LITS director Lee Benjamin awarded 10,000 stock options, 2035 expiry
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lite Strategy, Inc. (LITS) director Lee Charles Benjamin received a non‑derivative grant of 10,000 stock options on 10/03/2025 with an exercise price of $2.56. The option is a stock option exercisable into 10,000 shares of common stock and expires on 10/03/2035. The grant vests in 36 equal monthly installments, with the first monthly installment vesting one month after the grant, subject to continued service through each vesting date. Following the reported transaction the reporting person is shown as beneficially owning the 10,000 underlying shares on a direct basis. The filing was submitted under power of attorney by Justin J. File and dated 10/06/2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lee Charles Benjamin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 10,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 10,000 shares (Direct)
Footnotes (1)
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FAQ
What did Lite Strategy (LITS) director Lee Charles Benjamin receive on 10/03/2025?
He received a grant of 10,000 stock options exercisable into common stock at an exercise price of $2.56 with an expiration date of 10/03/2035.
How does the option vest for the LITS grant to Lee Charles Benjamin?
The option vests in 36 equal monthly installments, with the first installment vesting one month after the grant, subject to continued service.
Who signed the Form 4 filing for Lee Charles Benjamin and when was it filed?
The Form 4 was filed under power of attorney by Justin J. File and dated 10/06/2025.
What is the exercise price and expiration of the stock option granted to the LITS director?
The exercise price is $2.56 and the option expires on 10/03/2035.