1847 Holdings grants VP 404K options at $0.0088
1847 Holdings LLC (LBRA) reported that its VP of Operations, Milburn Glyn C., received a grant of share options on August 17, 2026.
Rhea-AI Filing Summary
1847 Holdings LLC (LBRA) reported that its VP of Operations, Milburn Glyn C., received a grant of share options on August 17, 2026. The award covers 404,796 Share Options, each exercisable for one Common Share at an exercise price of $0.0088 per share, expiring on August 17, 2036. Following this grant, the reporting person holds 404,796 Share Options directly.
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Insider Trade Summary
Grant/Award: 404,796 shares
Grant/Award
1 txn
Insider
Milburn Glyn C.
Role
VP of Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option | 404,796 | $0.00 | $0.00 |
Holdings After Transaction:
Share Option — 404,796 contracts (Direct)
Key Figures
Options granted: 404,796 shares
Exercise price: $0.0088 per share
Underlying shares: 404,796 shares
+2 more
5 metrics
Options granted
404,796 shares
Share Options granted on August 17, 2026
Exercise price
$0.0088 per share
Conversion or exercise price of the Share Option
Underlying shares
404,796 shares
Common Shares underlying the Share Options granted
Expiration date
2036-08-17
Expiration date of the Share Options
Options held after transaction
404,796 shares
Total Share Options directly owned following the grant
Key Terms
Share Option, exercise price, expiration date
3 terms
exercise price financial
"at an <b>exercise price</b> of $0.0088 per share, expiring on August 17, 2036"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"per share, with an <b>expiration date</b> of 2036-08-17 for the options"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider transaction did LBRA disclose for Milburn Glyn C.?
LBRA disclosed that VP of Operations Milburn Glyn C. received a grant of 404,796 Share Options on August 17, 2026. These options are a compensation-related acquisition, not an open-market purchase or sale of common shares.
What is the exercise price of the new options granted at LBRA?
The new options granted have an exercise price of $0.0088 per share. Each option is exercisable into one Common Share, providing the holder the right to buy shares at this fixed price until expiration.
How many LBRA options does Milburn Glyn C. hold after this transaction?
After the reported grant, Milburn Glyn C. holds 404,796 Share Options directly. This total corresponds to the full number of options awarded in the August 17, 2026 grant reported in the Form 4.
When do the LBRA options granted to Milburn Glyn C. expire?
The options granted to Milburn Glyn C. expire on August 17, 2036. Until that expiration date, each option can be exercised at the fixed exercise price of $0.0088 per underlying Common Share.
What type of security was granted to the LBRA officer in this Form 4?
The filing reports a grant of Share Options, a derivative security. Each option is linked to an underlying Common Share, with 404,796 underlying shares associated with the granted options.
AI-generated analysis. How Rhea-AI works. Not financial advice.
