Lite Strategy grants Glover 100,000 stock options
The board-service options vest in stages, alongside two earlier common-stock purchases.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Lite Strategy, Inc. (LITS) reported that director Nicholas Glover received a Board-service option award covering 100,000 common shares on October 22, 2026, with a $1.19 exercise price and an October 22, 2036 expiration. Glover also purchased 1,000 shares at $6.55 on July 22, 2025, and 1,000 shares at $6.00 on July 23, 2025; no Rule 10b5-1 plan is reported for these purchases.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F2, F1 | 100,000 | $0.00 | $0.00 |
| Purchase | Common Stock | 1,000 | $6.00 | $6K |
| Purchase | Common Stock | 1,000 | $6.55 | $7K |
Footnotes (2)
- F1. Customary annual grant to non-employee directors of options to purchase shares of common stock. Such options shall vest as follows: 25.0% shall be vested on the date of grant, and the remaining shares subject to the option shall vest in nine equal monthly installments on the last day of the calendar month beginning after the grant date such that the award becomes fully vested on June 30.
- F2. Received as compensation for service on the Board.
Key Figures
Key Terms
exercise price financial
vested financial
non-employee directors financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What option award did Nicholas Glover receive?
When do Nicholas Glover's LITS options vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.