JFB Construction (JFB) awards 468k shares and 1M options to leadership
Rhea-AI Filing Summary
JFB Construction Holdings reported new equity awards for leadership and employees tied to 2025 performance. On January 16, 2026, the company issued 468,000 shares of common stock under its 2024 Equity Incentive Plan, including 300,000 shares to Chairman and CEO Joseph F. Basile III, 100,000 shares to the Chief Financial Officer, 3,500 shares to the Chief Operating Officer, 60,000 shares to six other directors, and 4,500 shares to additional employees. The shares were valued at $20.55 per share and are registered on Form S-8.
On the same date, the board approved 1,000,000 stock options for CEO Joseph F. Basile III, with an exercise price at least equal to the fair market value on the grant date. The options vest in four equal tranches of 250,000 shares at 6, 12, 18 and 24 months, fully vest upon a change of control, and expire no later than ten years from grant or upon earlier termination of service.
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Insights
JFB grants significant stock and options to align CEO and leadership with shareholders over a multi‑year period.
JFB Construction Holdings granted
The board also approved
FAQ
What executive and director share grants did JFB (JFB) approve on January 16, 2026?
On January 16, 2026, JFB Construction Holdings issued an aggregate of 468,000 shares of common stock for 2025 services. Awards included 300,000 shares to the Chairman and CEO, 100,000 shares to the Chief Financial Officer, 3,500 shares to the Chief Operating Officer, 10,000 shares each to six other directors (60,000 total), and 4,500 shares to five additional employees.
At what value were the JFB (JFB) equity awards for 2025 services recorded?
The 468,000 shares of common stock issued for 2025 services by JFB Construction Holdings were valued at $20.55 per share, and were granted under the company’s 2024 Equity Incentive Plan.
What are the key terms of the 1,000,000 stock options granted to JFB s CEO?
JFB Construction Holdings granted its CEO 1,000,000 stock options to purchase common shares at an exercise price at least equal to the fair market value on the grant date. The options vest in four tranches of 250,000 shares at 6, 12, 18 and 24 months after grant, fully vest upon a change of control, and expire at the earlier of ten years from grant or termination of service.
Under which plan and registration statement were the JFB (JFB) share grants made?
The 468,000 shares issued for 2025 services were granted under the JFB Construction Holdings 2024 Equity Incentive Plan and are registered under the Securities Act of 1933 on a registration statement on Form S-8.
Does the JFB (JFB) CEO option grant have change-of-control protection?
Yes. The 1,000,000 options granted to the CEO by JFB Construction Holdings will fully vest upon a change of control, according to the option agreement referenced in the filing.
Where can investors find the full terms of the JFB (JFB) CEO option agreement?
The complete terms of the CEO’s Option Agreement are provided in Exhibit 10.1 to the report, identified as the Option Agreement between the company and Joseph Basile dated January 16, 2026.