Liftoff Mobile officer reports initial share and option holdings
Liftoff Mobile, Inc. filed an initial ownership report for Principal Accounting Officer Clayton Patrick.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
3
Rhea-AI Filing Summary
Liftoff Mobile, Inc. filed an initial ownership report for Principal Accounting Officer Clayton Patrick. The Form 3 shows direct ownership of 91,657 shares of common stock.
Patrick also holds several stock option awards, including options over 81,250 shares at an exercise price of $17.71, 65,000 shares at $11.38, 20,800 shares at $9.86, and 180,607 shares at $4.84, with expirations ranging from 2031 to 2035. Footnotes explain that some options are fully vested while others vest in scheduled quarterly installments through June 30, 2026 and September 30, 2027.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Clayton Patrick
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 347,657 contracts (Direct);
Common Stock — 91,657 shares (Direct)
Footnotes (4)
- F1. These options are fully vested.
- F2. 87.5% of these options have vested, and the remaining 12.5% vest on June 30, 2026.
- F3. 37.5% of these options have vested, and the remaining 62.5% vest in five equal quarterly installments, with the first vesting on June 30, 2026.
- F4. These options vest in eight equal quarterly installments, with the first vesting on September 30, 2027.
Key Figures
Direct common stock holdings: 91,657 shares
Options at $17.71: 81,250 underlying shares at $17.71
Options at $11.38: 65,000 underlying shares at $11.38
+2 more
5 metrics
Direct common stock holdings
91,657 shares
Owned by Clayton Patrick following the reported holdings
Options at $17.71
81,250 underlying shares at $17.71
Stock options expiring September 11, 2035
Options at $11.38
65,000 underlying shares at $11.38
Stock options expiring February 18, 2035
Options at $9.86
20,800 underlying shares at $9.86
Stock options expiring September 4, 2034
Options at $4.84
180,607 underlying shares at $4.84
Stock options expiring July 24, 2031
Key Terms
Stock Options (right to buy), exercise price, expiration date, Principal Accounting Officer
4 terms
Stock Options (right to buy) financial
"security_title: "Stock Options (right to buy)" tied to common stock"
exercise price financial
"conversion_or_exercise_price values such as 4.8400 and 17.7100 per share"
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
"expiration_date fields ranging from 2031-07-24 to 2035-09-11"
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.
Principal Accounting Officer financial
"officer_title shows "Principal Accounting Officer" for Clayton Patrick"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Liftoff Mobile (LFTO) Form 3 report for Clayton Patrick?
The Form 3 shows Clayton Patrick directly owns 91,657 Liftoff Mobile common shares and multiple stock option grants. These options cover hundreds of thousands of underlying shares at exercise prices between $4.84 and $17.71, with expirations extending from 2031 through 2035.
What stock options does Clayton Patrick hold in Liftoff Mobile (LFTO)?
Patrick holds several option awards to buy Liftoff Mobile common stock, including 81,250 shares at $17.71, 65,000 at $11.38, 20,800 at $9.86, and 180,607 at $4.84. These options expire between July 24, 2031 and September 11, 2035.
How do Clayton Patrick’s Liftoff Mobile (LFTO) options vest?
Footnotes state some options are fully vested, while others vest over time. One grant is 87.5% vested with the remainder vesting June 30, 2026. Another is 37.5% vested, with the rest vesting in five equal quarterly installments starting June 30, 2026.
Did the Liftoff Mobile (LFTO) Form 3 show any recent insider trades?
The Form 3 functions as an initial ownership report and lists holdings rather than recent trades. The transaction summary shows no buy or sell transactions, only holding entries for common stock and stock options as of the reported date.
What is Clayton Patrick’s role at Liftoff Mobile (LFTO)?
The filing identifies Clayton Patrick as an officer of Liftoff Mobile, serving as Principal Accounting Officer. This role typically oversees accounting policies and financial reporting, which is why his equity holdings must be reported on SEC ownership forms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates