[Form 4] Solana Co Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solana Co director Sherrie L. Perkins reported equity compensation awards. She received 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. She was also granted 2,180 shares of Class A Common Stock as restricted stock units under the 2022 Equity Incentive Plan. According to the awards’ terms, 75% of both the RSUs and options vested on March 31, 2026, with the remaining 25% scheduled to vest on June 30, 2026, subject to her continued service. Following the stock grant, she directly holds 92,220 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Perkins Sherrie L
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 — 92,220 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 option size: 23,529 shares
Option exercise price: $6.881 per share
Option expiration: March 30, 2036
+4 more
7 metrics
Stock option size
23,529 shares
Option over Class A Common Stock granted March 31, 2026
Option exercise price
$6.881 per share
Stock option granted to director, expiring March 30, 2036
Option expiration
March 30, 2036
End date for 23,529-share stock option
RSU share grant
2,180 shares
Class A Common Stock awarded as RSUs
Shares held after grant
92,220 shares
Director’s direct Class A Common Stock holdings post-transaction
Initial vesting portion
75%
Portion of RSUs and options vested March 31, 2026
Remaining vesting portion
25%
Portion scheduled to vest June 30, 2026, service-based
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 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."
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.
