Factorial Energy CFO discloses Form 3 holdings
Factorial Energy Inc. Chief Financial Officer Wei Richard filed a Form 3 reporting his existing equity stake in the company.
Rhea-AI Filing Summary
Factorial Energy Inc. Chief Financial Officer Wei Richard filed a Form 3 reporting his existing equity stake in the company. He holds 550,488 shares of Series A Common Stock directly. He also holds stock options over 293,472 shares at an exercise price of $2.64 per share, expiring on October 7, 2035, and options over 73,368 shares at an exercise price of $0.08 per share, expiring on September 5, 2029. One option grant is fully vested and exercisable, while the other vests in ten equal monthly installments after September 24, 2025, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Wei Richard
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Series A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 366,840 contracts (Direct);
Series A Common Stock — 550,488 shares (Direct)
Footnotes (2)
- F1. The shares underlying this option are fully vested and exercisable.
- F2. The shares underlying this option vest in ten equal monthly installments following September 24, 2025, subject to the Reporting Person's continued service on each such vesting date.
Key Figures
Direct Series A Common Stock holdings: 550,488 shares
Option grant at $2.64: 293,472 underlying shares at $2.64/share
Option grant at $0.08: 73,368 underlying shares at $0.08/share
+2 more
5 metrics
Direct Series A Common Stock holdings
550,488 shares
Reported on Form 3 as direct ownership
Option grant at $2.64
293,472 underlying shares at $2.64/share
Stock Option (Right to Buy), expires October 7, 2035
Option grant at $0.08
73,368 underlying shares at $0.08/share
Stock Option (Right to Buy), expires September 5, 2029
Fully vested option status
Fully vested and exercisable
Applies to one stock option grant per footnote
Vesting schedule for second option
Ten equal monthly installments
Vesting after September 24, 2025 with continued service
Key Terms
Form 3, Series A Common Stock, Stock Option (Right to Buy, exercise price, +2 more
6 terms
Form 3 regulatory
"CFO Wei Richard filed a Form 3 reporting his existing equity stake"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Series A Common Stock financial
"He holds 550,488 shares of Series A Common Stock directly"
Series A common stock is a specific class of a company’s ordinary shares issued during an early formal funding round, carrying the ownership rights and voting power tied to that class. For investors it signals an early-stage equity claim with potential upside if the business grows, but also greater risk and typically less liquidity than shares in mature, publicly traded firms—imagine buying a seat on a startup’s team before the company has proven itself.
Stock Option (Right to Buy financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"exercise price of $2.64 per share, expiring on October 7, 2035"
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.
fully vested and exercisable financial
"The shares underlying this option are fully vested and exercisable"
vest in ten equal monthly installments financial
"The shares underlying this option vest in ten equal monthly installments"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Wei Richard’s Form 3 filing for Factorial Energy (FAC) show?
The Form 3 shows that CFO Wei Richard already holds 550,488 Series A Common shares and stock options over an additional 366,840 shares. This establishes his initial reported ownership as a company officer rather than recording new share purchases or sales.
What stock options does the Factorial Energy (FAC) CFO hold according to the Form 3?
Wei Richard holds stock options over 293,472 shares at an exercise price of $2.64 per share, expiring on October 7, 2035, and options over 73,368 shares at $0.08 per share, expiring on September 5, 2029, all tied to Series A Common Stock.
Are the Factorial Energy (FAC) CFO’s stock options fully vested?
One option grant is fully vested and exercisable, while another vests in ten equal monthly installments after September 24, 2025. The vesting schedule requires Wei Richard’s continued service with Factorial Energy on each vesting date for those shares to become exercisable.
Does the Form 3 for Factorial Energy (FAC) report any insider buying or selling?
The Form 3 records holdings, not new trades. It lists Wei Richard’s existing shares and options but shows no open-market buy or sell transactions. Form 3 filings typically provide a baseline of insider ownership when someone becomes a reporting person.
What type of securities are covered in the Factorial Energy (FAC) CFO’s Form 3?
The filing covers Series A Common Stock and related Stock Options (Right to Buy) that are exercisable into Series A shares. It details both the number of underlying shares and the exercise prices and expiration dates associated with these option awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
