Castellum CEO buys shares, receives option grant
Castellum, Inc. President and CEO Glen R. Ives increased his stake through a small share purchase and a large option grant.
Rhea-AI Filing Summary
Castellum, Inc. President and CEO Glen R. Ives increased his stake through a small share purchase and a large option grant. He bought 1,262 shares of common stock at $0.612 per share under the 2025 Employee Stock Purchase Plan, at a 15% discount to the June 30, 2026 closing price.
Following this purchase, he directly owns 200,878 common shares. In connection with a July 1, 2026 amendment to his employment agreement, he was also granted 773,630 stock options under the Third Amended 2021 Stock Incentive Plan, exercisable at $0.73 per share, vesting ratably over eighteen months and expiring in 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,262 shares
Net Buy
2 txns
Insider
Ives Glen R
Role
President
Bought
1,262 shs ($772.34)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 773,630 | $0.00 | $0.00 |
| Purchase | Common Stock | 1,262 | $0.612 | $772.34 |
Holdings After Transaction:
Stock Options — 773,630 contracts (Direct);
Common Stock — 200,878 shares (Direct)
Footnotes (2)
- F1. Pursuant to the terms of the Castellum, Inc. 2025 Employee Stock Purchase Plan, the reporting person purchased 1,262 shares of common stock of the Registrant. The per share purchase price was calculated at a discount of fifteen percent to the closing price of the Registrant's common stock as quoted on the NYSE American LLC on June 30, 2026.
- F2. In connection with the July 1, 2026 second amendment to his employment agreement dated July 1, 2024, Mr. Ives received 773,630 stock options issued pursuant to the Castellum, Inc. Third Amended 2021 Stock Incentive Plan to purchase 773,630 shares of common stock which vest ratably over eighteen months. The exercise price is the closing price of the Registrant's common stock as quoted on the NYSE American LLC on the date of grant.
Key Figures
Open-market ESPP purchase: 1,262 shares at $0.612
Common shares held: 200,878 shares
Option grant size: 773,630 options
+4 more
7 metrics
Open-market ESPP purchase
1,262 shares at $0.612
Common stock bought on July 1, 2026 under 2025 ESPP
Common shares held
200,878 shares
Direct ownership after July 1, 2026 transactions
Option grant size
773,630 options
Stock options to buy common shares granted July 1, 2026
Option exercise price
$0.73 per share
Exercise price equals closing price on grant date
Option vesting schedule
18 months ratable
Options vest evenly over eighteen months
Option expiration
2033-06-30
Expiration date for 773,630 stock options
ESPP discount
15%
Purchase price discount to June 30, 2026 closing price
Key Terms
Employee Stock Purchase Plan, Third Amended 2021 Stock Incentive Plan, stock options, exercise price, +1 more
5 terms
Employee Stock Purchase Plan financial
"Pursuant to the terms of the Castellum, Inc. 2025 Employee Stock Purchase Plan, the reporting person purchased 1,262 shares"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Third Amended 2021 Stock Incentive Plan financial
"stock options issued pursuant to the Castellum, Inc. Third Amended 2021 Stock Incentive Plan to purchase 773,630 shares"
stock options financial
"Mr. Ives received 773,630 stock options issued pursuant to the Castellum, Inc. Third Amended 2021 Stock Incentive Plan"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"The exercise price is the closing price of the Registrant's common stock as quoted on the NYSE American LLC"
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.
vest ratably financial
"to purchase 773,630 shares of common stock which vest ratably over eighteen months"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Castellum (CTM) CEO Glen R. Ives report?
Glen R. Ives reported buying 1,262 Castellum common shares and receiving 773,630 stock options. The share purchase was through the 2025 Employee Stock Purchase Plan, while the options were granted under the Third Amended 2021 Stock Incentive Plan tied to his employment agreement.
What are the key terms of the 773,630 stock options granted to the Castellum (CTM) CEO?
The CEO received 773,630 stock options to purchase Castellum common stock at a $0.73 exercise price. These options vest ratably over eighteen months and expire in 2033, providing long-term equity-based compensation linked to his amended employment agreement effective July 1, 2026.
Which Castellum (CTM) incentive plans were involved in the CEO’s Form 4 transactions?
Two plans were involved: the 2025 Employee Stock Purchase Plan for the 1,262-share purchase, and the Castellum, Inc. Third Amended 2021 Stock Incentive Plan for the 773,630 stock option grant. Both transactions relate to Glen R. Ives’ ongoing compensation and share ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
