Fabric.AI (FABC) awards director 45,042 stock options at $3.70
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fabric.AI, Inc. director Sebastian Giordano reported receiving an employee stock option grant covering 45,042 shares of common stock at an exercise price of $3.70 per share, expiring on June 18, 2036.
According to the vesting terms, 25% of the options vested on the grant date, with additional 25% portions scheduled to vest on June 30, 2026, September 30, 2026, and December 31, 2026, so long as he continues providing services to the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GIORDANO SEBASTIAN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy | 45,042 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy — 45,042 shares (Direct, null)
Footnotes (1)
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Key Figures
Options granted: 45,042 options
Exercise price: $3.70 per share
Expiration date: June 18, 2036
+3 more
6 metrics
Options granted
45,042 options
Employee stock option grant to director Sebastian Giordano
Exercise price
$3.70 per share
Strike price of employee stock option grant
Expiration date
June 18, 2036
Option term end date for granted options
Initial vested portion
25% of 45,042 options
Vested on grant date
Future vesting dates
June 30, 2026; Sept 30, 2026; Dec 31, 2026
Three remaining 25% vesting tranches
Total options after grant
45,042 options
Total derivative holdings following transaction
Key Terms
Employee Stock Option, Common Stock, vesting, derivative, +1 more
5 terms
Employee Stock Option financial
"Employee Stock Option (Right to Buy"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
Common Stock financial
"underlying security title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vesting financial
"The stock options vest as follows: (i) 25% vested upon the date of grant; (ii) 25% will vest on June 30, 2026"
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.
derivative financial
"transaction_type: derivative"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
exercise price financial
"conversion_or_exercise_price: 3.7000"
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.
FAQ
What insider transaction did Fabric.AI (FABC) report for Sebastian Giordano?
Fabric.AI reported that director Sebastian Giordano received an employee stock option grant for 45,042 shares of common stock. The grant is a compensation award, not an open-market purchase, and is structured as a derivative security exercisable into common stock.
What is the exercise price of Sebastian Giordano’s Fabric.AI (FABC) stock options?
The granted options have an exercise price of $3.70 per share. This is the fixed price at which Giordano can buy Fabric.AI common stock under the option agreement, regardless of future market price movements during the option term.
How many Fabric.AI (FABC) options does Sebastian Giordano hold after this grant?
Following this transaction, Sebastian Giordano holds 45,042 employee stock options. These options are all from the reported grant and represent his derivative position as disclosed, subject to the specified vesting schedule and the long-term expiration date in 2036.
What is the vesting schedule for Sebastian Giordano’s Fabric.AI (FABC) stock options?
The options vest in four equal 25% installments: 25% vested on the grant date, and 25% will vest on June 30, 2026, another 25% on September 30, 2026, and the final 25% on December 31, 2026, contingent on continued service.
When do Sebastian Giordano’s Fabric.AI (FABC) stock options expire?
The employee stock options granted to Sebastian Giordano expire on June 18, 2036. After this expiration date, any unexercised portion of the 45,042 options will lapse, and he will no longer have the right to purchase shares under this grant.