Americas CarMart (CRMT) CFO receives 16,687 stock options at $7.37 strike price
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Americas CarMart Inc. Chief Financial Officer Jonathan M. Collins received a grant of stock options covering 16,687 shares of common stock. The options have an exercise price of $7.37 per share and expire on June 3, 2036. According to the footnote, the award vests in four equal annual installments beginning on June 3, 2027, meaning the options become exercisable gradually over four years. After this grant, Collins holds derivative rights to 16,687 shares through these options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Collins Jonathan M.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 16,687 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 16,687 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 16,687 options
Exercise price: $7.37 per share
Expiration date: June 3, 2036
+3 more
6 metrics
Options granted
16,687 options
Employee stock option award to CFO
Exercise price
$7.37 per share
Strike price for the stock options
Expiration date
June 3, 2036
Option term end date
Underlying shares
16,687 shares
Common stock covered by the options
Post-transaction derivative holdings
16,687 options
Total derivative position after grant
Vesting start date
June 3, 2027
First of four equal annual installments
Key Terms
Employee Stock Option (Right to Buy), exercise price, vesting, expiration date, +1 more
5 terms
Employee Stock Option (Right to Buy) financial
"security_title: "Employee Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price": "7.3700""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"award of stock options which will vest in four equal annual installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date": "2036-06-03T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Americas CarMart (CRMT) CFO Jonathan Collins report on this Form 4?
Jonathan Collins reported receiving a grant of stock options for 16,687 shares of Americas CarMart common stock. These options are a compensation award, not an open-market purchase or sale, and increase his derivative-based exposure to the company’s equity.
What is the exercise price of the CRMT stock options granted to the CFO?
The stock options granted to the CFO carry an exercise price of $7.37 per share. This is the price he must pay per share to convert the options into common stock once they have vested and while they remain outstanding before expiration.
When do Jonathan Collins’ CRMT stock options vest and become exercisable?
The stock options vest in four equal annual installments beginning on June 3, 2027. Each year, one-quarter of the 16,687 options becomes exercisable, spreading full vesting over four years and aligning the award with longer-term service at the company.
When do the stock options granted to the Americas CarMart CFO expire?
The options granted to the Americas CarMart CFO expire on June 3, 2036. After that date, any unexercised options will lapse and can no longer be converted into shares, limiting the time window to benefit from the award.
How many CRMT derivative securities does the CFO hold after this option grant?
Following this transaction, the CFO holds derivative rights over 16,687 shares through this stock option award. The Form 4 shows these options as his total reported derivative position related to Americas CarMart at the time of the filing.