GenFlat Holdings, Inc. (GFLT) CCO exercises 330,000 RSUs into stock
Rhea-AI Filing Summary
GenFlat Holdings, Inc. reported that Chief Commercial Officer Matthew John Albanese exercised 330,000 restricted stock units into 330,000 shares of common stock on July 20, 2026. The RSUs, granted under the 2020 Equity Incentive Plan, had a reported exercise price of $0.0000 per share, resulting in direct ownership of 330,000 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 330,000 shares
Net Buy
2 txns
Insider
Albanese Matthew John
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2 | 330,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 330,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 330,000 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
- F2. Represents a grant of RSUs under the Issuer's 2020 Equity Incentive Plan, which vest on July 20, 2026, the date of grant.
Key Figures
Transaction date: 2026-07-20
RSUs exercised: 330,000 units
Common shares acquired: 330,000 shares
+2 more
5 metrics
Transaction date
2026-07-20
Date RSUs were exercised into common stock
RSUs exercised
330,000 units
Restricted Stock Units converted into common stock
Common shares acquired
330,000 shares
Common stock received from RSU conversion
Exercise price
$0.0000 per share
Reported conversion or exercise price for RSUs
Shares held after transaction
330,000 shares
Direct common stock ownership following the Form 4 transactions
Key Terms
Restricted Stock Unit, 2020 Equity Incentive Plan, derivative security
3 terms
Restricted Stock Unit financial
"Each restricted stock unit represents the contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
2020 Equity Incentive Plan financial
"Represents a grant of RSUs under the 2020 Equity Incentive Plan"
derivative security financial
"Transaction code M is described as exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity transaction did GenFlat Holdings (GFLT) disclose?
GenFlat Holdings disclosed that Chief Commercial Officer Matthew John Albanese exercised 330,000 RSUs into 330,000 common shares on July 20, 2026. The award was granted under the company’s 2020 Equity Incentive Plan at a reported exercise price of $0.0000 per share.
Was the GenFlat (GFLT) insider transaction a market sale or purchase?
The Form 4 shows an exercise and conversion of 330,000 restricted stock units into common stock, not an open-market buy or sale. The derivative RSU position went to zero, while direct common stock holdings increased to 330,000 shares.
What plan governs the RSUs reported for GenFlat (GFLT) executive Matthew Albanese?
The restricted stock units are reported as granted under GenFlat’s 2020 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of common stock, with vesting specified as occurring on July 20, 2026, the stated grant date.
Did the GenFlat (GFLT) insider RSU exercise involve an exercise price?
Yes. The Form 4 reports a conversion or exercise price of $0.0000 per share for the 330,000 restricted stock units. This price applied to the RSUs that were exercised into 330,000 shares of GenFlat common stock on July 20, 2026.