FitLife CFO granted 4,000 stock options at $9.79
Fitlife Brands’ CFO received a time-vested grant of 4,000 stock options at a $9.79 exercise price as part of equity compensation.
Rhea-AI Filing Summary
FITLIFE BRANDS, INC. (FTLF) reported that its Chief Financial Officer, Jakob York, received a grant of stock options on August 28, 2026. The award covers 4,000 stock options with an exercise price of $9.79 per share, expiring on August 28, 2031. The options vest one-third on the first anniversary of the grant date and one-third on each subsequent anniversary, subject to continued service, and represent a new compensation-related equity award rather than a market purchase or sale. No Rule 10b5-1 trading plan is reported for this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 4,000 shares
Grant/Award
1 txn
Insider
York Jakob
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options F1 | 4,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Options — 4,000 contracts (Direct)
Footnotes (1)
- F1. The stock options will vest one-third on the first anniversary of the grant date, and one-third on each subsequent anniversary, subject to continued service.
Key Figures
Stock options granted: 4,000 options
Exercise price: $9.79 per share
Expiration date: August 28, 2031
+2 more
5 metrics
Stock options granted
4,000 options
Grant to CFO on August 28, 2026
Exercise price
$9.79 per share
Exercise price of CFO’s stock option grant
Expiration date
August 28, 2031
Option term for the 4,000 granted stock options
Shares underlying options
4,000 shares of Common Stock
Underlying security for the stock option grant
Post-transaction derivative holdings from this grant
4,000 options
Total stock options held from this reported award after the transaction
Key Terms
Stock Options, exercise price, vesting, expiration date
4 terms
Stock Options financial
"The award covers 4,000 stock options with an exercise price"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"with an exercise price of $9.79 per share, expiring"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"The stock options will vest one-third on the first anniversary"
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.
expiration date financial
"with an exercise price of $9.79 per share, expiring on August 28, 2031"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What equity award did FTLF grant to its CFO on August 28, 2026?
Fitlife Brands granted its CFO, Jakob York, 4,000 stock options on August 28, 2026, with an exercise price of $9.79 per share and an expiration date of August 28, 2031.
How do the new FTLF stock options granted to the CFO vest?
The 4,000 stock options vest one-third on the first anniversary of the grant date and one-third on each subsequent anniversary, subject to the CFO’s continued service.
Is the FTLF CFO’s August 2026 stock option grant a market purchase or sale?
No. The Form 4 shows a grant or award acquisition of 4,000 stock options to the CFO as part of compensation, not a market purchase or sale of common stock.
What is the exercise price and expiration date of the FTLF CFO’s options?
The CFO’s stock options have an exercise price of $9.79 per share and an expiration date of August 28, 2031, as reported in the Form 4.
Were the FTLF CFO’s options granted under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed, so no Rule 10b5-1 trading plan is reported in connection with this grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.