Big Sky Industrial (BSIN) ex-director discloses BSIN stock and options, no trades
Rhea-AI Filing Summary
BIG SKY INDUSTRIAL INC. former director Randall D. Keys reported his equity holdings as of May 8, 2026, when his term on the board expired and he ceased to be subject to Section 16. No trades occurred; the filing is voluntary and for position-reporting only.
Keys holds 193,913 shares of common stock directly. He also holds a non-qualified stock option for 230,000 shares of common stock at an exercise price of $1.11 per share, granted on March 4, 2026. This option became fully vested and exercisable on May 8, 2026 and remains outstanding and unexercised.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Keys Randall D
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Non-Qualified Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 230,000 shares (Direct);
Common Stock — 193,913 shares (Direct)
Footnotes (1)
- F1. The stock option was granted on March 4, 2026 and became fully vested and exercisable on May 8, 2026 upon the expiration of the Reporting Person's term as a director. The option remains outstanding and unexercised. No transaction is reported with respect to the option; it is included in Table II solely to reflect the Reporting Person's derivative holdings.
Key Figures
Common shares held: 193,913 shares
Option underlying shares: 230,000 shares
Option exercise price: $1.11 per share
+2 more
5 metrics
Common shares held
193,913 shares
Direct holdings of common stock as of May 8, 2026
Option underlying shares
230,000 shares
Non-qualified stock option for common stock held directly
Option exercise price
$1.11 per share
Exercise price of non-qualified stock option granted March 4, 2026
Option expiration date
March 4, 2036
Expiration of non-qualified stock option position
Vesting date
May 8, 2026
Date option became fully vested and exercisable
Key Terms
Non-Qualified Stock Option, Section 16 of the Securities Exchange Act of 1934, fully vested and exercisable
3 terms
Non-Qualified Stock Option financial
"The stock option was granted on March 4, 2026 and became fully vested"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
Section 16 of the Securities Exchange Act of 1934 regulatory
"ceased to be subject to Section 16 of the Securities Exchange Act of 1934"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
fully vested and exercisable financial
"became fully vested and exercisable on May 8, 2026 upon the expiration"
FAQ
What does the Form 4 filing by Randall D. Keys for BSIN report?
It reports no transactions; it only discloses Randall D. Keys’ holdings in BIG SKY INDUSTRIAL INC. as of May 8, 2026, when his term as director ended.
What stock options does Randall D. Keys have in BIG SKY INDUSTRIAL INC. (BSIN)?
He holds a non-qualified stock option for 230,000 shares of BSIN common stock at an exercise price of $1.11 per share, expiring on March 4, 2036.
When did Randall D. Keys cease being subject to Section 16 for BSIN?
He ceased to be subject to Section 16 upon the expiration of his term as a member of BIG SKY INDUSTRIAL INC.’s Board of Directors on May 8, 2026.
Is Randall D. Keys’ BSIN stock option currently exercisable?
Yes. The non-qualified stock option granted on March 4, 2026 became fully vested and exercisable on May 8, 2026 and remains outstanding and unexercised.
AI-generated analysis. How Rhea-AI works. Not financial advice.