Solana Co (HSDT) director receives stock options and RSU awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solana Co director Paul Buckman received new equity awards as part of his compensation. He was granted a stock option covering 23,529 shares of Class A Common Stock at an exercise price of $6.881 per share, expiring on March 30, 2036.
He also received 2,180 shares of Class A Common Stock, increasing his direct holdings to 92,004 shares. Both the option and restricted stock units vest 75% on March 31, 2026, with the remaining 25% scheduled to vest on June 30, 2026, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BUCKMAN PAUL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 23,529 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 2,180 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 23,529 shares (Direct);
Class A Common Stock — 92,004 shares (Direct)
Footnotes (1)
- Grant to the Reporting Person of restricted stock units ("RSUs") under the Issuer's 2022 Equity Incentive Plan. 75% of the RSUs vested on March 31, 2026, and the remaining 25% of RSUs will vest on June 30, 2026, subject to the Reporting Person's continued service through such vesting period. Grant to the Reporting Person of a stock option under the Issuer's 2022 Equity Incentive Plan. 75% of the options vested on March 31, 2026, and the remaining 25% of options will vest on June 30, 2026, subject to the Reporting Person's continued service through such vesting period.
Key Figures
Stock options granted: 23,529 options
Option exercise price: $6.881 per share
Option expiration: March 30, 2036
+4 more
7 metrics
Stock options granted
23,529 options
Grant on March 31, 2026
Option exercise price
$6.881 per share
Stock option grant on March 31, 2026
Option expiration
March 30, 2036
Stock option term under 2022 Equity Incentive Plan
Shares granted
2,180 shares
Class A Common Stock grant on March 31, 2026
Shares held after grant
92,004 shares
Class A Common Stock direct holdings after March 31, 2026 grant
Initial vesting portion
75% of awards
Vested on March 31, 2026, subject to continued service
Final vesting portion
25% of awards
Scheduled to vest on June 30, 2026, with continued service
Key Terms
restricted stock units ("RSUs"), 2022 Equity Incentive Plan, stock option, vesting
4 terms
restricted stock units ("RSUs") financial
"Grant to the Reporting Person of restricted stock units ("RSUs") under the Issuer's 2022 Equity Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2022 Equity Incentive Plan financial
"Grant to the Reporting Person of restricted stock units ("RSUs") under the Issuer's 2022 Equity Incentive Plan."
stock option financial
"Grant to the Reporting Person of a stock option under the Issuer's 2022 Equity Incentive Plan."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vesting financial
"75% of the options vested on March 31, 2026, and the remaining 25% of options will vest on June 30, 2026."
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.
FAQ
What insider transactions did Solana Co (HSDT) director Paul Buckman report?
Paul Buckman reported equity compensation awards, not open-market trades. He received 23,529 stock options at a $6.881 exercise price and 2,180 shares of Class A Common Stock, all granted as part of Solana Co’s 2022 Equity Incentive Plan.
How many Solana Co (HSDT) stock options were granted to Paul Buckman?
He was granted stock options for 23,529 shares of Class A Common Stock. These options have an exercise price of $6.881 per share and an expiration date of March 30, 2036, providing long-term equity-based compensation tied to Solana Co’s performance.
What is the vesting schedule for Paul Buckman’s Solana Co (HSDT) awards?
Both his restricted stock units and stock options vest on the same schedule: 75% vested on March 31, 2026, and the remaining 25% will vest on June 30, 2026, conditioned on his continued service with Solana Co during the vesting period.
Are Paul Buckman’s Solana Co (HSDT) transactions open-market purchases or sales?
They are not open-market trades. The filing shows “A” code transactions, meaning grants or awards. He acquired options and shares at a reported price of $0.00 per share as compensation, under the company’s 2022 Equity Incentive Plan, rather than buying or selling in the market.
Under which plan were Paul Buckman’s Solana Co (HSDT) equity awards granted?
The restricted stock units and stock options were granted under Solana Co’s 2022 Equity Incentive Plan. This plan provides equity-based compensation, with Buckman’s awards vesting mostly on March 31, 2026 and the remainder on June 30, 2026, subject to continued service.