1847 Holdings grants CFO 1.42M options at $0.0088
1847 Holdings LLC (LBRA) reported that its Chief Financial Officer, Howard Vernice L, received a grant of 1,416,788 share options on August 17, 2026.
Rhea-AI Filing Summary
1847 Holdings LLC (LBRA) reported that its Chief Financial Officer, Howard Vernice L, received a grant of 1,416,788 share options on August 17, 2026. The options have a conversion or exercise price of $0.0088 per share, relate to an equal number of common shares, and expire on August 17, 2036. Following this award, the CFO directly holds 1,416,788 derivative securities of this type.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,416,788 shares
Grant/Award
1 txn
Insider
Howard Vernice L
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option | 1,416,788 | $0.00 | $0.00 |
Holdings After Transaction:
Share Option — 1,416,788 contracts (Direct)
Key Figures
Share options granted: 1,416,788 share options
Conversion or exercise price: $0.0088 per share
Underlying common shares: 1,416,788 common shares
+2 more
5 metrics
Share options granted
1,416,788 share options
Grant to CFO on 2026-08-17
Conversion or exercise price
$0.0088 per share
Exercise price of granted share options
Underlying common shares
1,416,788 common shares
Shares underlying the granted options
Expiration date
2036-08-17
Expiration of the granted share options
Derivative securities held after transaction
1,416,788 share options
Total of this option holding following the grant
Key Terms
Share Option, conversion or exercise price, expiration date
3 terms
conversion or exercise price financial
"conversion_or_exercise_price: "0.0088""
expiration date financial
"expiration_date: "2036-08-17""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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 its CFO?
1847 Holdings LLC disclosed that its CFO, Howard Vernice L, received a grant of 1,416,788 share options on August 17, 2026, as a derivative security award tied to the company’s common shares.
What is the exercise price of the CFO’s new options at LBRA?
The CFO’s new options have a conversion or exercise price of $0.0088 per share, meaning each option can be exercised to acquire one common share at that price, subject to the option terms.
How many LBRA derivative securities does the CFO hold after this Form 4?
After the reported transaction, the CFO directly holds 1,416,788 derivative securities (share options) of this type, according to the Form 4 disclosure.
When do the CFO’s newly granted LBRA options expire?
The newly granted share options to the CFO of 1847 Holdings LLC expire on August 17, 2036, providing a long-dated period during which they may be exercised under their terms.
Is the LBRA CFO’s option transaction a purchase or a grant?
The transaction is reported with code A, described as a grant, award, or other acquisition of derivative securities, not a market purchase or sale of common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.