GPGI, Inc. (GPGI) director granted 40,984 stock options at $12.16 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GPGI, Inc. director James Mark R. reported receiving a grant of stock options covering 40,984 shares of Class A common stock. The options have an exercise price of $12.16 per share and expire on June 11, 2036. According to the vesting schedule, they will vest in four equal annual installments of 25% each, starting on June 11, 2027 and on the first, second, and third anniversaries of that date. After this compensation-related award, he holds 40,984 derivative securities linked to the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
James Mark R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 40,984 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 40,984 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock options granted: 40,984 options
Exercise price: $12.16 per share
Expiration date: June 11, 2036
+3 more
6 metrics
Stock options granted
40,984 options
Grant of Stock Option (Right to Buy) to director
Exercise price
$12.16 per share
Conversion or exercise price of stock options
Expiration date
June 11, 2036
Option grant expiration date
Underlying shares
40,984 shares
Underlying Class A Common Stock per option grant
Post-grant derivative holdings
40,984 options
Total derivative securities following transaction
Vesting schedule start
June 11, 2027
First 25% vesting installment
Key Terms
Stock Option (Right to Buy), Class A Common Stock, Grant, award, or other acquisition, derivative securities, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Class A Common Stock financial
"underlying_security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
derivative securities financial
"derivativeTransactionCount for all derivative-type records"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
vest financial
"The Stock Options will vest in equal annual installments of 25% each"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did GPGI (GPGI) report for James Mark R.?
GPGI reported that director James Mark R. received a stock option grant for 40,984 shares of Class A common stock. This is a compensation-related award, not an open-market purchase, and is recorded as a derivative security on a Form 4 filing.
What is the exercise price of the new GPGI (GPGI) stock options?
The granted stock options have an exercise price of $12.16 per share. This means James Mark R. can buy GPGI Class A common stock at $12.16 once options vest and are exercised, regardless of the market price at that future time.
When do James Mark R.’s GPGI (GPGI) stock options vest?
The stock options vest in four equal annual installments of 25% each. Vesting begins on June 11, 2027, with additional 25% tranches vesting on the first, second, and third anniversaries of that date, creating a multi-year incentive schedule.
When do the newly granted GPGI (GPGI) stock options expire?
The stock options granted to James Mark R. expire on June 11, 2036. If they are not exercised by that date, the right to buy 40,984 shares of Class A common stock at $12.16 per share will lapse and become worthless.
How many GPGI (GPGI) derivative securities does James Mark R. hold after this grant?
Following this grant, James Mark R. holds 40,984 derivative securities in the form of stock options. These options give him the right to acquire the same number of GPGI Class A common shares, subject to the vesting schedule and the $12.16 exercise price.