Frontier Nuclear (FNUC) CEO reports stock options, RSU awards and shares
Rhea-AI Filing Summary
Frontier Nuclear & Minerals Inc. Chief Executive Officer Frank David Wheatley filed an amended initial ownership report detailing his equity holdings. As of March 18, 2026, he directly holds stock options over 19,230 common shares at an exercise price of $5.0000 expiring on July 14, 2026, and additional options over 500,000 common shares at $3.0800 expiring on February 23, 2031. He also holds restricted stock units (RSUs) covering 29,846, 65,674, and 25,000 common shares, which carry a $0.0000 exercise price and do not expire. The RSUs were granted under the company’s RSU plan and vest on future dates the CEO may elect, subject to plan limits, with some tranches tied to dates such as July 1, 2026 and performance conditions including the issuer’s market capitalization exceeding US$150,000,000 for 10 consecutive trading days, and with provisions for accelerated vesting upon a Change of Control or if accelerated by the board. In addition, he directly owns 7,692 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
- The Stock Options are fully vested. The Stock Options were granted on February 23, 2026 under the Issuers option plan. The Stock Options vest in accordance with the following schedule: (i) 50% vest on February 23, 2027 and (ii) 50% vest on February 23, 2028. The Restricted Share Units (RSUs) were granted on July 21, 2025 under the Issuers restricted share unit award plan (RSU Plan). The RSUs will vest on such date as the Reporting Person may elect provided such date is within the time period allowed under the RSU Plan. The RSUs do not expire. Each RSU represents a contingent right to receive one Common Share or the cash equivalent thereof as allowed under the RSU plan. The RSUs were granted on February 23, 2026 under the Issuers RSU Plan. The RSUs will vest as to the number of shares indicated and, on the later of (i) July 1, 2026; and (ii) such date as the Reporting Person may elect provided such date is within the time period allowed under the RSU Plan. Notwithstanding any provisions within the RSU Plan to the contrary, the RSUs shall be entitled to immediate vest upon the occurrence of a Change of Control (as defined in the RSU Plan) or if vesting is accelerated by the Issuers Board of Directors. The RSUs were granted on February 23, 2026 under the Issuers RSU Plan. The RSUs will vest on the later of (i) the earlier of (y) January 1, 2027, or (z) the market capitalization of the Issuer exceeding US$150,000,000 for 10 consecutive trading days; and (ii) such date as the Reporting Person may elect, provided such date is within the time period allowed under the RSU Plan.
