KUSTOM CFO granted 22,500 stock options at $2.04
KUSTOM ENTERTAINMENT, INC. reported that its CFO, Treasurer & Secretary, Thomas J. Heckman, received an equity incentive in the form of employee stock options.
Rhea-AI Filing Summary
KUSTOM ENTERTAINMENT, INC. reported that its CFO, Treasurer & Secretary, Thomas J. Heckman, received an equity incentive in the form of employee stock options. On January 22, 2026, the board awarded him options to acquire 22,500 shares of common stock.
The options have an exercise price of $2.04 per share, matching the closing price of the common stock on the Nasdaq Capital Market on that date. These options will vest 100% on January 22, 2027, provided he remains an officer through that date. The filing also notes a reverse stock split that occurred on January 8, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 22,500 | $0.00 | $0.00 |
Footnotes (2)
- F1. Reflects that reverse stock split, which occurred on January 8, 2026.
- F2. On January 22, 2026, the Board of Directors awarded the Reporting Person the options to acquire 22,500 shares of common stock, effective as of January 22, 2026, under its 2022 Stock Option and Restricted Stock Plan. The exercise price on such options to acquire common stock granted will be $2.04 per share, the closing price of the Common Stock on the Nasdaq Capital Market on January 22, 2026, and 100% of the options awarded will vest on January 22, 2027, contingent upon the Reporting Person remaining an officer on such date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did KUSTOM ENTERTAINMENT (KUST) disclose about CFO Thomas Heckman’s equity grant?
What is the exercise price of the new stock options granted to KUST’s CFO?
When do Thomas Heckman’s KUSTOM ENTERTAINMENT (KUST) options vest?
What plan governs the KUSTOM ENTERTAINMENT (KUST) stock options granted to the CFO?
Did KUSTOM ENTERTAINMENT note any recent reverse stock split in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.