STOCK TITAN

Bending Spoons (BSP) Co-CFO reveals ordinary share and option holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Bending Spoons S.p.A. Co-Chief Financial Officer Enrico Martinelli has filed an initial Form 3 reporting his equity stake. He directly holds 1,053,700 Ordinary Shares. This filing establishes his starting ownership position as an executive of the company.

Martinelli also holds several Stock Options over Ordinary Shares with exercise prices ranging from 0.0599 to 1.2160 and expiration on June 30, 2036. Footnotes indicate that some options are already fully vested and exercisable, while portions of others will vest in substantially equal monthly installments beginning on August 1, 2026.

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Insider Martinelli Enrico
Role Co-Chief Financial Officer
Type Security Shares Price Value
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Stock Option -- -- --
holding Ordinary Shares -- -- --
Holdings After Transaction: Stock Option — 223,700 shares (Direct, null); Ordinary Shares — 1,053,700 shares (Direct, null)
Footnotes (1)
  1. The stock option is fully vested and exercisable. The stock option is fully vested and exercisable as to 68,000 of the underlying shares, and the remaining shares will vest in 11 substantially equal monthly installments thereafter beginning on August 1, 2026. The stock option is fully vested and exercisable as to 80,415 of the underlying shares, and the remaining shares will vest in 17 substantially equal monthly installments thereafter beginning on August 1, 2026. The stock option is fully vested and exercisable as to 32,315 of the underlying shares, and the remaining shares will vest in five substantially equal monthly installments thereafter beginning on August 1, 2026.
Ordinary Shares held 1,053,700 shares Direct ownership reported on Form 3
Stock Option exercise price 1.2160 per share Stock Option over 55,395 underlying Ordinary Shares, expiring June 30, 2036
Stock Option exercise price 0.3120 per share Stock Option over 85,295 underlying Ordinary Shares, expiring June 30, 2036
Stock Option exercise price 0.1297 per share Stock Option over 75,700 underlying Ordinary Shares, expiring June 30, 2036
Stock Option exercise price 0.5921 per share Stock Option over 60,600 underlying Ordinary Shares, expiring June 30, 2036
Stock Option exercise price 0.3575 per share Stock Option over 37,935 underlying Ordinary Shares, expiring June 30, 2036
Stock Option exercise price 0.0599 per share Stock Option over 223,700 underlying Ordinary Shares, expiring June 30, 2036
Future vesting start August 1, 2026 Start date for monthly vesting of portions of several option grants
Form 3 regulatory
"has filed an initial Form 3 reporting his equity stake"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Ordinary Shares financial
"He directly holds 1,053,700 Ordinary Shares"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
Stock Option financial
"Martinelli also holds several Stock Options over Ordinary Shares"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
fully vested and exercisable financial
"The stock option is fully vested and exercisable"
monthly installments financial
"remaining shares will vest in substantially equal monthly installments"
Monthly installments are regular, fixed payments made each month to gradually pay off a larger amount, such as a loan or purchase. Think of it like paying for a big item in small, manageable parts instead of all at once. For investors, understanding installment payments helps gauge how debts are structured and how they might affect financial stability or cash flow over time.
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FAQ

What did Bending Spoons (BSP) Co-CFO Enrico Martinelli report on his Form 3?

Enrico Martinelli reported his initial ownership stake in Bending Spoons. He directly holds 1,053,700 Ordinary Shares plus several Stock Option awards, establishing his baseline equity position as Co-Chief Financial Officer of the company.

How many Bending Spoons (BSP) ordinary shares does Enrico Martinelli hold?

Enrico Martinelli holds 1,053,700 Ordinary Shares of Bending Spoons directly. This figure, reported on his Form 3, reflects his current share ownership separate from any additional shares that may be acquired through stock option exercises.

What stock options does Bending Spoons (BSP) Co-CFO Enrico Martinelli have?

Martinelli holds multiple Stock Options over Ordinary Shares with exercise prices from 0.0599 to 1.2160, all expiring on June 30, 2036. These awards give him the right to buy additional shares at preset prices before expiration.

Are Enrico Martinelli’s Bending Spoons (BSP) stock options already vested?

Some of Martinelli’s stock options are fully vested and exercisable, while others are only partially vested. Footnotes explain that remaining portions will vest in substantially equal monthly installments starting on August 1, 2026, increasing his exercisable rights over time.

Does this Bending Spoons (BSP) Form 3 show recent buying or selling by Enrico Martinelli?

The Form 3 serves as an initial ownership report and does not show recent open-market buying or selling. It lists Martinelli’s existing Ordinary Share holdings and stock option positions rather than new purchase or sale transactions.

What is the expiration date of Enrico Martinelli’s Bending Spoons (BSP) stock options?

All reported stock option awards held by Enrico Martinelli expire on June 30, 2036. He can exercise vested portions up to that date, subject to the specific vesting schedules described in the footnotes to the Form 3.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Martinelli Enrico

(Last)(First)(Middle)
C/O BENDING SPOONS S.P.A.
VIA NINO BONNET 10

(Street)
MILAN20154

(City)(State)(Zip)

ITALY

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
07/01/2026
3. Issuer Name and Ticker or Trading Symbol
Bending Spoons S.p.A. [ BSP ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Co-Chief Financial Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares1,053,700D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (1)06/30/2036Ordinary Shares223,700$0.0599D
Stock Option (1)06/30/2036Ordinary Shares37,935$0.3575D
Stock Option (1)06/30/2036Ordinary Shares60,600$0.5921D
Stock Option (2)06/30/2036Ordinary Shares75,700$0.1297D
Stock Option (3)06/30/2036Ordinary Shares85,295$0.312D
Stock Option (4)06/30/2036Ordinary Shares55,395$1.216D
Explanation of Responses:
1. The stock option is fully vested and exercisable.
2. The stock option is fully vested and exercisable as to 68,000 of the underlying shares, and the remaining shares will vest in 11 substantially equal monthly installments thereafter beginning on August 1, 2026.
3. The stock option is fully vested and exercisable as to 80,415 of the underlying shares, and the remaining shares will vest in 17 substantially equal monthly installments thereafter beginning on August 1, 2026.
4. The stock option is fully vested and exercisable as to 32,315 of the underlying shares, and the remaining shares will vest in five substantially equal monthly installments thereafter beginning on August 1, 2026.
Remarks:
Exhibit 24 - Power of Attorney.
/s/ Ignacio Pereira, Attorney-in-Fact07/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)