Glimpse Group (GGRP) director granted 182,500 stock options
Rhea-AI Filing Summary
Glimpse Group, Inc. reported that director Tamar Elkeles received two stock option grants as equity compensation, not open-market trades. On January 1, 2025, Elkeles was granted options for 37,500 shares of common stock at an exercise price of $2.25 per share, vesting in equal monthly increments from January 31, 2025 through December 31, 2025, and expiring on January 1, 2035.
On May 1, 2026, Elkeles was granted additional options for 145,000 shares at an exercise price of $0.69 per share, expiring on May 1, 2036. These options vest with respect to 60,422 shares on May 31, 2026, with the remaining portion vesting in equal monthly increments from June 30, 2026 through December 31, 2026. Following these grants, the filings show option holdings of 37,500 and 145,000 shares for the respective awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 145,000 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 37,500 | $0.00 | -- |
Footnotes (1)
- This option vests in equal monthly increments from 1/31/2025 through 12/31/2025. This option vests with respect to 60,422 shares on 5/31/2026, then vests in equal monthly increments from 6/30/2026 through 12/31/2026.