Koss grants EVP 100,000 stock options at $4.73
KOSS CORP Executive Vice President Michael J. Koss Jr. received a grant of stock options covering 100,000 shares of common stock at an exercise price of $4.73 per share.
Rhea-AI Filing Summary
KOSS CORP Executive Vice President Michael J. Koss Jr. received a grant of stock options covering 100,000 shares of common stock at an exercise price of $4.73 per share. These options vest in four equal annual installments beginning on May 6, 2027, and expire on May 6, 2031.
After this filing, he holds 26,000 shares of Koss common stock directly and 12 shares indirectly through an ESOP, alongside the newly granted options. The grant is compensation-related and does not reflect an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 100,000 shares
Grant/Award
3 txns
Insider
Koss Michael J Jr
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 100,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 100,000 contracts (Direct);
Common Stock — 26,000 shares (Direct);
Common Stock — 12 shares (Indirect, ESOP)
Footnotes (1)
- F1. These Stock Options vest in four equal annual installments beginning on May 6, 2027.
Key Figures
Options Granted: 100,000 options
Exercise Price: $4.73 per share
Option Expiration: May 6, 2031
+2 more
5 metrics
Options Granted
100,000 options
Stock Options (Right to Buy) grant to EVP
Exercise Price
$4.73 per share
Exercise price for 100,000 stock options
Option Expiration
May 6, 2031
Expiration date of granted stock options
Direct Share Holdings
26,000 shares
Common stock held directly after transactions
Indirect ESOP Holdings
12 shares
Common stock held indirectly via ESOP after transactions
Key Terms
Stock Options (Right to Buy), ESOP, vesting, Executive Vice President
4 terms
Stock Options (Right to Buy) financial
"security_title: "Stock Options (Right to Buy)" with 100,000 underlying shares"
ESOP financial
"nature_of_ownership: "ESOP" for 12 indirectly held common shares"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
vesting financial
"These Stock Options vest in four equal annual installments beginning on May 6, 2027"
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.
Executive Vice President financial
"Michael J. Koss Jr. is listed with officer_title: "Executive Vice President""
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did KOSS Executive Vice President Michael J. Koss Jr. receive in this Form 4 filing for KOSS?
Michael J. Koss Jr. received a grant of stock options for 100,000 KOSS common shares at an exercise price of $4.73 per share. The award is compensation-related, not an open-market trade, and increases his potential future equity exposure to the company.
What is the vesting schedule of the new KOSS stock options reported for Michael J. Koss Jr.?
The 100,000 KOSS stock options vest in four equal annual installments beginning on May 6, 2027. This means 25,000 options become exercisable each year over four years, aligning the Executive Vice President’s incentives with longer-term company performance.
When do the KOSS stock options granted to Michael J. Koss Jr. expire?
The KOSS stock options granted to Michael J. Koss Jr. expire on May 6, 2031. He can exercise vested options at $4.73 per share any time before that expiration date, subject to the terms of the company’s equity plan and applicable regulations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
