Hyperscale Data (GPUS) CEO awarded 2M stock options at $0.72
Rhea-AI Filing Summary
Hyperscale Data, Inc. reported that Chief Executive Officer William B. Horne received a grant of stock options covering 2,000,000 shares of Class A common stock at an exercise price of $0.72 per share, expiring on July 30, 2035. According to the disclosure, 50% of these options vested and became exercisable on May 6, 2026, once stockholders and the NYSE American approved the grants, with the remaining 50% vesting in equal monthly installments over 24 months beginning June 1, 2026. The company notes that these options were issued outside any stock incentive plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 2,000,000 | $0.00 | -- |
Footnotes (1)
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Key Figures
Key Terms
Stock Options (Right to Buy) financial
Class A Common Stock financial
vesting financial
NYSE American regulatory
stock incentive plan financial
FAQ
What did Hyperscale Data (GPUS) disclose about CEO William Horne’s new options?
Hyperscale Data disclosed that CEO William B. Horne received stock options for 2,000,000 shares of Class A common stock at an exercise price of $0.72 per share. These options are a compensation award rather than an open‑market stock purchase or sale.
How do the vesting terms work for the GPUS CEO’s 2,000,000 stock options?
The CEO’s options vested in stages. 50% vested and became exercisable on May 6, 2026, following stockholder and NYSE American approvals. The remaining 50% vest in equal monthly installments over 24 months starting June 1, 2026, providing gradual long‑term incentives.
What is the exercise price and expiration date of the GPUS CEO’s stock options?
The stock options granted to the GPUS CEO have an exercise price of $0.72 per share and expire on July 30, 2035. This gives the executive a long window to decide when to exercise, depending on Hyperscale Data’s share performance over time.
Were the new GPUS CEO stock options granted under a company stock incentive plan?
No. The filing states that the 2,000,000 stock options granted to the GPUS CEO were issued outside of any Hyperscale Data stock incentive plan. This indicates the award was structured as a stand‑alone grant rather than under an existing equity program.
Is the GPUS Form 4 transaction a stock purchase or a compensation grant?
The Form 4 transaction for GPUS reflects a grant of stock options as compensation, not an open‑market purchase or sale of shares. The CEO acquired derivative securities (options) with an exercise price of $0.72, which may be exercised for Class A shares in the future.