Somerville’s BranchOut Food (BOF) stock options?
The options have an exercise price of $2.96 per share. This means Somerville can purchase BranchOut Food common stock at $2.96 for each of the 15,000 options, if he exercises them before their February 10, 2036 expiration date.
How do Greg Somerville’s BranchOut Food (BOF) stock options vest?
The options vest in six equal monthly installments. Vesting occurs over the six-month period following the February 10, 2026 grant date, gradually increasing the portion of the 15,000 options that Somerville can exercise over that timeframe.
When do Greg Somerville’s BranchOut Food (BOF) stock options expire?
The granted stock options expire on February 10, 2036. If Somerville does not exercise any vested options by that date, his right to purchase BranchOut Food common shares at the $2.96 exercise price will lapse.
Is Greg Somerville’s ownership in BranchOut Food (BOF) direct or indirect?
The reported 15,000 stock options are held directly by Greg Somerville. The filing classifies the ownership form as “D” for direct, and no indirect ownership entity or special beneficial ownership arrangement is indicated in the disclosure.