General Fusion director gets 6,818 RSUs, options
GFUZ director Christopher Dixon Sorrells received new RSU and stock option awards that vest over three years starting July 13, 2027.
Rhea-AI Filing Summary
General Fusion Group Ltd. (GFUZ) director Christopher Dixon Sorrells reported equity-based compensation on September 2, 2026. He received 6,818 restricted stock units, each representing one common share, and options for 11,065 common shares at an exercise price of $11.00 per share. Both the RSUs and options vest in three equal annual installments beginning July 13, 2027, and the options expire on September 2, 2036. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 17,883 shares
Grant/Award
2 txns
Insider
Sorrells Christopher Dixon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F2 | 11,065 | $0.00 | $0.00 |
| Grant/Award | Common Shares F1 | 6,818 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 11,065 contracts (Direct);
Common Shares — 6,818 shares (Direct)
Footnotes (2)
- F1. Restricted stock units ("RSUs") are granted to the reporting person for no additional cash consideration, each of which represents a contingent right to receive one common share upon vesting of these RSUs in three equal annual installments, with the first installment vesting on July 13, 2027.
- F2. These options vest in three equal annual installments, with the first installment vesting on July 13, 2027.
Key Figures
Restricted stock units granted: 6,818 units
Stock options granted: 11,065 options
Option exercise price: $11.00 per share
+5 more
8 metrics
Restricted stock units granted
6,818 units
Equity award granted on September 2, 2026, each unit representing one common share
Stock options granted
11,065 options
Right to buy common shares granted on September 2, 2026
Option exercise price
$11.00 per share
Exercise price for the 11,065 stock options granted
RSU vesting start date
July 13, 2027
First of three equal annual vesting installments for 6,818 restricted stock units
Option vesting start date
July 13, 2027
First of three equal annual vesting installments for 11,065 stock options
Option expiration date
September 2, 2036
Expiration of the 11,065 stock options if not exercised
Common shares held after RSU grant
6,818 shares
Direct common share position reported following the RSU award
Options held after grant
11,065 options
Direct stock option position reported following the option grant
Key Terms
Restricted stock units, RSUs, contingent right, vesting, +1 more
5 terms
Restricted stock units financial
"Restricted stock units ("RSUs") are granted to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"each of which represents a contingent right to receive one common share"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"each of which represents a contingent right to receive one common share"
vesting financial
"upon vesting of these RSUs in three 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.
expiration date financial
"These options vest in three equal annual installments"
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.
FAQ
What equity awards did GFUZ director Christopher Dixon Sorrells receive on September 2, 2026?
He received 6,818 restricted stock units, each for one common share, and options for 11,065 common shares at an exercise price of $11.00 per share, all reported as direct holdings.
How do the new restricted stock units for GFUZ vest?
The 6,818 restricted stock units vest in three equal annual installments, with the first installment vesting on July 13, 2027. Each vested unit entitles Christopher Dixon Sorrells to receive one common share.
What are the key terms of the new stock options reported for GFUZ?
The stock options cover 11,065 common shares at an exercise price of $11.00 per share. They vest in three equal annual installments starting on July 13, 2027 and have an expiration date of September 2, 2036.
Are the new GFUZ equity awards to Christopher Dixon Sorrells under a Rule 10b5-1 plan?
No. The filing indicates no Rule 10b5-1 trading plan for these reported transactions, meaning they are not disclosed as being executed under a pre-arranged trading plan.
What are Christopher Dixon Sorrells’ direct holdings in GFUZ after these awards?
After the awards, his reported direct holdings include 6,818 common shares from restricted stock units and 11,065 stock options for common shares, all subject to the stated vesting schedules and option terms.
When do the GFUZ stock options granted to Christopher Dixon Sorrells expire?
The stock options granted on September 2, 2026, to Christopher Dixon Sorrells have an expiration date of September 2, 2036, providing a ten-year period during which vested options may be exercised at the $11.00 per share exercise price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
