StealthGas (NASDAQ: GASS) director discloses fully vested 2,000-share stock option
Rhea-AI Filing Summary
StealthGas Inc. director Markos Drakos reports an existing stock option position rather than a new trade. The filing shows a fully vested option to acquire 2,000 shares of Common Stock at an exercise price of $6.43 per share, expiring on December 8, 2033. The entry is a holding update and does not reflect any recent purchase or sale activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DRAKOS MARKOS
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 2,000 shares (Direct)
Footnotes (1)
- F1. Fully vested.
Key Figures
Underlying shares: 2,000 shares
Exercise price: $6.43 per share
Option expiration: December 8, 2033
+2 more
5 metrics
Underlying shares
2,000 shares
Underlying common stock for reported stock option holding
Exercise price
$6.43 per share
Exercise price of Stock Option (Right to Buy)
Option expiration
December 8, 2033
Expiration date of reported stock option
Derivative position reported
1 option grant
Single Stock Option (Right to Buy) position held
Shares following transaction
2,000 underlying shares
Total underlying shares shown for this option after the holding entry
Key Terms
Stock Option (Right to Buy), Common Stock, exercise price, expiration date, +1 more
5 terms
Stock Option (Right to Buy) financial
"The filing lists a Stock Option (Right to Buy) as a holding."
Common Stock financial
"The underlying security title for the option is Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
exercise price financial
"The option’s exercise price is disclosed as $6.43 per share."
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.
expiration date financial
"The option’s expiration date is reported as December 8, 2033."
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.
fully vested financial
"A footnote states that the reported stock option is fully vested."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider position does StealthGas (GASS) director Markos Drakos report?
He reports holding a fully vested stock option for 2,000 shares of StealthGas common stock. The option represents the right to buy shares at a preset price and is disclosed as an existing derivative position rather than a new transaction.
What is the exercise price of the reported StealthGas (GASS) stock option?
The stock option has an exercise price of $6.43 per share. This means Drakos can purchase up to 2,000 StealthGas common shares at $6.43, regardless of the market price, any time before the option’s expiration date.
When does the StealthGas (GASS) director’s reported stock option expire?
The stock option reported by director Markos Drakos expires on December 8, 2033. After that date, the right to buy 2,000 underlying StealthGas common shares at $6.43 per share will lapse and can no longer be exercised.