Canton Strategic grants Sommers 53,763 stock options
The award has two future vesting dates, each contingent on continuous board service immediately before vesting.
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Rhea-AI Filing Summary
Canton Strategic Holdings, Inc. (CNTN) granted director Jill E. Sommers a direct option covering 53,763 common shares on October 23, 2026. The option has an exercise price of $1.86 per share and expires October 23, 2036. It was issued under the Non-Employee Director Compensation Policy as an annual director equity grant.
Of the shares subject to the option, 26,881 were vested as of October 23, 2026; 13,441 shall vest on November 1, 2026, and the remaining 13,441 shall vest on February 1, 2027. Each vesting date is subject to Sommers’s continuous service as a board member immediately before that date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F2, F1 | 53,763 | -- | -- |
Footnotes (2)
- F1. Grant of option to purchase Common Stock under the Issuer's Amended and Restated 2023 Omnibus Equity Incentive Plan. Of the shares subject to the option, (i) 26,881 shares were vested as of October 23, 2026, (ii) 13,441 shares shall vest on November 1, 2026, and (iii) the remaining 13,441 shares shall vest on February 1, 2027, in each case subject to the Reporting Person's continuous service as a member of the Issuer's board of directors immediately prior to the applicable vesting date.
- F2. This option was issued to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy as an annual director equity grant.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
Amended and Restated 2023 Omnibus Equity Incentive Plan financial
Non-Employee Director Compensation Policy financial
FAQ
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How many options did CNTN grant Jill E. Sommers, and what is the exercise price?
When do Jill E. Sommers’s CNTN options vest?
Under what policy did CNTN issue Jill E. Sommers’s option grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.