Fabric.AI director awarded 45,042 stock options
SCHIFFMAN GREGORY T reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
SCHIFFMAN GREGORY T reported acquisition or exercise transactions in this Form 4 filing.
Fabric.AI, Inc. director Gregory T. Schiffman received a grant of 45,042 employee stock options to buy common stock at $3.70 per share. All 45,042 options are held directly after the grant and expire on June 18, 2036.
The options vest in four equal 25% installments: 25% vested on the grant date, and 25% will vest on June 30, 2026, September 30, 2026, and December 31, 2026, if he continues providing services to the company.
Insider Trade Summary
Grant/Award: 45,042 shares
Grant/Award
1 txn
Insider
SCHIFFMAN GREGORY T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy | 45,042 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Option (Right to Buy — 45,042 contracts (Direct)
Holdings Before and After:
Employee Stock Option (Right to Buy, 0 to 45,042 contracts (Direct)
Footnotes (1)
- F1. The stock options vest as follows: (i) 25% vested upon the date of grant; (ii) 25% will vest on June 30, 2026, (iii) 25% will vest on September 30, 2026, and (iv) 25% will vest on December 31, 2026, provided that the Reporting Person remains employed by or providing services to the Issuer on the applicable vesting date.
Key Figures
Option grant size: 45,042 options
Exercise price: $3.70 per share
Options after transaction: 45,042 options
+2 more
5 metrics
Option grant size
45,042 options
Employee stock option grant to director
Exercise price
$3.70 per share
Strike price for underlying common stock
Options after transaction
45,042 options
Total derivative securities held following grant
Expiration date
June 18, 2036
Option term end date
Immediate vesting portion
25% of grant
Vested on grant date
Key Terms
Employee Stock Option, Common Stock, vesting, expiration date
4 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"
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": "2036-06-18T00:00:00.000Z""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Fabric.AI (FABC) report for Gregory T. Schiffman?
Fabric.AI reported that director Gregory T. Schiffman received 45,042 employee stock options. These options give him the right to buy common stock at $3.70 per share and represent a compensation-related award rather than an open-market purchase or sale.
What is the exercise price and size of the new Fabric.AI (FABC) stock option grant?
The grant covers 45,042 employee stock options with an exercise price of $3.70 per share. All 45,042 options relate to Fabric.AI common stock and are held directly by Gregory T. Schiffman following this award.
How do the Fabric.AI (FABC) options granted to Gregory T. Schiffman vest?
The 45,042 options vest in four equal 25% tranches. Twenty‑five percent vested on the grant date, with additional 25% portions vesting on June 30, 2026, September 30, 2026, and December 31, 2026, contingent on continued service to Fabric.AI.
When do Gregory T. Schiffman’s Fabric.AI (FABC) stock options expire?
The employee stock options granted to Gregory T. Schiffman expire on June 18, 2036. He may choose to exercise vested portions any time before expiration, subject to the option terms and the stated $3.70 per share exercise price.
Is Gregory T. Schiffman’s Fabric.AI (FABC) Form 4 transaction a market buy or sell?
The Form 4 reports a grant of employee stock options, not a market buy or sell. The transaction is classified as a grant or award acquisition, with no open‑market purchase or sale of Fabric.AI common shares disclosed in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
