Lite Strategy grants Driscoll 100,000 stock options
The award vests 25.0% on its grant date, then in nine equal monthly installments, and becomes fully vested on June 30.
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.
Rhea-AI Filing Summary
Lite Strategy, Inc. director Frederick W. Driscoll received a compensation-related grant of options to purchase 100,000 shares of common stock on October 22, 2026, at an exercise price of $1.19 per share. The options vest 25.0% on the grant date, with the remaining shares vesting in nine equal monthly installments on the last day of each calendar month beginning after the grant date; the award becomes fully vested on June 30. The options expire October 22, 2036.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F2, F1 | 100,000 | $0.00 | $0.00 |
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
Stock Option (Right to Buy) financial
vest financial
monthly installments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many LITS options did director Frederick W. Driscoll receive?
How does the LITS director option award vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.