Spectral Capital (FCCN) director discloses 100,000-share option grant details
Rhea-AI Filing Summary
Spectral Capital Corp director Werner Gottfried has reported his initial beneficial ownership in the company. He holds a non-qualified stock option giving him the right to buy 100,000 shares of common stock at an exercise price of $3.99 per share. The option becomes exercisable starting on February 3, 2026 and vests monthly over 24 months until it is fully vested, with an expiration date of January 3, 2031. The filing shows this option is held directly by him.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Non Qualified Stock Option (right to buy) | -- | -- | -- |
Footnotes (1)
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FAQ
What insider position was reported for SPECTRAL CAPITAL Corp (FCCN)?
Director Werner Gottfried reported beneficial ownership of a non-qualified stock option to purchase 100,000 shares of common stock of SPECTRAL CAPITAL Corp.
What are the key terms of Werner Gottfried's stock option in FCCN?
The option covers 100,000 common shares at an exercise price of $3.99 per share, is first exercisable on February 3, 2026, and expires on January 3, 2031.
How does Werner Gottfried's FCCN option vest?
According to the footnote, the stock option vests monthly over 24 months beginning February 3, 2026, gradually becoming fully exercisable over that period.
Is Werner Gottfried's FCCN stock option held directly or indirectly?
The filing identifies the ownership form as Direct (D), indicating the option is held directly by Werner Gottfried rather than through another entity.
What role does Werner Gottfried have at SPECTRAL CAPITAL Corp (FCCN)?
The filing states that Werner Gottfried is a director of SPECTRAL CAPITAL Corp and does not indicate officer or 10% owner status.
What type of SEC filing reported Werner Gottfried's FCCN holdings?
This information comes from an initial insider ownership report (Form 3) disclosing Werner Gottfried's derivative security position in SPECTRAL CAPITAL Corp.