Terrestrial Energy COO granted 32,787 stock options
Terrestrial Energy Inc. Chief Operating Officer William F. Smith received a grant of stock options covering 32,787 shares of Common Stock.
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Form Type
4
Rhea-AI Filing Summary
Terrestrial Energy Inc. Chief Operating Officer William F. Smith received a grant of stock options covering 32,787 shares of Common Stock. These options were awarded at an exercise price of $6.34 per share and expire on April 12, 2036.
The options were granted under the Terrestrial Energy Inc. 2025 Equity Incentive Plan and vest in three equal annual installments on each of the first, second and third anniversaries of the grant date, contingent on his continued service. Following this grant, he holds 32,787 stock options directly.
Insider Trade Summary
Grant/Award: 32,787 shares
Grant/Award
1 txn
Insider
Smith William F.
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 32,787 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 32,787 contracts (Direct)
Footnotes (1)
- F1. Consists of options granted pursuant to the Terrestrial Energy Inc. 2025 Equity Incentive Plan. The options vest in one-third increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued service through each applicable vesting date.
Key Figures
Options granted: 32,787 options
Exercise price: $6.34 per share
Underlying shares: 32,787 shares
+2 more
5 metrics
Options granted
32,787 options
Stock Option (Right to Buy) grant to COO
Exercise price
$6.34 per share
Exercise price for granted stock options
Underlying shares
32,787 shares
Common Stock underlying the options
Post-grant option holdings
32,787 options
Total options held following this transaction
Option expiration
April 12, 2036
Expiration date of granted options
Key Terms
Stock Option (Right to Buy), Equity Incentive Plan, vesting, expiration date, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
Equity Incentive Plan financial
"options granted pursuant to the Terrestrial Energy Inc. 2025 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vesting financial
"The options vest in one-third increments on each of the first, second and third anniversaries"
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.
expiration date financial
"expiration_date: "2036-04-12T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
underlying security financial
"underlying_security_title: "Common Stock""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Terrestrial Energy (IMSR) disclose about William F. Smith in this Form 4?
The filing shows Chief Operating Officer William F. Smith received a grant of stock options for 32,787 shares. These options are compensation, not an open-market purchase, and give him the right to buy Common Stock at a fixed exercise price.
How many Terrestrial Energy (IMSR) stock options were granted to the COO?
William F. Smith was granted stock options covering 32,787 shares of Terrestrial Energy Common Stock. This award increases his potential equity exposure through the company’s 2025 Equity Incentive Plan, aligning part of his compensation with future share performance.
What is the exercise price of the Terrestrial Energy (IMSR) options granted to the COO?
The granted stock options have an exercise price of $6.34 per share. This means Smith can choose to buy Terrestrial Energy Common Stock at $6.34 in the future, regardless of the market price, subject to vesting and expiration terms.
When do William F. Smith’s Terrestrial Energy (IMSR) options vest?
The options vest in one-third increments on each of the first, second and third anniversaries of the grant date. Vesting is conditioned on Smith’s continued service with Terrestrial Energy through each applicable vesting date, typical for long-term incentive awards.
When do the newly granted Terrestrial Energy (IMSR) options expire?
The stock options granted to William F. Smith expire on April 12, 2036. After that expiration date, any unexercised options will lapse, meaning he would lose the right to buy shares at the $6.34 exercise price.
Are the Terrestrial Energy (IMSR) options granted to the COO part of an equity plan?
Yes. The options were granted under the Terrestrial Energy Inc. 2025 Equity Incentive Plan. Such plans are designed to provide equity-based compensation, linking executive rewards to the company’s long-term share performance and retention objectives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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