First Breach rescinds CEO's 6M-share stock award
The agreement states no consideration was paid or promised to either party to induce assent to rescission of the January 23, 2026 award.
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. CEO and director Jeffrey Irwin Low reported a disposition of 6,000,000 common shares on September 28, 2026, through rescission ab initio of a restricted stock award. The award, made January 23, 2026, was rescinded in its entirety under an agreement between Low and the issuer; no consideration was paid or promised to either party to induce assent. Low reported direct holdings of 14,607,100 shares following the transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1, F2 | 6,000,000 | -- | -- |
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
ab initio technical
Restricted Stock Award Rescission Agreement financial
Restricted Stock Award Agreement financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.