Glimpse Group (GGRP) grants ex-director over 97,000 stock options
Rhea-AI Filing Summary
Glimpse Group, Inc. reported that former director Alexander Ruckdaeschel received two stock option awards linked to the company’s common stock. On 1 January 2025, he was granted options for 37,500 shares with an exercise price of $2.25 per share, vesting in equal monthly increments from 31 January 2025 through 31 December 2025.
On 1 May 2026, he received an additional grant of options for 60,417 shares with an exercise price of $0.69 per share, which vested immediately upon grant. Both option series are scheduled to expire on 31 May 2031. The filing does not report any corresponding stock sales or exercises.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
RUCKDAESCHEL ALEXANDER
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F2 | 60,417 | $0.00 | $0.00 |
| Grant/Award | Stock Option (Right to Buy) F1 | 37,500 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 97,917 shares (Direct)
Footnotes (2)
- F1. This option vested in equal monthly increments from 1/31/2025 through 12/31/2025.
- F2. This option vested immediately upon grant.
Key Figures
Option grant size: 37,500 shares
Exercise price: $2.25 per share
Option grant size: 60,417 shares
+3 more
6 metrics
Option grant size
37,500 shares
Stock options granted 1 January 2025 to purchase common stock
Exercise price
$2.25 per share
Strike price for 37,500-share option grant dated 1 January 2025
Option grant size
60,417 shares
Stock options granted 1 May 2026 to purchase common stock
Exercise price
$0.69 per share
Strike price for 60,417-share option grant dated 1 May 2026
Option expiration date
31 May 2031
Expiration date for both reported option grants
Vesting period
Jan 31, 2025 – Dec 31, 2025
Monthly vesting schedule for 37,500-share option grant
Key Terms
Stock Option (Right to Buy), exercise price, vesting, Rule 10b5-1
4 terms
Stock Option (Right to Buy) financial
"Security title reported as "Stock Option (Right to Buy)" for both grants."
exercise price financial
"Each option grant specifies an exercise price per share of common stock."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"One option vested monthly in 2025, another vested immediately upon grant."
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.
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox is present but not marked as a trading plan."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock options did Alexander Ruckdaeschel receive from Glimpse Group (GGRP)?
Alexander Ruckdaeschel received two option grants covering 37,500 and 60,417 shares of Glimpse Group common stock. The grants were awarded in January 2025 and May 2026 as compensation-related stock options, not open-market share purchases.
What are the exercise prices of the new GGRP options reported for Alexander Ruckdaeschel?
The reported options have exercise prices of $2.25 and $0.69 per share. The 37,500-share grant carries the $2.25 strike, while the 60,417-share grant is exercisable at $0.69 per share, both tied to Glimpse Group common stock.
How do the vesting schedules differ for Alexander Ruckdaeschel’s GGRP option grants?
The 37,500-share option grant vested in equal monthly installments from 31 January 2025 through 31 December 2025. The 60,417-share option grant vested immediately upon grant on 1 May 2026, according to the reported footnotes.
When do Alexander Ruckdaeschel’s Glimpse Group (GGRP) stock options expire?
Both reported option grants are scheduled to expire on 31 May 2031. This single expiration date applies to the 37,500-share grant at $2.25 per share and the 60,417-share grant at $0.69 per share, if not exercised earlier.
Did the GGRP Form 4 show any stock sales or exercises by Alexander Ruckdaeschel?
The Form 4 reports awards of stock options but no common stock sales or option exercises. Both transactions use code “A,” indicating grant or award acquisitions of derivative securities rather than market purchases or disposals of Glimpse Group shares.
Were Alexander Ruckdaeschel’s GGRP option grants under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as being pursuant to such a plan, and the footnotes do not reference any trading plan. The filing therefore presents the option awards as standard compensation-related grants, not pre-planned trading transactions.