GBank Financial (GBFH) secretary discloses 25,000 options and stock stake
Rhea-AI Filing Summary
GBank Financial Holdings Inc. officer Hilary R. Sledge-Sarnor, Corporate Secretary, filed an initial statement of beneficial ownership. She holds 25,000 Incentive Stock Options on Common Stock at an exercise price of $38.81 per share, expiring October 20, 2035, vesting in five equal annual installments from October 20, 2026 through 2030, and directly owns 1,900 shares of Common Stock. No buy or sell transactions are reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sledge-Sarnor Hilary R
Role
Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Incentive Stock Options F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Incentive Stock Options — 25,000 shares (Direct);
Common Stock — 1,900 shares (Direct)
Footnotes (1)
- F1. The options were granted on October 20, 2025 and vest in five (5) equal annual installments on October 20, 2026, 2027, 2028, 2029, and 2030.
Key Figures
Incentive Stock Options underlying shares: 25000.0000 shares
Exercise price of Incentive Stock Options: $38.8100 per share
Options expiration date: 2035-10-20
+3 more
6 metrics
Incentive Stock Options underlying shares
25000.0000 shares
Underlying Common Stock for Incentive Stock Options held by Hilary R. Sledge-Sarnor
Exercise price of Incentive Stock Options
$38.8100 per share
Exercise price for 25,000 Incentive Stock Options on Common Stock
Options expiration date
2035-10-20
Expiration date of the reported Incentive Stock Options
Directly held Common Stock
1900.0000 shares
Non-derivative Common Stock directly owned by Hilary R. Sledge-Sarnor
Option grant date
2025-10-20
Grant date of Incentive Stock Options, per footnote
Vesting period
2026-10-20 to 2030-10-20
Five equal annual vesting dates for the Incentive Stock Options
Key Terms
Incentive Stock Options, vesting, exercise price, expiration date
4 terms
Incentive Stock Options financial
"Incentive Stock Options representing 25000.0000 shares of Common Stock"
Incentive stock options are a type of employee stock option that gives eligible workers the right to buy company shares at a fixed price later on, often below future market value. They matter to investors because they align employee incentives with company performance, can dilute existing ownership when exercised, and create potential tax advantages for option holders if certain holding-time rules are met — think of them as a coupon to buy stock at today’s price with extra tax rules attached.
vesting financial
"The options were granted on October 20, 2025 and vest in five (5) equal annual installments"
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.
exercise price financial
"exercisePrice": "38.8100" for the Incentive Stock Options on Common Stock"
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
"expiration_date": "2035-10-20" for the Incentive Stock Options position"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 3 for GBFH report about Hilary R. Sledge-Sarnor’s holdings?
The Form 3 shows that Hilary R. Sledge-Sarnor holds 25,000 Incentive Stock Options and 1,900 shares of GBank Financial common stock. This filing establishes her initial reported beneficial ownership position as Corporate Secretary.
How many stock options does the GBFH Corporate Secretary report on Form 3?
Hilary R. Sledge-Sarnor reports 25,000 Incentive Stock Options on GBank Financial common stock. These options carry an exercise price of $38.81 per share and are scheduled to expire on October 20, 2035.
What is the vesting schedule of the 25,000 Incentive Stock Options reported for GBFH?
The 25,000 Incentive Stock Options were granted on October 20, 2025 and vest in five equal annual installments. Vesting occurs on October 20 of each year from 2026 through 2030, aligning the award with a multi‑year service period.
What direct common stock ownership does Hilary R. Sledge-Sarnor report in GBFH?
She reports direct ownership of 1,900 shares of GBank Financial common stock. This is separate from her 25,000 Incentive Stock Options and represents currently held, non-derivative equity as of the Form 3 reporting date.
Are any buy or sell transactions disclosed in this GBFH Form 3 filing?
No. The Form 3 for GBFH only reports existing holdings—25,000 Incentive Stock Options and 1,900 common shares. It does not disclose any purchases, sales, or other transactional activity by Hilary R. Sledge-Sarnor.