Hyperscale Data director granted 250K options
Hyperscale Data, Inc. director Michael Herman Lorber reported a compensation-related grant of stock options.
Rhea-AI Filing Summary
Hyperscale Data, Inc. director Michael Herman Lorber reported a compensation-related grant of stock options. He received options to purchase 250,000 shares of Class A common stock at an exercise price of $0.297 per share.
According to the footnote, 50% of these options vested and became exercisable on May 6, 2026, after stockholder approval and NYSE American approval were obtained. The remaining 50% vest in equal monthly installments over 24 months beginning June 1, 2026. The options expire on January 17, 2036 and were issued outside any company stock incentive plan. This is a grant/award, not an open-market purchase or sale.
Positive
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Negative
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Insider Trade Summary
Grant/Award: 250,000 shares
Grant/Award
1 txn
Insider
Lorber Michael Herman
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 250,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Options (Right to Buy) — 250,000 contracts (Direct)
Footnotes (1)
- F1. On January 18, 2026, the Board of Directors of the Issuer granted stock options to Mr. Lorber to purchase 250,000 shares of the Issuer's class A common stock. Fifty percent (50%) of these options vested and became exercisable on the date that receipt of approval of the option grants by the Issuer's stockholders and the NYSE American. Stockholder approval was obtained on April 10, 2026 and approval from the NYSE American was obtained on May 6, 2026, so May 6, 2026 was the date that these options vested and became exercisable. The remaining 50% vest in equal monthly increments over 24 months beginning June 1, 2026. The stock options were issued outside of any Issuer stock incentive plan.
Key Figures
Options granted: 250,000 options
Exercise price: $0.297 per share
Post-transaction option holdings: 250,000 options
+3 more
6 metrics
Options granted
250,000 options
Stock options to buy Class A common stock
Exercise price
$0.297 per share
Exercise price for the 250,000 options
Post-transaction option holdings
250,000 options
Total options held following the reported grant
Initial vesting date
May 6, 2026
Date 50% of options vested after approvals
Remaining vesting period
24 months
Monthly vesting for remaining 50% beginning June 1, 2026
Option expiration date
January 17, 2036
Expiration date of the granted stock options
Key Terms
stock options, Class A common stock, exercise price, vested and became exercisable, +1 more
5 terms
stock options financial
"the Board of Directors of the Issuer granted stock options to Mr. Lorber"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Class A common stock financial
"to purchase 250,000 shares of the Issuer's 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.
exercise price financial
"conversion_or_exercise_price": "0.2970""
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.
vested and became exercisable financial
"Fifty percent (50%) of these options vested and became exercisable on the date"
NYSE American financial
"approval of the option grants by the Issuer's stockholders and the NYSE American"
NYSE American is a stock exchange where companies can list their shares to be bought and sold by investors. It functions like a marketplace, helping businesses raise money and providing investors with opportunities to buy ownership in these companies. Its role is important because it facilitates the trading of smaller or emerging companies, offering investors access to a broader range of investment options.
FAQ
What did Hyperscale Data (GPUS) director Michael Lorber report on this Form 4?
Director Michael Herman Lorber reported receiving a grant of stock options for 250,000 shares of Hyperscale Data’s Class A common stock. This is a compensation award, not an open-market trade, and gives him the right to buy shares at a fixed exercise price.
How many Hyperscale Data (GPUS) options were granted and at what exercise price?
Lorber was granted 250,000 stock options, each allowing purchase of one share of Class A common stock at an exercise price of $0.297. These options provide potential future ownership if exercised, rather than reflecting an immediate stock purchase.
What are the vesting terms of Michael Lorber’s GPUS stock options?
Fifty percent of the options 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, creating a two-year vesting schedule.
When do Michael Lorber’s Hyperscale Data (GPUS) stock options expire?
The granted stock options expire on January 17, 2036. After this expiration date, any unexercised options will lapse and can no longer be used to purchase Hyperscale Data Class A common shares at the specified exercise price of $0.297 per share.
Are Michael Lorber’s GPUS stock options part of a stock incentive plan?
No. The footnote states these stock options were issued outside any Hyperscale Data stock incentive plan. They were granted directly by the Board of Directors, with vesting tied to approvals and a subsequent 24‑month monthly vesting schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
