Factorial Energy director files initial ownership
Factorial Energy Inc. director Meidar Liad Y filed an initial ownership report showing indirect and direct holdings of Series A Common Stock and a stock option position.
Rhea-AI Filing Summary
Factorial Energy Inc. director Meidar Liad Y filed an initial ownership report showing indirect and direct holdings of Series A Common Stock and a stock option position. The filing lists stakes held through GVP Climate Fund I LP, Gatemore Special Opportunities Fund Ltd, Elm Tree Investments LLC, and certain trusts, with beneficial ownership disclaimed except for any pecuniary interest. It also discloses a stock option for 183,420 shares of Series A Common Stock at an exercise price of $2.6400 per share, expiring on October 7, 2035, with 25% vesting on September 4, 2026 and the remainder in 36 monthly installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
MEIDAR LIAD Y
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Series A Common Stock | -- | -- | -- |
| holding | Series A Common Stock | -- | -- | -- |
| holding | Series A Common Stock | -- | -- | -- |
| holding | Series A Common Stock | -- | -- | -- |
| holding | Series A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 183,420 contracts (Direct);
Series A Common Stock — 761,964 shares (Direct);
Series A Common Stock — 446,782 shares (Indirect, By trusts);
Series A Common Stock — 556,193 shares (Indirect, By Elm Tree Investments LLC);
Series A Common Stock — 1,152,137 shares (Indirect, By Gatemore Special Opportunities Fund Ltd);
Series A Common Stock — 108,874 shares (Indirect, By GVP Climate Fund I LP)
Footnotes (5)
- F1. Shares held by trusts of which the Reporting Person serves as investment trustee. The Reporting Person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
- F2. Shares held by Elm Tree Investments LLC, of which the Reporting Person is the manager. The Reporting Person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
- F3. Shares held by Gatemore Special Opportunities Fund Ltd, of which the Reporting Person is the portfolio manager. The Reporting Person disclaims beneficial ownership except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
- F4. Shares held by GVP Climate Fund I LP, of which the Reporting Person has investment decision-making power as one of the managing members of the ultimate general partner of such fund. The Reporting Person disclaims beneficial ownership except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that such shares are beneficially owned by him for Section 16 or any other purpose.
- F5. 25% of the shares underlying this option shall vest on September 4, 2026, with the remainder vesting in thirty-six equal monthly installments thereafter, subject to the Reporting Person's continued service on each such vesting date.
Key Figures
Direct Series A Common Stock: 761,964 shares
GVP Climate Fund I LP indirect holding: 108,874 shares
Gatemore Special Opportunities Fund Ltd holding: 1,152,137 shares
+5 more
8 metrics
Direct Series A Common Stock
761,964 shares
Direct ownership following Form 3 reporting
GVP Climate Fund I LP indirect holding
108,874 shares
Indirect Series A Common Stock held by GVP Climate Fund I LP
Gatemore Special Opportunities Fund Ltd holding
1,152,137 shares
Indirect Series A Common Stock held by Gatemore Special Opportunities Fund Ltd
Elm Tree Investments LLC holding
556,193 shares
Indirect Series A Common Stock held by Elm Tree Investments LLC
Trusts holding
446,782 shares
Indirect Series A Common Stock held by trusts
Stock option underlying shares
183,420 shares
Underlying Series A Common Stock for stock option
Stock option exercise price
$2.6400 per share
Exercise price for stock option (right to buy)
Option expiration date
October 7, 2035
Expiration date of stock option
Key Terms
Form 3, beneficial ownership, pecuniary interest, Stock Option (Right to Buy, +1 more
5 terms
Form 3 regulatory
"director Meidar Liad Y filed an initial ownership report on Form 3"
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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership except to the extent of any pecuniary interest therein"
Stock Option (Right to Buy financial
"security title is listed as Stock Option (Right to Buy) with an exercise price"
vesting financial
"25% of the shares underlying this option shall vest on September 4, 2026, with the remainder vesting in thirty-six equal monthly installments"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Meidar Liad Y's Form 3 for Factorial Energy (FAC) report?
The Form 3 reports Meidar Liad Y’s initial ownership in Factorial Energy Inc., including direct and indirect holdings of Series A Common Stock and a stock option. It establishes his baseline position as a director for future Form 4 transaction reporting.
What indirect holdings are disclosed in the Factorial Energy (FAC) Form 3?
Indirect holdings are reported through GVP Climate Fund I LP, Gatemore Special Opportunities Fund Ltd, Elm Tree Investments LLC, and certain trusts. The reporting person disclaims beneficial ownership of these shares except to the extent of any pecuniary interest.
What are the key terms of Meidar Liad Y's stock option in Factorial Energy (FAC)?
The Form 3 lists a stock option over 183,420 shares of Series A Common Stock at an exercise price of $2.6400 per share. It expires on October 7, 2035 and represents a right to buy, not current stock ownership.
How does the stock option for Factorial Energy (FAC) vest for Meidar Liad Y?
According to the footnote, 25% of the shares underlying the option vest on September 4, 2026. The remaining 75% then vest in thirty-six equal monthly installments, subject to his continued service on each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
