Kustom Entertainment (KUST) grants CEO 58,333 stock options
Rhea-AI Filing Summary
Kustom Entertainment, Inc. reported that Chairman, CEO and President Ross E. Stanton received a grant of employee stock options. On January 22, 2026, the board awarded him options to acquire 58,333 shares of common stock at an exercise price of $2.04 per share. The options were granted under the company’s 2022 Stock Option and Restricted Stock Plan and will vest fully on January 22, 2027, as long as he remains an officer on that date. The filing also notes that these figures reflect a reverse stock split that occurred on January 8, 2026.
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FAQ
What did Kustom Entertainment (KUST) disclose about Ross Stanton's Form 4/A?
The company disclosed a grant of stock options to Chairman, CEO and President Ross E. Stanton. On January 22, 2026, he was awarded options for 58,333 shares at a $2.04 exercise price, vesting in 2027, under the 2022 Stock Option and Restricted Stock Plan.
How many stock options were granted to the Kustom Entertainment (KUST) CEO?
The CEO received options for 58,333 shares of common stock. These options were granted on January 22, 2026, under the 2022 Stock Option and Restricted Stock Plan and reflect a prior reverse stock split completed on January 8, 2026.
What is the exercise price of Ross Stanton’s options at Kustom Entertainment (KUST)?
The options have an exercise price of $2.04 per share. This price equals the closing price of Kustom Entertainment’s common stock on the Nasdaq Capital Market on January 22, 2026, the date the options were awarded under the 2022 equity plan.
When do the Kustom Entertainment (KUST) CEO’s stock options vest?
The options will vest 100% on January 22, 2027. Vesting is contingent on Ross E. Stanton remaining an officer of Kustom Entertainment through that date, aligning his equity compensation with continued executive service at the company.
What plan governed the stock option grant reported in Kustom Entertainment (KUST) Form 4/A?
The options were granted under the 2022 Stock Option and Restricted Stock Plan. This plan provides the framework for equity awards, including the 58,333 options granted to Ross E. Stanton on January 22, 2026, at a $2.04 exercise price.
How does the reverse stock split affect the Kustom Entertainment (KUST) option figures?
The filing states the grant figures reflect a reverse stock split effective January 8, 2026. This means the 58,333 option count is already adjusted to post-split terms, ensuring consistency with the company’s updated share structure.