Kaival CFO gets 3M RSAs and 3M options
Kaival Brands Innovations Group, Inc. CFO Eric Morris reported new equity compensation awards.
Rhea-AI Filing Summary
Kaival Brands Innovations Group, Inc. CFO Eric Morris reported new equity compensation awards. He received a restricted stock award covering 3,000,000 shares of common stock, with 600,000 shares vesting immediately and 2,400,000 vesting in 200,000-share quarterly installments over the next 12 fiscal quarters, subject to continued service.
He was also granted a non-qualified stock option for 3,000,000 shares of common stock at an exercise price of $0.0152 per share, expiring on March 31, 2036. Of these options, 600,000 vested immediately and 2,400,000 will vest in equal 200,000-option quarterly installments over 12 fiscal quarters, subject to continued service. Following the award, he directly holds 3,006,020 shares of common stock and 3,000,000 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 6,000,000 shares
Grant/Award
2 txns
Insider
MORRIS ERIC
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 3,000,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,000,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Options (right to buy) — 3,000,000 contracts (Direct);
Common Stock — 3,006,020 shares (Direct)
Footnotes (3)
- F1. The reported transaction involved the Reporting Person's receipt of a restricted stock award for 3,000,000 shares of the Issuer's common Stock (the "RSA"). The RSA was granted pursuant to the applicable award agreement dated March 31, 2026, under the Issuer's Amended and Restated 2020 Stock and Incentive Compensation Plan. The RSA represents a contingent right to receive 3,000,000 shares of the Issuer's common stock. Of the 3,000,000 RSAs, 600,000 vests immediately and the remaining 2,400,000 vest in equal quarterly installments of 200,000 shares at the end of each fiscal quarter over the next 12 quarters, subject to continued service.
- F2. The reported transaction involved the Reporting Person's receipt of a non-qualified stock option to purchase 3,000,000 shares of the Issuer's common stock. The option was granted pursuant to the applicable award agreement dated March 31, 2026, under the Issuer's Amended and Restated 2020 Stock and Incentive Compensation Plan.
- F3. Of the 3,000,000 non-qualified stock options, 600,000 vest and became exercisable immediately and the remaining 2,400,000 shall vest and become exercisable in equal quarterly installments of 200,000 options at the end of each fiscal quarter over the next 12 quarters, subject to continued service.
Key Figures
Restricted stock award size: 3,000,000 shares
Immediate RSA vesting: 600,000 shares
Option grant size: 3,000,000 options
+4 more
7 metrics
Restricted stock award size
3,000,000 shares
CFO restricted stock award on March 31, 2026
Immediate RSA vesting
600,000 shares
Portion of restricted stock vesting immediately
Option grant size
3,000,000 options
Non-qualified stock option grant to CFO
Option exercise price
$0.0152 per share
Exercise price of non-qualified stock options
Option expiration
March 31, 2036
Expiration date of non-qualified stock options
CFO common shares held
3,006,020 shares
Common stock directly held after transactions
Quarterly vesting tranches
200,000 units
Quarterly vesting size for RSAs and options over 12 quarters
Key Terms
restricted stock award, non-qualified stock option, Amended and Restated 2020 Stock and Incentive Compensation Plan, vesting, +1 more
5 terms
restricted stock award financial
"The reported transaction involved the Reporting Person's receipt of a restricted stock award for 3,000,000 shares"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
non-qualified stock option financial
"The reported transaction involved the Reporting Person's receipt of a non-qualified stock option to purchase 3,000,000 shares"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
Amended and Restated 2020 Stock and Incentive Compensation Plan financial
"The option was granted pursuant to the applicable award agreement ... under the Issuer's Amended and Restated 2020 Stock and Incentive Compensation Plan"
vesting financial
"600,000 vests immediately and the remaining 2,400,000 vest in equal quarterly installments"
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.
fiscal quarter financial
"vest in equal quarterly installments of 200,000 shares at the end of each fiscal quarter"
FAQ
What equity awards did KAVL CFO Eric Morris receive on March 31, 2026?
Eric Morris received a restricted stock award for 3,000,000 Kaival Brands shares and a non-qualified stock option for 3,000,000 shares. Both equity awards were granted under the Amended and Restated 2020 Stock and Incentive Compensation Plan.
How do the KAVL restricted stock awards to the CFO vest?
The restricted stock award for 3,000,000 shares vests partly immediately and partly over time. 600,000 shares vest immediately, while 2,400,000 vest in 200,000-share installments at the end of each fiscal quarter over the next 12 quarters, subject to continued service.
What are the key terms of the KAVL CFO’s 3,000,000 stock options?
The non-qualified stock options cover 3,000,000 Kaival Brands shares at an exercise price of $0.0152 per share. They expire on March 31, 2036, with 600,000 options vesting immediately and 2,400,000 vesting quarterly over 12 fiscal quarters, subject to continued service.
Are the KAVL CFO’s new equity awards tied to a specific compensation plan?
Yes. Both the 3,000,000-share restricted stock award and the 3,000,000-share non-qualified stock option were granted under Kaival Brands’ Amended and Restated 2020 Stock and Incentive Compensation Plan, pursuant to award agreements dated March 31, 2026.
Do the KAVL CFO’s equity awards vest immediately or over time?
They vest both immediately and over time. For each of the 3,000,000-share restricted stock and option grants, 600,000 units vest immediately, while 2,400,000 units vest in equal 200,000-unit quarterly installments over 12 fiscal quarters, contingent on continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
