First Breach rescinds COO's 4M-share stock award
The agreement rescinded the award ab initio, and neither party paid or promised consideration for the rescission.
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.
Rhea-AI Filing Summary
First Breach, Inc. President, COO and director Jordan Zachary Low reported the disposition of 4,000,000 shares on September 28, 2026, under an agreement with the company to rescind in full a restricted stock award made January 23, 2026. The rescission was ab initio, and no consideration was paid or promised to either party. Low directly held 1,762,400 shares following the transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1, F2 | 4,000,000 | -- | -- |
Footnotes (2)
- F1. Pursuant to a Restricted Stock Award Rescission Agreement, each of Reporting Person and Issuer (each a "Party") agreed to rescind ab initio in its entirety that certain award of restricted stock (the "Award") to Reporting Person made January 23, 2026, and to revoke in full the terms and conditions set forth in the Reporting Person's Restricted Stock Award Agreement. No consideration was paid or promised to either Party in order to induce assent to the rescission of the Award.
- F2. Not applicable. See footnote 1.
Key Figures
Key Terms
Restricted Stock Award Rescission Agreement financial
ab initio regulatory
consideration financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.