GenFlat director reports 12,418 shares, 10K options
Amended Form 3 for GenFlat director Jenkin Thomas M adds previously omitted option and common share holdings as of February 4, 2026.
Rhea-AI Filing Summary
GenFlat Holdings, Inc. (GFLT) reports an amended initial ownership statement for director Jenkin Thomas M to correct a prior omission of derivative holdings. The amendment shows that as of February 4, 2026, he held 12,418 shares of common stock directly and a stock option to acquire 10,000 shares of common stock at an exercise price of $10.25 per share, expiring on February 4, 2031. The option award vests 25% at the end of every fiscal quarter, with any unvested portion subject to forfeiture.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
JENKIN THOMAS M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock option (Right to buy) F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock option (Right to buy) — 10,000 contracts (Direct);
Common Stock — 12,418 shares (Direct)
Footnotes (1)
- F1. The options vest 25% at the end of every fiscal quarter. Any unvested portion of this award is subject to forfeiture.
Key Figures
Direct common shares beneficially owned: 12,418 shares
Underlying shares subject to stock option: 10,000 shares
Exercise price of stock option: $10.25 per share
+2 more
5 metrics
Direct common shares beneficially owned
12,418 shares
Director Jenkin Thomas M as of February 4, 2026
Underlying shares subject to stock option
10,000 shares
Stock option to buy GenFlat common stock held directly
Exercise price of stock option
$10.25 per share
Option to acquire 10,000 shares of GenFlat common stock
Option expiration date
February 4, 2031
Expiration of stock option held by the director
Quarterly vesting portion
25% per fiscal quarter
Vesting schedule for the reported stock option award
Key Terms
beneficially owned, vest, fiscal quarter, forfeiture
4 terms
beneficially owned regulatory
"to include the Amount of Securities Beneficially Owned in Table II"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
vest financial
"The options vest 25% at the end of every fiscal quarter."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
fiscal quarter financial
"The options vest 25% at the end of every fiscal quarter."
forfeiture financial
"Any unvested portion of this award is subject to forfeiture."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does GenFlat Holdings (GFLT) disclose in this amended Form 3?
The amendment adds holdings previously omitted, showing director Jenkin Thomas M beneficially owns 12,418 common shares and a stock option for 10,000 shares at an exercise price of $10.25, expiring February 4, 2031, with quarterly vesting and forfeiture conditions.
What stock options for GenFlat (GFLT) are reported for Jenkin Thomas M?
He holds a stock option to acquire 10,000 shares of GenFlat common stock at an exercise price of $10.25 per share, expiring on February 4, 2031. The options vest 25% at the end of every fiscal quarter and any unvested portion is subject to forfeiture.
Why did GenFlat (GFLT) file this Form 3 amendment?
The amendment was filed to correct the original Form 3 by including the amount of securities beneficially owned in the derivative holdings table that was inadvertently omitted from the original submission dated September 10, 2026.
Does this GenFlat (GFLT) Form 3/A show any new insider buying or selling?
No. The filing presents holding information only and corrects previously omitted beneficial ownership data. It does not report any new purchases, sales, exercises, or other transactions by the director.
AI-generated analysis. How Rhea-AI works. Not financial advice.
