Terrestrial Energy (IMSR) awards 299,401 stock options to EVP Engineering
Rhea-AI Filing Summary
Terrestrial Energy Inc. reported that EVP, Engineering Pamela Beth Cowan received a grant of 299,401 stock options under the Terrestrial Energy Inc. 2025 Equity Incentive Plan. The options have an exercise price of $5.0100 per share, become exercisable starting 2027-07-29, expire on 2036-07-29, and vest in one-third increments on each of the first, second and third anniversaries of the grant date, subject to her continued service. Following the grant, she held 299,401 derivative securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cowan Pamela Beth
Role
EVP, Engineering
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1 | 299,401 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 299,401 shares (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
Stock options granted: 299,401 shares
Exercise price: $5.0100 per share
Exercise date: 2027-07-29
+1 more
4 metrics
Stock options granted
299,401 shares
Grant of stock options to EVP, Engineering Pamela Beth Cowan
Exercise price
$5.0100 per share
Exercise price of the granted stock options
Exercise date
2027-07-29
Date from which the options become exercisable
Expiration date
2036-07-29
Expiration date of the granted stock options
Key Terms
Stock Option (Right to Buy), Equity Incentive Plan, vesting
3 terms
Stock Option (Right to Buy) financial
"security title listed as Stock Option (Right to Buy) for the derivative grant"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Terrestrial Energy (IMSR) report for Pamela Beth Cowan?
Terrestrial Energy reported that EVP, Engineering Pamela Beth Cowan received a grant of 299,401 stock options. These are derivative securities giving her the right to buy common stock at a fixed exercise price.
How many stock options were granted to the Terrestrial Energy (IMSR) EVP Engineering and at what exercise price?
Pamela Beth Cowan was granted 299,401 stock options with an exercise price of $5.0100 per share. Each option relates to one share of Terrestrial Energy common stock.
When do the newly granted Terrestrial Energy (IMSR) options vest and become exercisable?
The options vest in one-third increments on each of the first, second and third anniversaries of the grant date. They become exercisable starting 2027-07-29, subject to her continued service through each vesting date.
What is the expiration date of the Terrestrial Energy (IMSR) options granted to Pamela Beth Cowan?
The granted stock options expire on 2036-07-29. After this expiration date, any unexercised options will no longer be exercisable for Terrestrial Energy common stock.
How many Terrestrial Energy (IMSR) derivative securities does Pamela Beth Cowan hold after this transaction?
Following the reported grant, Pamela Beth Cowan beneficially held 299,401 derivative securities in the form of stock options. This position reflects the total after the transaction.
Was the Terrestrial Energy (IMSR) option grant to Pamela Beth Cowan made under a Rule 10b5-1 trading plan?
The filing shows the Rule 10b5-1 checkbox as not selected, and the footnote describes only the equity incentive plan and vesting terms. It does not indicate a Rule 10b5-1 trading plan.