Giftify (GIFT) CFO awarded 100,000 restricted shares plus 100,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Giftify, Inc. granted equity awards to its CFO, Steve Handy. On February 2, 2026, the board awarded 100,000 shares of restricted common stock at $1.06 per share, vesting pro rata over 36 months based on the company’s evaluation of 2025 performance.
The CFO also holds a stock option for 100,000 shares with a $0.90 exercise price, vesting monthly over 36 months starting February 1, 2025, and exercisable for ten years from grant, subject to earlier expiration upon termination of service. After these transactions, he beneficially owns 293,271 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Handy Steve
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 100,000 | $1.06 | $106K |
| Grant/Award | Stock Option (Right to Buy) | 100,000 | $0.00 | -- |
Holdings After Transaction:
Common stock — 293,271 shares (Direct);
Stock Option (Right to Buy) — 293,271 shares (Direct)
Footnotes (1)
- A On February 2, 2026, the board of directors of the Issuer granted 100,000 shares of restricted common stock that will vestpro rata over 36 months to the Reporting Person in connection with its evaluation of the Issuer's 2025 performance Consists of options to purchase Issuer's shares of common stock that vest pro rata on a monthly basis over 36 months commencing on February 1, 2025 and are exercisable for a period of ten years from the date of grant (subject to earlier expiration in connection with the termination of service with the Issuer).
FAQ
What insider transactions did Giftify (GIFT) disclose for its CFO?
Giftify’s CFO received new equity awards. He was granted 100,000 shares of restricted common stock and a stock option for 100,000 shares. Both awards vest over 36 months, tying compensation to ongoing service and prior 2025 performance evaluation.
What are the terms of the Giftify (GIFT) CFO’s stock options?
The CFO holds options for 100,000 Giftify shares. These options have a $0.90 exercise price, vest monthly over 36 months starting February 1, 2025, and are exercisable for ten years from grant, subject to earlier expiration if his service ends.
How long is the vesting period for Giftify (GIFT) CFO’s restricted stock?
The restricted stock vests over 36 months. The 100,000-share award granted on February 2, 2026 vests pro rata during this three-year period, aligning the CFO’s equity compensation with continued service and the company’s prior 2025 performance evaluation.
When do the Giftify (GIFT) CFO’s stock options expire?
The CFO’s stock options are exercisable for ten years. They were granted with an expiration on February 1, 2035, though they may expire earlier if his service with Giftify terminates under the award’s terms.