Terrestrial Energy CTO granted 32,787 stock options
Terrestrial Energy Inc. Chief Technology Officer David Michael LeBlanc received a grant of 32,787 stock options, each with an exercise price of $6.34 per share, giving him the right to buy common stock at that price.
Rhea-AI Filing Summary
Terrestrial Energy Inc. Chief Technology Officer David Michael LeBlanc received a grant of 32,787 stock options, each with an exercise price of $6.34 per share, giving him the right to buy common stock at that price.
The options were granted under the Terrestrial Energy Inc. 2025 Equity Incentive Plan and vest in one-third increments on each of the first, second and third anniversaries of the grant date, subject to his continued service. After this filing, he reports 5,981 common shares held directly and 13,731 common shares held indirectly through an entity.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 32,787 shares
Grant/Award
3 txns
Insider
LeBlanc David Michael
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 32,787 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 32,787 contracts (Direct);
Common Stock — 5,981 shares (Direct);
Common Stock — 13,731 shares (Indirect, Through Entity)
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
Stock options granted: 32,787 options
Option exercise price: $6.34 per share
Option expiration date: April 12, 2036
+3 more
6 metrics
Stock options granted
32,787 options
Grant to CTO David Michael LeBlanc on April 12, 2026
Option exercise price
$6.34 per share
Exercise price for 32,787 stock options
Option expiration date
April 12, 2036
Expiration for 32,787 stock options
Direct common shares
5,981 shares
Common stock held directly after transactions
Indirect common shares
13,731 shares
Common stock held indirectly through an entity
Underlying shares for options
32,787 shares
Common stock underlying granted stock options
Key Terms
Stock Option (Right to Buy), 2025 Equity Incentive Plan, vest in one-third increments, indirect ownership
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
2025 Equity Incentive Plan financial
"options granted pursuant to the Terrestrial Energy Inc. 2025 Equity Incentive Plan"
vest in one-third increments financial
"The options vest in one-third increments on each of the first, second and third anniversaries"
indirect ownership financial
"Common Stock ... total_shares_following_transaction: "13731.0000" ... direct_or_indirect: "I""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Terrestrial Energy (IMSR) report for David LeBlanc?
Terrestrial Energy reported a grant of 32,787 stock options to CTO David Michael LeBlanc. The options give him the right to buy common shares at a fixed exercise price of $6.34 under the company’s 2025 Equity Incentive Plan.
What are the key terms of David LeBlanc’s 32,787 Terrestrial Energy stock options?
The 32,787 stock options have an exercise price of $6.34 per share and expire on April 12, 2036. They were granted under the 2025 Equity Incentive Plan and relate to an equal number of Terrestrial Energy common shares.
How do David LeBlanc’s Terrestrial Energy options vest over time?
The options vest in one-third increments on each of the first, second and third anniversaries of the April 12, 2026 grant date. Vesting is conditional on David LeBlanc’s continued service with Terrestrial Energy through each applicable vesting date.
Is David LeBlanc’s Form 4 transaction a market purchase or sale of Terrestrial Energy stock?
The Form 4 shows a grant or award of 32,787 stock options, not an open-market purchase or sale. The transaction is compensation-related, providing rights to buy shares later rather than an immediate trade in Terrestrial Energy’s common stock.
Under which plan were the new Terrestrial Energy options granted to David LeBlanc?
The options were granted pursuant to the Terrestrial Energy Inc. 2025 Equity Incentive Plan. This plan provides equity-based awards, and LeBlanc’s options vest over three years, subject to his continued service with the company through each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
