STOCK TITAN

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.

(Neutral)

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
4

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 DRISCOLL FREDERICK W
Role Director
Type Security Shares Price Value
Grant/Award Stock Option (Right to Buy) F2, F1 100,000 $0.00 $0.00
Holdings After Transaction: Stock Option (Right to Buy) — 100,000 contracts (Direct)
Footnotes (2)
  1. 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.
  2. F2. Received as compensation for service on the Board.
Option shares 100,000 shares Options to purchase Lite Strategy, Inc. common stock
Exercise price $1.19 per share Options granted October 22, 2026
Initial vesting 25.0% Vests on the grant date
Remaining vesting installments 9 equal monthly installments On the last day of each calendar month beginning after the grant date
Option expiration October 22, 2036 Expiration date
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"
vest financial
"25.0% shall be vested on the date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
monthly installments financial
"remaining shares subject to the option shall vest in nine equal monthly installments"
Monthly installments are regular, fixed payments made each month to gradually pay off a larger amount, such as a loan or purchase. Think of it like paying for a big item in small, manageable parts instead of all at once. For investors, understanding installment payments helps gauge how debts are structured and how they might affect financial stability or cash flow over time.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LITS options did director Frederick W. Driscoll receive?

Frederick W. Driscoll received options to purchase 100,000 shares of Lite Strategy, Inc. common stock on October 22, 2026, as compensation for Board service. The options have an exercise price of $1.19 per share.

How does the LITS director option award vest?

25.0% vests on the grant date. The remaining shares subject to the option vest in nine equal monthly installments on the last day of each calendar month beginning after the grant date, and the award becomes fully vested on June 30.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DRISCOLL FREDERICK W

(Last)(First)(Middle)
C/O LITE STRATEGY, INC.
9920 PACIFIC HEIGHTS BLVD., SUITE 150

(Street)
SAN DIEGO CALIFORNIA 92121

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Lite Strategy, Inc. [ LITS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy)$1.1910/22/2026A100,000 (1)10/22/2036Common Stock100,000$0(2)100,000D
Explanation of Responses:
1. 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.
2. Received as compensation for service on the Board.
/s/ Frederick W. Driscoll10/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Keep reading