Canton Strategic awards CEO 1.03M stock units
The award is subject to continued employment through each vesting date, and vested units will be settled in common shares.
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Rhea-AI Filing Summary
Canton Strategic Holdings, Inc. (CNTN) reported that Chief Executive Officer Mark Paul Wendland received an award of 1,031,821 restricted stock units on October 23, 2026. Subject to his continued employment through each vesting date, 25% vest on November 6, 2026, and the remaining 75% vest in twelve equal quarterly installments over the following 36 months. Each unit represents a contingent right to receive one common share upon vesting; vested units will be settled in common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 1,031,821 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock upon vesting, without payment of an exercise price.
- F2. Represents the time-based portion of a restricted stock unit award granted to the reporting person on October 23, 2026 under the Tharimmune, Inc. Amended and Restated 2023 Omnibus Equity Incentive Plan, as amended. Subject to the reporting person's continued employment through each vesting date, 25% of these restricted stock units vest on November 6, 2026, and the remaining 75% vest in twelve equal quarterly installments over the following 36 months.
- F3. The restricted stock units do not have an expiration date. Vested restricted stock units will be settled in shares of the Issuer's common stock.
Key Figures
Key Terms
restricted stock unit financial
time-based portion financial
quarterly installments financial
FAQ
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How many CNTN restricted stock units did CEO Mark Paul Wendland receive?
When do Mark Paul Wendland's CNTN restricted stock units vest?
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