Iveda director reprices 100K stock options
Iveda Solutions director Robert Gillen reported offsetting option transactions tied to an option repricing.
Rhea-AI Filing Summary
Iveda Solutions director Robert Gillen reported offsetting option transactions tied to an option repricing. He was granted 100,000 stock options on an "acquire" transaction and disposed of 100,000 options back to the issuer on a separate "disposition to issuer" transaction, leaving 128,599 options reported as held afterward.
According to a board-approved repricing on February 23, 2026, his options were reset to an exercise price of $0.29 per share while all other terms remained unchanged. The company states these transactions were exempt under Rule 16b-6(d) and Rule 16b-3 of the Exchange Act.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (Right to Buy) | 100,000 | $0.00 | $0.00 |
| Disposition | Options (Right to Buy) | 100,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. On February 23, 2026, the Issuer's Board of Directors approved an option repricing (the "Repricing") whereby the Reporting Person's options were repriced to an exercise price of $0.29 per share. All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Iveda Solutions (IVDA) disclose for Robert Gillen?
How many Iveda (IVDA) stock options were involved in Robert Gillen’s Form 4 filing?
Did the Iveda (IVDA) Form 4 change Robert Gillen’s total option holdings?
What exercise price was set in Iveda (IVDA) director Robert Gillen’s option repricing?
Were Iveda (IVDA) director Robert Gillen’s option repricing transactions exempt under SEC rules?
What type of securities did Robert Gillen transact in at Iveda Solutions (IVDA)?
AI-generated analysis. How Rhea-AI works. Not financial advice.