STOCK TITAN

GenFlat Holdings, Inc. (GFLT) awards CFO 100,000 stock options

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GenFlat Holdings, Inc. reported that Chief Financial Officer William Ray Benz received a grant of 100,000 Employee Stock Options on July 20, 2026. The options allow purchase of common stock at an exercise price of $1.39 per share and expire on July 20, 2031. According to the award terms, 50,000 options vest on July 20, 2027 (described as the Grant Date), 25,000 vest on the first anniversary of that date, and 25,000 vest on the second anniversary, all contingent on continued service; any unvested portion is subject to forfeiture. Following this grant, Benz holds 100,000 stock options directly.

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Insider Benz William Ray
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Employee Stock Option (Right to Buy) F1 100,000 $0.00 $0.00
Holdings After Transaction: Employee Stock Option (Right to Buy) — 100,000 shares (Direct)
Footnotes (1)
  1. F1. Represents an option award pursuant to the Company's 2020 Equity Incentive Plan, 50,000 options vest on July 20, 2027, the Grant Date; 25,000 options vest on the first anniversary of the Grant Date; and the remaining 25,000 options vest on the second anniversary of the Grant Date, subject to continued service with the Company through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture.
Options Granted 100000.0000 Employee stock options granted to CFO William Ray Benz
Exercise Price $1.3900 per share Exercise price of the Employee Stock Option (Right to Buy)
Expiration Date 2031-07-20 Expiration of the option award
Initial Vesting Tranche 50,000 options Options vesting on July 20, 2027, described as the Grant Date
Second Vesting Tranche 25,000 options Options vesting on first anniversary of the Grant Date
Final Vesting Tranche 25,000 options Options vesting on second anniversary of the Grant Date
Post-Grant Holdings 100000.0000 options Total stock options held directly by the CFO after this grant
Employee Stock Option (Right to Buy) financial
"Security title listed as "Employee Stock Option (Right to Buy)" for the grant"
2020 Equity Incentive Plan financial
"Represents an option award pursuant to the Company's 2020 Equity Incentive Plan, 50,000 options vest..."
vesting financial
"50,000 options vest on July 20, 2027, the Grant Date; 25,000 options vest on the first anniversary..."
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.
forfeiture financial
"Any unvested portion of this award is subject to forfeiture."

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

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FAQ

What insider transaction did GenFlat Holdings (GFLT) report for its CFO?

GenFlat reported a stock option grant to CFO William Ray Benz covering 100,000 options. The award is an Employee Stock Option (Right to Buy) over common stock, recorded as a grant/award acquisition rather than an open-market trade.

What are the key terms of the GFLT stock options granted to the CFO?

The CFO received 100,000 options with an exercise price of $1.39 per share, expiring on July 20, 2031. Each option relates to one share of common stock, and all are held directly following this grant.

How do the GenFlat (GFLT) CFO option awards vest over time?

The award vests in three tranches: 50,000 options on July 20, 2027 (described as the Grant Date), then 25,000 on the first anniversary, and 25,000 on the second anniversary. Vesting is conditioned on continued service with the company.

Are the new GFLT option awards to the CFO subject to forfeiture?

Yes. The company states that any unvested portion of the 100,000-option award is subject to forfeiture. This means if service conditions are not met before each vesting date, the unvested options can be lost.

Does the GFLT Form 4 show a market buy or sale of common stock by the CFO?

No. The Form 4 reports a grant, award, or other acquisition of options, not a purchase or sale of existing GFLT shares in the market. It records the issuance of derivative securities under an equity incentive plan.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Benz William Ray

(Last)(First)(Middle)
1983 N BERRA BLVD

(Street)
TOOELE UTAH 84074

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GenFlat Holdings, Inc. [ GFLT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy)$1.3907/20/2026A100,000 (1)07/20/2031Common Stock100,000$0.00100,000D
Explanation of Responses:
1. Represents an option award pursuant to the Company's 2020 Equity Incentive Plan, 50,000 options vest on July 20, 2027, the Grant Date; 25,000 options vest on the first anniversary of the Grant Date; and the remaining 25,000 options vest on the second anniversary of the Grant Date, subject to continued service with the Company through the applicable vesting dates. Any unvested portion of this award is subject to forfeiture.
/s/ William R. Benz07/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)