STOCK TITAN

Greenbriar Sustainable Living Inc. (OTC: GEBRF) cuts option price and extends term

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Greenbriar Sustainable Living Inc. repriced and extended 500,000 incentive stock options held by certain advisors under its previously approved Stock Option Plan. These options were originally exercisable at $1.00 per share and scheduled to expire on December 31, 2026.

The terms are now adjusted to an exercise price of $0.63 per share with a new expiry date of December 31, 2028. The company notes that forward-looking statements related to stock options and any required TSX Venture Exchange acceptance are subject to risks and uncertainties described in its disclosures on SEDAR+.

Positive

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Options repriced 500,000 options Aggregate incentive stock options to certain advisors repriced and extended
Original exercise price $1.00 per share Exercise price of the options before repricing
New exercise price $0.63 per share Exercise price after repricing of advisor options
Original expiry date December 31, 2026 Previous expiration date of the affected options
New expiry date December 31, 2028 Extended expiration date of the repriced options
incentive stock options financial
"repriced and extended an aggregate of 500,000 incentive stock options"
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.
Stock Option Plan financial
"to certain advisors of the Company pursuant to the Company's previously approved Stock Option Plan"
A stock option plan is a company program that gives employees the right to buy company shares at a preset price after a certain time, like a coupon allowing purchase later at a fixed rate. It matters to investors because these options can increase the number of shares outstanding — reducing each existing share’s ownership slice and potentially changing per-share results — while also aligning employee incentives with boosting the company’s value.
forward-looking statements regulatory
"This news release may contain "forward-looking information" and "forward-looking statements""
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
TSX Venture Exchange regulatory
"required acceptance or approval by the TSX Venture Exchange"
A junior stock exchange in Canada where smaller, early-stage companies list shares to raise capital and gain public visibility. Think of it as a farmers’ market for young businesses: it offers investors a chance to buy into fast-growing but higher-risk ventures, with looser listing rules and typically lower liquidity than major exchanges. It matters because performance and financing on this exchange can signal growth prospects or risk for investors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stock option change did Greenbriar (GEBRF) announce on July 17, 2026?

Greenbriar Sustainable Living Inc. repriced and extended 500,000 incentive stock options held by certain advisors. The options’ exercise price and expiry date were amended under the company’s previously approved Stock Option Plan as part of this compensation-related adjustment.

How many Greenbriar (GEBRF) options were affected and who are the beneficiaries?

The company adjusted 500,000 incentive stock options granted to certain advisors of Greenbriar. These options are issued under the company’s Stock Option Plan, aligning advisor compensation with the long-term performance of the business.

What are the new exercise price and expiry date for Greenbriar (GEBRF) advisor options?

The repriced advisor options now carry an exercise price of $0.63 per share and a new expiry date of December 31, 2028. Previously, they were exercisable at $1.00 per share and were set to expire on December 31, 2026.

What were the original terms of the repriced Greenbriar (GEBRF) options?

Before this change, the affected incentive stock options totaled 500,000, had an exercise price of $1.00 per share, and were scheduled to expire on December 31, 2026. The company has now reduced the price and extended the term.

Under what plan were Greenbriar (GEBRF) options repriced and extended?

The revised options were issued pursuant to Greenbriar’s previously approved Stock Option Plan. This plan governs the grant and terms of incentive stock options used to compensate and align advisors and other participants with the company’s strategic objectives.

Does the Greenbriar (GEBRF) update mention regulatory or exchange approvals?

The news release notes that forward-looking statements include matters such as the grant of incentive stock options and any required acceptance or approval by the TSX Venture Exchange. It cautions that such statements involve risks and uncertainties.

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2026

Commission File No. 000-56391

Greenbriar Sustainable Living Inc.
(Translation of registrant's name into English)

632 Foster Avenue
Coquitlam, British Columbia, Canada V3J 2L7

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F

Form 20-F  Form 40-F 


SUBMITTED HEREWITH

Exhibits

Exhibit   Description
   
99.1   News Release dated July 17, 2026


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Greenbriar Sustainable Living Inc.

/s/ Jeff Ciachurski
______________________________________
Jeff Ciachurski
Chief Executive Officer

Date: July 17, 2026




Greenbriar Sustainable Living Inc.
Greenbriar Capital Holdco Inc. 
Greenbriar Capital (US) LLC

632 Foster Avenue, Coquitlam, British Columbia, Canada V3J 2L7
Phone: 949.903.5906    Fax: 604.608.9572
www.greenbriarliving.com

NEWS RELEASE

Greenbriar Announces Repricing and Extension of Stock Options

Scottsdale, Arizona, July 17, 2026 - Greenbriar Sustainable Living Inc. (TSXV: GRB) (OTC: GEBRF) ("Greenbriar" or the "Company") announces that it has repriced and extended an aggregate of 500,000 incentive stock options (the "Options") to certain advisors of the Company pursuant to the Company's previously approved Stock Option Plan. The Options were previously priced at $1.00 per share expiring on December 31st, 2026. The reprice and extension will be $0.63 per share and December 31st, 2028 respectively. 

About Greenbriar Sustainable Living Inc.

Greenbriar is a leading developer of sustainable real estate and renewable energy. With long-term, high impact projects and led by a successful industry-recognized operating and development team, Greenbriar targets deep valued assets directed at accretive shareholder value.

ON BEHALF OF THE BOARD OF DIRECTORS

"Jeff Ciachurski"

Jeffrey J. Ciachurski
Chief Executive Officer and Director
Phone: 949.903.5906

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements in this news release include statements regarding the grant of incentive stock options and any required acceptance or approval by the TSX Venture Exchange. Forward-looking statements are based on management's current expectations, estimates, assumptions and beliefs, and are subject to known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking statements.

There can be no assurance that such forward-looking statements will prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements. Additional information regarding risks and uncertainties applicable to the Company is available under the Company's profile on SEDAR+ at www.sedarplus.ca. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by applicable law.

 

“Greenbriar Capital Corp. was recognized as a TSX Venture 50® company in 2014 and 2023. 
TSX Venture 50 is a trade-mark of TSX Inc. and is used under license.”

TSX Venture Exchange Symbol: GRB | US OTC Symbol: GEBRF

Filing Exhibits & Attachments

1 document