CISO Global CFO acquires 25,000 shares as awards vest
The RSU award's disclosed vesting schedule extends quarterly through the fourth anniversary of its June 2025 grant.
Rhea-AI Filing Summary
CISO Global, Inc. Chief Financial Officer Debra Lou Smith reported compensation awards and later vesting activity. On June 13, 2025, Smith was granted 500,000 stock options with a $0.96 exercise price and an expiration date of June 13, 2036, plus 400,000 restricted stock units (RSUs). The RSUs vest 25% on June 13, 2026, then 6.25% at the end of each three-month period following the first anniversary, with 100% scheduled to vest on the fourth anniversary.
On June 13, 2026, 100,000 RSUs vested and converted into common stock, and 26,150 shares were delivered or withheld for payment of exercise price or tax liability. On September 14, 2026, 25,000 RSUs converted into common stock, and 6,538 shares were delivered or withheld for payment of exercise price or tax liability. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (Right to Receive) F1 | 25,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 25,000 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 6,538 | $0.25 | $2K |
| Exercise | Restricted Stock Unit (Right to Receive) F1 | 100,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 100,000 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 26,150 | $0.29 | $8K |
| Grant/Award | Stock Option (Right to Buy) F2 | 500,000 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit (Right to Receive) F1 | 400,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. On June 13, 2025 (the "Grant Date"), the reporting person was granted a Restricted Stock Unit grant for 400,000 shares of common stock (the "2025 RSU"). Each restricted stock unit represented a contingent right to receive one share of issuer's common stock. The 2025 RSU vested with respect to 25% of the underlying shares on June 13, 2026, and 6.25% has vested and shall vest at the end of each three-month period following the first anniversary of the Grant Date, such that 100% shall be vested on the fourth anniversary of the Grant Date.
- F2. On June 13, 2025, the reporting person was granted stock options exercisable for 500,000 shares of common stock (the "June 2025 Options"). The June 2025 Options vested with respect to 25% of the underlying shares on June 13, 2026, and thereafter has vested and shall vest at a rate of 1/36 per month beginning on July 14, 2026.
Key Figures
Key Terms
restricted stock unit financial
contingent right financial
1/36 per month financial
exercisable financial
FAQ
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What are the vesting terms for the CISO CFO's 2025 awards?
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