CitroTech (CITR) director Craig Huff receives 41,667-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HUFF CRAIG A reported acquisition or exercise transactions in this Form 4 filing.
CitroTech Inc. director and ten percent owner Craig A. Huff received a compensatory grant of 41,667 shares of CitroTech common stock for his service on the board of directors. These new shares are held directly. Separately, 3,357,467 CitroTech shares are held indirectly through BoltRock Holdings LLC, where Huff is the managing member and which may be deemed a director by deputization. Huff disclaims beneficial ownership of the BoltRock-held shares except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HUFF CRAIG A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,667 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 41,667 shares (Direct, null);
Common Stock — 3,357,467 shares (Indirect, By BoltRock Holdings LLC)
Footnotes (1)
- Represents a compensatory grant of 41,667 shares of the Issuer's common stock for Mr. Huff's service as a member of the Issuer's board of directors. The securities are held directly by BoltRock Holdings LLC ("BoltRock"). Mr. Huff is the managing member of BoltRock and also serves on the board of directors of the Issuer. As a result, BoltRock may be deemed a director of the Issuer by deputization. Mr. Huff disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
Key Figures
Stock grant: 41,667 shares
Grant price: $0.00 per share
Direct holdings after grant: 41,667 shares
+1 more
4 metrics
Stock grant
41,667 shares
Compensatory grant of CitroTech common stock to Craig Huff
Grant price
$0.00 per share
Recorded price for the 41,667-share compensatory award
Direct holdings after grant
41,667 shares
CitroTech common stock held directly by Craig Huff after award
Indirect holdings via BoltRock
3,357,467 shares
CitroTech common stock held by BoltRock Holdings LLC
Key Terms
compensatory grant, beneficial ownership, deemed a director by deputization
3 terms
compensatory grant financial
"Represents a compensatory grant of 41,667 shares of the Issuer's common stock"
beneficial ownership financial
"Mr. Huff disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
deemed a director by deputization financial
"BoltRock may be deemed a director of the Issuer by deputization"
FAQ
What did CitroTech (CITR) director Craig Huff report in this Form 4?
Craig Huff reported receiving a grant of 41,667 CitroTech common shares as compensation for serving on the board. The filing also lists a separate, large indirect holding through BoltRock Holdings LLC with a disclaimer of full beneficial ownership.
What indirect CitroTech (CITR) holdings are associated with BoltRock Holdings LLC?
The Form 4 shows 3,357,467 CitroTech common shares held indirectly by BoltRock Holdings LLC. Craig Huff is BoltRock’s managing member and serves on CitroTech’s board, but he disclaims beneficial ownership of these shares except for his pecuniary interest in BoltRock.
Does Craig Huff’s CitroTech (CITR) Form 4 show any stock sales?
The Form 4 does not report any CitroTech stock sales by Craig Huff. It shows a compensatory grant acquiring 41,667 common shares and a separate indirect holding entry for shares held by BoltRock Holdings LLC, with no sell transactions listed.